secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2022-01-03T23:59:59+00:00
Accession:  0001193125-22-000239
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra appoints Michael Costa as CFO effective Jan 1, 2022; Harold Andrews retires
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- Michael Costa appointed EVP, CFO, and Secretary effective Jan 1, 2022; will continue as principal accounting officer.
- Harold Andrews retired Dec 31, 2021; enters two-year consulting agreement with $500k annual fee and continued equity vesting.
- Costa's employment agreement provides $450k base salary, annual bonus, and severance multiplier of 1.5x (or 2x on change in control).
- New form of indemnification agreement approved for directors and officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000119312522000239/0001193125-22-000239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000119312522000239/d261076d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-000239

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