Last updated: 4 September 2024 at 8:57pm EST

Michael Foster Net Worth




The estimated Net Worth of Michael J Foster is at least $1.94 Million dollars as of 14 May 2024. Mr. Foster owns over 10,000 units of Sabra Healthcare REIT Inc stock worth over $1,146,139 and over the last 14 years he sold SBRA stock worth over $563,140. In addition, he makes $226,993 as Lead Independent Director at Sabra Healthcare REIT Inc.

Mr. Foster SBRA stock SEC Form 4 insiders trading

Michael has made over 9 trades of the Sabra Healthcare REIT Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of SBRA stock worth $146,800 on 14 May 2024.

The largest trade he's ever made was selling 15,000 units of Sabra Healthcare REIT Inc stock on 14 August 2019 worth over $311,700. On average, Michael trades about 660 units every 45 days since 2010. As of 14 May 2024 he still owns at least 63,923 units of Sabra Healthcare REIT Inc stock.

You can see the complete history of Mr. Foster stock trades at the bottom of the page.





Michael Foster biography

Michael J. Foster J.D. serves as Lead Independent Director of the Company. He has served on our Board of Directors since November 2010. He served as a member of the predecessor Sun Healthcare Group, Inc.’s (“Old Sun”) board of directors from 2005 until our 2010 separation from Old Sun (the “Separation”) and as a member of Sun Healthcare Group, Inc.’s (“Sun”) board of directors from the Separation until Sun’s acquisition by Genesis HealthCare LLC in December 2012. Mr. Foster is a managing director of RFE Management Corp. of New Canaan, Connecticut, where he has been employed since 1989. RFE Management Corp. is the investment manager for RFE Investment Partners VII L.P., RFE Investment Partners VIII, L.P. and RFE Investment Partners IX L.P. (collectively referred to as “RFE”) and other private equity investment funds. Mr. Foster was a director of several publicly held healthcare companies more than five years ago, including Res-Care, Inc. (“Res-Care”), a formerly publicly held provider of residential training and support services for persons with developmental disabilities and certain vocational training services, from 2001 to 2005. Mr. Foster is also, and has been previously, a director of several privately held portfolio companies of RFE, including Peak Medical Corporation, an operator of long-term care inpatient centers, from 1998 to 2005.

What is the salary of Michael Foster?

As the Lead Independent Director of Sabra Healthcare REIT Inc, the total compensation of Michael Foster at Sabra Healthcare REIT Inc is $226,993. There are 7 executives at Sabra Healthcare REIT Inc getting paid more, with Richard Matros having the highest compensation of $5,743,970.



How old is Michael Foster?

Michael Foster is 66, he's been the Lead Independent Director of Sabra Healthcare REIT Inc since 2010. There are 3 older and 11 younger executives at Sabra Healthcare REIT Inc. The oldest executive at Sabra Healthcare REIT Inc is Milton Walters, 77, who is the Independent Director.

What's Michael Foster's mailing address?

Michael's mailing address filed with the SEC is C/O SABRA HEALTH CARE REIT, INC., 1781 FLIGHT WAY, TUSTIN, CA, 92782.

Insiders trading at Sabra Healthcare REIT Inc

Over the last 14 years, insiders at Sabra Healthcare REIT Inc have traded over $6,480,964 worth of Sabra Healthcare REIT Inc stock and bought 105,096 units worth $1,723,910 . The most active insiders traders include Richard K Matros, Raymond J Lewis, and Harold W. Jr. Andrews. On average, Sabra Healthcare REIT Inc executives and independent directors trade stock every 106 days with the average trade being worth of $356,538. The most recent stock trade was executed by Catherine Cusack on 22 May 2024, trading 7,000 units of SBRA stock currently worth $101,010.



What does Sabra Healthcare REIT Inc do?

sabra health care reit, inc. is a self-administered, self-managed realty company that owns and invests in real estate serving the healthcare industry. sabra, a maryland corporation, generates revenues by leasing properties to local, regional and national tenants and operators throughout the united states.



What does Sabra Healthcare REIT Inc's logo look like?

Sabra Healthcare REIT Inc logo

Complete history of Mr. Foster stock trades at Sabra Healthcare REIT Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 May 2024 Michael J Foster
Director
Sale 10,000 $14.68 $146,800
14 May 2024
63,923
4 Mar 2021 Michael J Foster
Director
Sale 6,000 $17.44 $104,640
4 Mar 2021
39,667
16 Mar 2020 Michael J Foster
Director
Buy 12,875 $7.72 $99,395
16 Mar 2020
42,461
14 Aug 2019 Michael J Foster
Director
Sale 15,000 $20.78 $311,700
14 Aug 2019
38,524
8 Dec 2015 Michael J Foster
Director
Buy 5,000 $19.86 $99,300
8 Dec 2015
23,377
9 Jun 2015 Michael J Foster
Director
Buy 5,074 $25.29 $128,321
9 Jun 2015
18,377
14 Aug 2013 Michael J Foster
Director
Buy 4,000 $24.93 $99,720
14 Aug 2013
4,000
9 Nov 2011 Michael J Foster
Director
Buy 5,000 $10.99 $54,950
9 Nov 2011
36,835
9 Aug 2011 Michael J Foster
Director
Buy 5,000 $10.64 $53,200
9 Aug 2011
31,669


Sabra Healthcare REIT Inc executives and stock owners

Sabra Healthcare REIT Inc executives and other stock owners filed with the SEC include: