4//SEC Filing
Sedgwick David M. 4
Accession 0001628280-25-003232
CIK 0001590717other
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 7:56 PM ET
Size
7.3 KB
Accession
0001628280-25-003232
Insider Transaction Report
Form 4
Sedgwick David M.
President and CEO
Transactions
- Award
Common Stock
2025-01-28+58,988→ 456,808 total - Award
Common Stock
2025-01-28+45,713→ 502,521 total
Footnotes (3)
- [F1]Represents the vesting of stock units subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 15, 2021, including 8,545 shares with respect to dividend equivalent payments calculated based on the market value of the Issuer's Common Stock on the applicable dividend date. The Compensation Committee determined on January 28, 2025 that the number of TSR units earned was 164.83% of the target, based on the percentile ranking of the Issuer's total stockholder return among the total stockholder returns for the stocks comprising a group of pre-selected peer companies over the three-year performance period. Upon this determination, the TSR units vested immediately. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock.
- [F2]Amount adjusted from the Reporting Person's previous Form 4 to reflect the forfeiture of 18,927 shares forfeited in prior years due to the failure to satisfy the applicable performance-based vesting requirements.
- [F3]Represents restricted shares of common stock granted to the Reporting Person that vest after a one year period on January 31, 2026.
Documents
Issuer
CareTrust REIT, Inc.
CIK 0001590717
Entity typeother
Related Parties
1- filerCIK 0001417554
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 7:56 PM ET
- Size
- 7.3 KB