FOSTER MICHAEL J 4
Research Summary
AI-generated summary
Sabra Health Care (SBRA) Director Michael J. Foster Receives RSUs
What Happened
Michael J. Foster, a director of Sabra Health Care REIT, Inc. (SBRA), received a grant of 8,310 restricted stock units (RSUs) on June 17, 2026. The award is reported as an "A" (award/grant); the reported acquisition price is $0.00. These RSUs represent the right to receive one share of common stock per unit when vested.
Key Details
- Transaction date: 2026-06-17; Form 4 filed 2026-06-18 (timely filing).
- Grant size: 8,310 RSUs; reported acquisition price $0.00.
- Shares owned after the transaction: 8,310 unvested RSUs plus 55,016 vested stock units with deferred payment — 63,326 units in total (each unit = one share).
- Vesting: RSUs vest in equal monthly installments beginning July 17, 2026 and ending on the earlier of June 17, 2027 or the day before the next annual stockholders’ meeting (per Issuer’s 2009 Performance Incentive Plan).
- Exhibit listed: Exhibit 24 — Power of Attorney.
Context
This is a compensation grant to a board director (not an open‑market purchase or sale). Such awards are routine for linking executive/director pay to company equity; they do not by themselves indicate an immediate purchase/sale signal. The deferred units noted include 55,016 units that have vested but whose payment has been deferred.