FLORES JESSICA 4
4 · Sabra Health Care REIT, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Sabra Health Care (SBRA) EVP Jessica Flores Receives Award
What Happened
Jessica Flores, Executive Vice President & Chief Accounting Officer of Sabra Health Care REIT (SBRA), had 3,198 funds-from-operations (FFO) based stock units vest and be settled into common shares on February 10, 2026. As part of the settlement, 1,172 shares were withheld by the company to satisfy tax withholding obligations, resulting in proceeds of $22,444 (1,172 shares × $19.15 per share). The Compensation Committee determined the FFO award paid out at 90.8% of target for the 2025 performance period.
Key Details
- Transaction date: February 10, 2026; Form filed February 12, 2026 (appears timely).
- Award (A): 3,198 shares acquired/settled, $0 per share (FFO units vested and converted to shares).
- Tax withholding (F): 1,172 shares disposed/withheld at $19.15 = $22,444 to cover taxes.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: These were FFO-based units granted 12/27/2022 for the 2025 performance period; payout = 90.8% of target and includes 672 dividend-equivalent shares.
- F2: Withheld shares were retained under Rule 16b-3 to satisfy tax withholding for restricted stock unit payouts.
- F3: Filing notes 25,159 stock units that will be settled one-for-one in shares when paid.
Context
This was a performance-based vesting and settlement (award), not an open-market buy or voluntary sale. The withholding of shares is a common, administrative “cashless” step to meet tax obligations and does not necessarily indicate a directional trading signal. FFO units are contingent rights tied to the REIT’s funds-from-operations performance for the stated period.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-10+3,198→ 87,744 total - Tax Payment
Common Stock
[F2][F3]2026-02-10$19.15/sh−1,172$22,444→ 86,572 total
Footnotes (3)
- [F1]Represents the vesting of stock units granted under the Issuer's 2009 Performance Incentive Plan subject to a funds from operations-based stock unit ("FFO units") award granted on December 27, 2022, including 672 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 February 10, 2026 that the number of FFO units earned was 90.8% of the target. Upon this determination, the FFO units vested and were settled immediately. Each FFO unit represented a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's achievement of a funds from operations target for a performance period beginning January 1, 2025 and ending December 31, 2025.
- [F2]Represents shares withheld by the Issuer in accordance with Rule 16b-3 to satisfy tax withholding obligations in connection with the payout of restricted stock units previously granted to the reporting person.
- [F3]Includes 25,159 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.