FOSTER MICHAEL J 4
Research Summary
AI-generated summary
Sabra Health Care (SBRA) Director Michael J. Foster Gifts 490 Shares
What Happened
- Michael J. Foster, a director of Sabra Health Care REIT, Inc. (SBRA), reported a gift of 490 shares of the issuer's common stock on May 27, 2026. The reported disposition was a gift (transaction code G) and shows $0.00 proceeds to the insider.
Key Details
- Transaction date: 2026-05-27; reported on Form 4 filed 2026-05-28 (timely; Form 4s are due within two business days).
- Transaction type/code: Gift (G); price reported: $0.00; total cash proceeds: $0.
- Post-transaction holdings: the filing does not list a single total here, but a footnote (F1) states holdings include 715 unvested stock units and 53,484 stock units that have vested but whose payment has been deferred.
- Footnote F1: Each stock unit equals the right to receive one share of common stock.
- No 10b5-1 plan, tax withholding, or late-filing flag was indicated in the summary information provided.
Context
- A gift is a non‑market transaction and does not necessarily reflect the insider’s view of the company’s prospects; it often relates to personal estate or charitable planning.
- The stock-unit footnote means some of the insider’s reported economic exposure is held as deferred stock units rather than freely traded shares.