Form 4: National Health Investors Director Exercises Stock Options and Disposes of Shares
SEC Form 4
Director Robert A. McCabe Jr. exercised stock options and disposed of shares of National Health Investors Inc. on July 29, 2024.
Summary
- On July 29, 2024, Robert A. McCabe Jr., a director of National Health Investors Inc., executed multiple transactions involving the company's stock.
- McCabe exercised stock options to acquire 25,000 shares at $53.41, 10,000 shares at $54.73, and 10,000 shares at $57.76.
- Following these acquisitions, McCabe disposed of 32,711 shares at $75.21.
- After these transactions, McCabe directly owns 33,874 shares of common stock.
- McCabe also continues to hold options to purchase 25,000 shares at $90.79 (expiring 02/21/2025) and 25,000 shares at $69.2 (expiring 02/25/2026).
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions. The exercising of options and subsequent sale could be interpreted in various ways, but without further context, it's difficult to assign a strong positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/21/2020 | Date of Stock Options (Right to Buy) with exercise price of $90.79 |
| 02/25/2021 | Date of Stock Options (Right to Buy) with exercise price of $69.2 |
| 02/25/2022 | Date of Stock Options (Right to Buy) with exercise price of $53.41 |
| 02/24/2023 | Date of Stock Options (Right to Buy) with exercise price of $54.73 |
| 02/23/2024 | Date of Stock Options (Right to Buy) with exercise price of $57.76 |
| 07/29/2024 | Date of transaction: exercise of stock options and disposal of shares |
| 07/31/2024 | Date of signature for the Form 4 filing |
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