Form 4: Sabra Health Care REIT Director Receives Stock Units

Catherine Cusack, a Director at Sabra Health Care REIT, Inc., was granted 8,310 restricted stock units under the company's performance incentive plan.

Summary

• Catherine Cusack, a Director at Sabra Health Care REIT, Inc. (SBRA), received a grant of 8,310 restricted stock units (RSUs) on June 17, 2026.
• These RSUs are part of the Issuer's 2009 Performance Incentive Plan.
• The units will vest in equal monthly installments starting July 17, 2026, and will fully vest by June 17, 2027, or the day before the next annual stockholders' meeting, whichever comes first.
• Following this transaction, Cusack beneficially owns 82,056 shares, which includes 8,310 unvested stock units and 55,016 stock units that have vested but their payment has been deferred.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine executive compensation and does not contain significant financial performance updates or strategic shifts.

Positives

• Director compensation through stock units aligns management's interests with shareholders.
• The grant of RSUs indicates continued investment in key personnel.
• Vesting schedule provides retention incentive over the next year.

Negatives

• The filing does not contain any negative financial or operational information.

Risks

• The value of the stock units is subject to market fluctuations.
• Potential for deferred payment of vested stock units to be impacted by future company performance or liquidity.

Future Outlook

The restricted stock units granted to Catherine Cusack will vest in monthly installments starting July 17, 2026, and will be fully vested by June 17, 2027, or the day before the next annual stockholders' meeting.

Industry Context

StockSavvy.ai notes that the issuance of restricted stock units to directors is a common practice in the REIT industry to align executive compensation with long-term shareholder value and incentivize performance.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns director compensation with company performance and stock value.
• Employees: The RSU plan is part of the broader incentive structure for key personnel.
• Management: The vesting schedule provides a retention incentive for the director.

Next Steps

• Monthly vesting of 8,310 restricted stock units commencing July 17, 2026.
• Full vesting of restricted stock units by June 17, 2027, or the day before the next annual stockholders' meeting.

Key Dates

Keywords

Form 4, SEC Filing, Sabra Health Care REIT, SBRA, Catherine Cusack, Director, Restricted Stock Units, RSU Grant, Stock Compensation, Beneficial Ownership