David M. Sedgwick - Jan 28, 2025 Form 4 Insider Report for CareTrust REIT, Inc. (CTRE)

Signature
/s/ William M. Wagner, attorney-in-fact
Stock symbol
CTRE
Transactions as of
Jan 28, 2025
Transactions value $
$0
Form type
4
Date filed
1/30/2025, 07:56 PM
Previous filing
Dec 19, 2024
Next filing
Feb 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRE Common Stock Award $0 +59K +14.83% $0.00 457K Jan 28, 2025 Direct F1, F2
transaction CTRE Common Stock Award $0 +45.7K +10.01% $0.00 503K Jan 28, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of stock units subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 15, 2021, including 8,545 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 January 28, 2025 that the number of TSR units earned was 164.83% of the target, based on the percentile ranking of the Issuer's total stockholder return among the total stockholder returns for the stocks comprising a group of pre-selected peer companies over the three-year performance period. Upon this determination, the TSR units vested immediately. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock.
F2 Amount adjusted from the Reporting Person's previous Form 4 to reflect the forfeiture of 18,927 shares forfeited in prior years due to the failure to satisfy the applicable performance-based vesting requirements.
F3 Represents restricted shares of common stock granted to the Reporting Person that vest after a one year period on January 31, 2026.