4//SEC Filing
Plumb Spencer G 4
Accession 0001628280-26-001074
CIK 0001590717other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 9:01 PM ET
Size
6.9 KB
Accession
0001628280-26-001074
Insider Transaction Report
Form 4
Plumb Spencer G
Director
Transactions
- Award
LTIP Units
2026-01-02+5,781→ 5,781 total→ Common Stock (5,781 underlying)
Footnotes (2)
- [F1]LTIP Units are a class of units of partnership interests in CTR Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Subject to the terms and conditions of the Second Amended and Restated Agreement of Limited Partnership of the Operating Partnership (as amended, the "Amended Operating Partnership Agreement"), vested LTIP Units that have achieved specified capital account thresholds may be converted into common unit partnership interests in the Operating Partnership, which may thereafter be redeemed for cash or, at the Issuer's election, shares of the Issuer's common stock pursuant to the existing redemption provisions of the Amended Operating Partnership Agreement.
- [F2]Consists of (i) 3,105 LTIP Units representing the annual equity grant to the Reporting Person under the Issuer's non-employee director compensation policy (the "Annual Equity Grant"), which the Reporting Person has elected to receive in LTIP Units, and (ii) 2,676 LTIP Units that the Reporting Person has elected to receive in lieu of the annual cash base retainer payable to the Reporting Person for 2026 in accordance with the Issuer's non-employee director compensation policy. The Annual Equity Grant has been pro-rated for 2026 to account for the equity award compensation received by the Reporting Person for 2025. The LTIP Units vest in full on January 2, 2027, subject to the Reporting Person's continued service through the vesting date.
Documents
Issuer
CareTrust REIT, Inc.
CIK 0001590717
Entity typeother
Related Parties
1- filerCIK 0001488560
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 9:01 PM ET
- Size
- 6.9 KB