Form 4: National Health Investors CFO Settles Taxes with Stock Disposition
SEC Form 4 Filing
John L. Spaid, CFO of National Health Investors, disposed of 230 shares of common stock to cover tax obligations upon vesting.
Summary
- On May 6, 2024, John L. Spaid, the CFO/EVP Finance of National Health Investors Inc. (NHI), disposed of 230 shares of common stock at a price of $64.72 per share.
- This transaction was executed to settle tax obligations related to the vesting of restricted shares.
- Following the transaction, Spaid directly owns 18,049.6372 shares of NHI common stock.
- Spaid also holds various stock options to purchase NHI common stock, with exercise prices ranging from $53.41 to $90.79 and expiration dates in 2025, 2026, 2027, 2028 and 2029.
Sentiment
Score: 5
Explanation: This is a neutral event; it's a routine transaction related to tax obligations and doesn't reflect a change in the company's fundamentals.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily indicate a change in the company's outlook or performance.
Key Dates
| Date | Description |
|---|---|
| 02/21/2020 | Date of some of the stock options (Right to Buy) |
| 02/25/2021 | Date of some of the stock options (Right to Buy) |
| 02/25/2022 | Date of some of the stock options (Right to Buy) |
| 02/24/2023 | Date of some of the stock options (Right to Buy) |
| 02/23/2024 | Date of some of the stock options (Right to Buy) |
| 05/06/2024 | Date of transaction: Disposition of 230 shares for tax settlement. |
| 05/31/2024 | Date of signature on the Form 4 filing. |
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