FOSTER MICHAEL J 4

What Happened
Michael J. Foster, a director of Sabra Health Care REIT, was credited with 781 stock units on February 27, 2026. The units were granted as dividend-equivalent payments on previously awarded stock units under Sabra’s 2009 Performance Incentive Plan. The reported acquisition price is $0 (no cash paid at grant); the units will vest and be paid on the same terms as the underlying original stock units.

Key Details

• Transaction date: 2026-02-27. Filing date: 2026-03-03 (filed within the Form 4 two-business-day window).
• Transaction type: Award/Grant (code A). 781 stock units acquired at $0.
• Shares/units held after transaction: 54,980 stock units total (2,854 unvested; 51,345 vested but payment deferred), assuming the reported footnote balances. Each stock unit represents the right to one share of common stock.
• Footnote F1: These 781 units are dividend-equivalent payments tied to previously granted stock units and will vest/pay on the same schedule as those original units.
• Footnote F2: Breaks down existing holdings — 2,854 unvested units and 51,345 vested units with deferred payment.

Context
This was a non-cash award (dividend equivalents on stock units), not an open-market purchase or sale. Such grants are typically part of director compensation and do not, by themselves, indicate the director is buying or selling shares in the market.