Form 4: National Health Investors CFO Exercises Stock Options and Disposes of Shares to Cover Costs

John L. Spaid, CFO of National Health Investors, exercised stock options and disposed of shares to cover the exercise price and taxes on August 23, 2024.

Summary

• On August 23, 2024, John L. Spaid, the CFO/EVP Finance of National Health Investors Inc. (NHI), exercised stock options.
• The options were granted on February 25, 2021, and February 25, 2022, with an exercise price of $69.2.
• A total of 73,333 shares of common stock were acquired through the exercise of these options.
• Simultaneously, 65,463 shares were disposed of to cover the exercise price and associated taxes at a price of $78.63.
• Following these transactions, Spaid directly owns 25,919.6372 shares of NHI common stock.
• The transactions were completed subsequent to the execution of a Lock-Up Agreement, and the shares received are subject to the provisions of that agreement.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates