KATZMANN LYNNE S 4
Research Summary
AI-generated summary
Sabra Health Care REIT (SBRA) Director Lynne Katzmann Receives Award
What Happened
- Lynne S. Katzmann, a director of Sabra Health Care REIT, was credited with 817 stock units (transaction code A — award/grant) on 2026-05-29. The filing shows a $0.00 acquisition price because these are stock units credited as dividend equivalents rather than a cash purchase; their value is based on the market price on the dividend payment date and will vest/payable on the same terms as the underlying awards.
Key Details
- Transaction date: 2026-05-29; filing date: 2026-06-02 (filed within the Form 4 two-business-day window).
- Amount credited: 817 stock units at $0.00 per unit (award of dividend-equivalent units).
- Shares/units held after transaction: reporting indicates these units were credited to existing awards — holdings include 726 unvested stock units and 54,290 stock units that have vested but for which payment has been deferred, plus the 817 newly credited units.
- Footnotes: F1 — these 817 units are dividend-equivalent payments on previously granted stock units and will vest/pay on the same schedule as the original units; F2 — defines the split between unvested units (726) and vested-but-deferred units (54,290).
- Transaction type: Award/Grant (not a market purchase or sale); no cash changed hands at grant.
Context
- These stock units are dividend equivalents tied to previously granted performance/award units under the Issuer’s 2009 Performance Incentive Plan and represent the right to receive one share per unit when paid. Such credits are routine compensation/long-term incentive adjustments and do not by themselves indicate a purchase-driven bullish signal or an intention to sell.