Form 4: National Health Investors Director Exercises Stock Options and Disposes of Shares
SEC Form 4
Director Tracy M J Colden exercised stock options and disposed of shares of National Health Investors Inc. on August 16, 2024.
Summary
- On August 16, 2024, Tracy M J Colden, a director of National Health Investors Inc. (NHI), exercised stock options to acquire 45,000 shares of common stock.
- The options were exercised at prices of $59.43, $57.76, and $54.73 per share.
- Following the exercise, 35,143 shares were disposed of at $74.29 per share to cover the exercise price.
- After these transactions, Colden beneficially owns 9,857 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: The sentiment is neutral as it reflects a standard insider transaction with no explicit 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.
Key Dates
| Date | Description |
|---|---|
| 06/01/2022 | Date of grant for some of the stock options exercised. |
| 02/23/2023 | Date of grant for some of the stock options exercised. |
| 02/24/2023 | Date of grant for some of the stock options exercised. |
| 02/23/2024 | Date of grant for some of the stock options exercised. |
| 08/16/2024 | Date of stock option exercise and share disposal. |
| 08/20/2024 | Date of signature on the Form 4 filing. |
| 02/24/2028 | Expiration date for some of the stock options. |
| 02/23/2029 | Expiration date for some of the stock options. |
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