Form 4: National Health Investors SVP/Chief Accounting Officer David L. Travis Reports Stock Option Exercise and Share Disposal
SEC Form 4 Filing
David L. Travis, SVP/Chief Accounting Officer of National Health Investors, exercised stock options and disposed of shares to cover the exercise price and taxes on September 18, 2024.
Summary
- On September 18, 2024, David L. Travis, the SVP/Chief Accounting Officer of National Health Investors Inc. (NHI), exercised stock options.
- He acquired 11,668 shares of common stock at a price of $69.20 per share through the exercise of stock options.
- Additionally, he acquired 332 shares of common stock at $69.20 per share.
- Travis disposed of 10,406 shares at $85.15 per share to cover the exercise price and taxes associated with the option exercise.
- Following these transactions, Travis directly owns 16,055 shares of NHI common stock.
- He also holds various stock options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock option exercises and share disposals, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the exercise of existing stock options and a small change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/25/2021 | Date of grant for some of the stock options exercised. |
| 09/18/2024 | Date of the stock option exercise and share disposal. |
| 09/20/2024 | Date of signature on the Form 4 filing. |
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