PLAVIN STEPHEN D 4

What Happened

• Stephen D. Plavin, a director of Omega Healthcare Investors, converted 4,424 Profits Interest Units (PIUs) into Operating Partnership units (OP Units) and was granted 3,814 PIUs on June 5, 2026. All transactions show $0.00 per unit, meaning no cash changed hands in these internal conversion/award transactions.

Key Details

• Transaction date: 2026-06-05 (filed 2026-06-09). Prices reported: $0.00 for all entries.
• Transactions reported: Exercise/conversion of derivative (code M) — 4,424 units (both acquired and disposed entries); Grant/award (code A) — 3,814 PIUs acquired.
• Shares/units owned after transaction: not specified in this Form 4.
• Filing timeliness: Filed on 2026-06-09 for a 2026-06-05 transaction — within the Section 16 two-business-day reporting window.
• Footnote highlights:
  • F1/F3: PIUs are contingent rights that, upon vesting and tax conditions, convert into OP Units; 100% of Plavin’s PIUs granted on 6/6/2025 vested and converted into OP Units on 6/5/2026.
  • F2: OP Units are redeemable for cash equal to the fair market value of one share of common stock, or at the company’s election, for common shares.
  • F4/F5: The 3,814 PIUs represent the annual grant elected as PIUs on 6/5/2026 and will vest in full at the 2027 Annual Meeting subject to continued service.

Context

• These entries are compensation-related equity conversions and grants (not open-market buys or sales). The conversion of vested PIUs to OP Units can be monetized later (redeemable for cash or shares per the partnership agreement). The newly granted PIUs will vest in the future if service conditions are met.