Form 4: National Health Investors Director Jobe James R. Exercises Stock Options and Disposes of Shares
SEC Form 4
Director Jobe James R. exercised stock options and disposed of shares of National Health Investors Inc. on August 23, 2024.
Summary
- On August 23, 2024, James R. Jobe, a director of National Health Investors Inc. (NHI), executed transactions involving the company's stock.
- Jobe exercised stock options to acquire a total of 45,000 shares of common stock at prices of $53.41, $54.73, and $57.76.
- These options were granted on February 25, 2022, February 24, 2023, and February 23, 2024.
- Simultaneously, Jobe disposed of 31,289 shares at a price of $78.63 to cover the exercise price of the options.
- Following these transactions, Jobe beneficially owns 28,690 shares of NHI common stock jointly with his spouse.
- Jobe also holds options to purchase 25,000 shares granted on February 25, 2021, and 25,000 shares granted on February 21, 2020.
Sentiment
Score: 5
Explanation: This is a neutral report of stock option exercises and share disposals by a company director. It doesn't inherently indicate positive or negative sentiment.
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 regarding their holdings of company stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 02/21/2020 | Grant date of stock options (Right to Buy) with an exercise price of $90.79, expiring on 02/21/2025. |
| 02/25/2021 | Grant date of stock options (Right to Buy) with an exercise price of $69.2, expiring on 02/25/2026. |
| 02/25/2022 | Grant date of stock options (Right to buy) with an exercise price of $53.41, expiring on 02/25/2027. |
| 02/24/2023 | Grant date of stock options (Right to Buy) with an exercise price of $54.73, expiring on 02/24/2028. |
| 02/23/2024 | Grant date of stock options (Right to Buy) with an exercise price of $57.76, expiring on 02/23/2029. |
| 08/23/2024 | Date of transaction: Exercise of stock options and disposal of shares. |
| 08/27/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.