Form 4: National Health Investors Inc. Executive Kevin Carlton Pascoe Exercises Stock Options

Kevin Carlton Pascoe, Chief Investment Officer of National Health Investors Inc., exercised stock options on August 23, 2024, resulting in the acquisition and disposition of common stock.

Summary

• On August 23, 2024, Kevin Carlton Pascoe, the Chief Investment Officer of National Health Investors Inc. (NHI), exercised stock options.
• This transaction involved the acquisition of common stock through the exercise of options granted on various dates (2/25/21, 2/25/22, 2/24/23, and 2/23/24).
• The exercise prices for these options ranged from $53.41 to $69.2 per share.
• A total of 101,230 shares were withheld by the company to cover the exercise price and taxes.
• Following these transactions, Pascoe directly owns 55,830 shares of NHI common stock.
• The shares received are subject to a Lock-Up Agreement.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The exercise of options is neither particularly positive nor negative on its own.

Positives

• The exercise of stock options demonstrates the executive's confidence in the company's future prospects.

Risks

• The Lock-Up Agreement may restrict the executive's ability to sell the acquired shares.

Industry Context

Executive stock option exercises are a common occurrence in publicly traded companies and are often seen as a way to align management's interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it changes the ownership structure slightly.

Key Dates