FOSTER MICHAEL J 4

What Happened Michael J. Foster, a director of Sabra Health Care REIT (SBRA), reported a gift of 813 shares on May 22, 2026. The Form 4 shows the disposition code G (gift) with a reported price/value of $0.00 for the transaction. This is a non-sale transfer (a gift) and does not indicate a market-driven sale or purchase.

Key Details

• Transaction date: 2026-05-22 (Filed: 2026-05-27) — Form 4 was filed 5 days after the transaction (late filing).
• Transaction type/code: Gift (G); reported price/value: $0.00.
• Shares gifted: 813 shares.
• Shares owned after transaction (per filing footnote): includes 715 unvested stock units and 53,484 vested stock units with deferred payment — total 54,199 stock units (each unit equals the right to one common share).
• Footnote: "Includes 715 unvested stock units and 53,484 stock units that have vested but the payment of which has been deferred."
• Timeliness: Filing appears late (transaction on 5/22, filed 5/27); late Form 4s delay public disclosure and can be noted by investors.

Context Gifts are transfers for estate, family, or charitable purposes and generally do not reflect the insider’s view of the company’s near-term prospects. The reported $0 value is standard for gift disclosures (not a market sale). The footnote clarifies that many of the reported holdings are stock units (rights to shares), not necessarily immediately tradable common shares.