STOCK TITAN

Sabra Health Care CFO granted 4,158 stock units

Sabra Health Care REIT’s CFO received 4,158 additional dividend-equivalent stock units, bringing his direct stock unit holdings to 469,879 as of August 31, 2026.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sabra Health Care REIT, Inc. (symbol: SBRA) is the issuer of record for a Form 4 filing submitted to the SEC. Costa Michael Lourenco reported acquisition or exercise transactions in this Form 4 filing.

Sabra Health Care REIT, Inc. (SBRA) reported that Executive VP, CFO & Treasurer Michael Lourenco received a grant of 4,158 stock units of common stock on August 31, 2026. These units were credited as dividend equivalent payments on previously granted stock units and will vest and be paid on the same terms as the original awards.

After this grant, Lourenco holds 469,879 stock units directly, including 286,773 stock units that will settle one-for-one in common shares upon vesting, plus indirect holdings of 784 shares in his IRA and 207 shares in his spouse’s IRA. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.
Insider Costa Michael Lourenco
Role Executive VP, CFO & Treasurer
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 4,158 $0.00 $0.00
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 469,879 shares (Direct); Common Stock — 784 shares (Indirect, By Reporting Person's IRA); Common Stock — 207 shares (Indirect, By Reporting Person's Spouse's IRA)
Footnotes (2)
  1. F1. Represents stock units credited to the reporting person in the form of dividend equivalent payments on stock units previously granted to the reporting person that are outstanding under the Issuer's 2009 Performance Incentive Plan, calculated on the basis of the market value of the Issuer's common stock on the dividend payment date. These units will vest and become payable on the same terms as the original stock units to which they relate.
  2. F2. Includes 286,773 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.
Stock units granted 4,158 stock units Dividend equivalent payments granted on August 31, 2026
Direct stock units after transaction 469,879 stock units Direct holdings of the CFO after August 31, 2026 grant
Stock units settled one-for-one in common stock 286,773 stock units Units that will be paid in one share of common stock per unit upon settlement
Indirect holdings in reporting person’s IRA 784 shares Common stock held indirectly via the reporting person’s IRA
Indirect holdings in spouse’s IRA 207 shares Common stock held indirectly via the reporting person’s spouse’s IRA
Transaction price per stock unit $0.00 per unit Grant of stock units credited as dividend equivalents on August 31, 2026
dividend equivalent payments financial
"Represents stock units credited to the reporting person in the form of dividend equivalent payments"
stock units financial
"Represents stock units credited to the reporting person in the form of dividend equivalent payments"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
2009 Performance Incentive Plan financial
"outstanding under the Issuer's 2009 Performance Incentive Plan, calculated on the basis"
one-for-one basis financial
"Includes 286,773 stock units that, upon settlement, will be paid on a one-for-one basis"

FAQ

What insider transaction did SBRA’s CFO report on August 31, 2026?

Executive VP, CFO & Treasurer Michael Lourenco reported a grant of 4,158 stock units of Sabra Health Care REIT, Inc. common stock on August 31, 2026, credited as dividend equivalent payments on previously granted stock units outstanding under the 2009 Performance Incentive Plan.

How many SBRA stock units does the CFO hold after this Form 4 transaction?

Following the grant, Michael Lourenco directly holds 469,879 stock units, which include 286,773 stock units that upon settlement will be paid on a one-for-one basis in shares of Sabra Health Care REIT, Inc. common stock, subject to the terms of the underlying awards.

What are dividend equivalent payments in the SBRA Form 4 filing?

The filing states the 4,158 stock units represent dividend equivalent payments on previously granted stock units, calculated based on the market value of SBRA common stock on the dividend payment date, and these new units will vest and become payable on the same terms as the original stock units.

Does the SBRA CFO have any indirect holdings reported in this Form 4?

Yes. The Form 4 reports indirect ownership of 784 shares of Sabra common stock held in the reporting person’s IRA and 207 shares held in the reporting person’s spouse’s IRA, in addition to the directly held stock units.

Was the SBRA CFO’s August 31, 2026 stock unit grant under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and there is no footnote indicating that the August 31, 2026 stock unit grant was made pursuant to a Rule 10b5-1 trading plan.

What plan governs the SBRA stock units granted to the CFO?

The stock units, including the 4,158 units credited as dividend equivalents, are reported as outstanding under Sabra Health Care REIT, Inc.’s 2009 Performance Incentive Plan, and will vest and become payable on the same terms as the original stock units to which they relate.

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

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Learn about SEC filing dates
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*
Costa Michael Lourenco

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP, CFO & Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026
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 Stock08/31/2026A4,158(1)A$0469,879(2)D
Common Stock784IBy Reporting Person's IRA
Common Stock207IBy Reporting Person's Spouse's IRA
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. Represents stock units credited to the reporting person in the form of dividend equivalent payments on stock units previously granted to the reporting person that are outstanding under the Issuer's 2009 Performance Incentive Plan, calculated on the basis of the market value of the Issuer's common stock on the dividend payment date. These units will vest and become payable on the same terms as the original stock units to which they relate.
2. Includes 286,773 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Michael Lourenco Costa09/02/2026
** 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)