FLORES JESSICA 4

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.