Form 4: National Health Investors Director Acquires Stock Options and Transfers Shares to Trust
SEC Form 4 Filing
Director Charlotte A. Swafford acquired 10,000 stock options and transferred 100,185 shares to a trust, according to a recent SEC filing.
Summary
- On February 23, 2024, Charlotte A. Swafford, a director of National Health Investors Inc. (NHI), acquired 10,000 stock options with an exercise price of $57.76, expiring on February 23, 2029.
- The director also reported a change in the form of beneficial ownership, transferring 100,185 shares of common stock from a partnership to a trust.
- Swafford continues to hold previously granted stock options from 2021, 2022 and 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions by a company director. There is no indication of positive or negative implications for 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 directors.
Stakeholder Impact
- The transfer of shares to a trust may have implications for estate planning purposes for the director.
- The acquisition of stock options aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/25/2021 | Director holds stock options (Right to Buy) with an exercise price of $69.2 expiring on 02/25/2026 for 25,000 shares of common stock. |
| 02/25/2022 | Director holds stock options (Right to Buy) with an exercise price of $53.41 expiring on 02/25/2027 for 25,000 shares of common stock. |
| 02/24/2023 | Director holds stock options (Right to Buy) with an exercise price of $54.73 expiring on 02/24/2028 for 10,000 shares of common stock. |
| 02/23/2024 | Director acquired 10,000 stock options (Right to Buy) with an exercise price of $57.76 expiring on 02/23/2029. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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