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Sabra (NASDAQ: SBRA) director reports 490-share gift and updates stock holdings

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sabra Health Care REIT director Michael J. Foster reported routine equity holdings and a small charitable-style transfer. The Form 4 shows a bona fide gift of 490 shares of Common Stock on May 27, 2026 at a stated price of $0.0000 per share. After this gift, he directly holds 73,416 shares of Common Stock. A separate entry reflects 42,411.745 shares held indirectly through a 401(k) Plan, representing retirement-plan ownership. A footnote notes an additional 715 unvested stock units and 53,484 vested stock units with deferred payment, each unit corresponding to one share of Sabra’s Common Stock, highlighting further equity-based compensation exposure.

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Insider FOSTER MICHAEL J
Role Director
Type Security Shares Price Value
Gift Common Stock 490 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 73,416 shares (Direct); Common Stock — 42,411.745 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. F1. Includes 715 unvested stock units and 53,484 stock units that have vested but the payment of which has been deferred. Each stock unit represents the right to receive one share of the Issuer's Common Stock.
Gifted shares 490 shares Bona fide gift of Common Stock on May 27, 2026
Direct holdings after gift 73,416 shares Direct Common Stock ownership following May 27, 2026 gift
Indirect 401(k) holdings 42,411.745 shares Common Stock held indirectly in 401(k) Plan
Unvested stock units 715 units Unvested stock units, each for one Common Stock share
Deferred vested stock units 53,484 units Vested stock units with deferred payment, one share per unit
Gift price $0.0000 per share Stated price for 490-share bona fide gift
bona fide gift financial
"The Form 4 shows a bona fide gift of 490 shares of Common Stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
401(k) Plan financial
"A separate entry reflects 42,411.745 shares held indirectly through a 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
unvested stock units financial
"A footnote notes an additional 715 unvested stock units and 53,484 vested stock units"
deferred financial
"53,484 stock units that have vested but the payment of which has been deferred"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Sabra Health Care REIT (SBRA) report for Michael J. Foster?

Sabra Health Care REIT reported that director Michael J. Foster made a bona fide gift of Common Stock. On May 27, 2026, he transferred 490 shares at a stated price of $0.0000 per share, reflecting a charitable-style disposition rather than an open-market sale.

How many Sabra (SBRA) shares did Michael J. Foster gift in this Form 4?

The Form 4 shows Michael J. Foster gifted 490 shares of Sabra’s Common Stock. The transaction is coded as a bona fide gift, meaning no sale proceeds were reported, and it reduces his direct share position while leaving his remaining holdings substantial.

What are Michael J. Foster’s direct Sabra (SBRA) holdings after the reported gift?

Following the 490-share bona fide gift, Michael J. Foster directly holds 73,416 shares of Sabra’s Common Stock. This figure reflects his remaining direct ownership after the transfer and provides context for his ongoing equity stake as a company director.

What indirect Sabra (SBRA) holdings does Michael J. Foster report through a 401(k) Plan?

The filing lists 42,411.745 shares of Sabra’s Common Stock held indirectly through a 401(k) Plan. These shares represent retirement-plan ownership, giving him additional exposure to Sabra’s stock beyond his directly held shares disclosed in the same Form 4.

What do the unvested and deferred stock units in the Sabra (SBRA) Form 4 footnote represent?

A footnote explains that Michael J. Foster has 715 unvested stock units and 53,484 vested but deferred stock units. Each unit corresponds to one share of Common Stock, representing equity-based compensation scheduled for future payment rather than current share ownership.

Does the Sabra (SBRA) Form 4 show any open-market buying or selling by Michael J. Foster?

The Form 4 does not show open-market purchases or sales. It reports a bona fide gift of 490 shares and updates to his direct and indirect holdings, indicating a non-market transfer rather than a price-driven trading decision in Sabra’s stock.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FOSTER MICHAEL J

(Last)(First)(Middle)
C/O SABRA HEALTH CARE REIT, INC.
1781 FLIGHT WAY

(Street)
TUSTIN CALIFORNIA 92782

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sabra Health Care REIT, Inc. [ SBRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026G490D$073,416(1)D
Common Stock42,411.745I401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 715 unvested stock units and 53,484 stock units that have vested but the payment of which has been deferred. Each stock unit represents the right to receive one share of the Issuer's Common Stock.
Remarks:
/s/ Michael Costa, as Attorney-in-Fact05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)