4/A: NHI CIO Corrects Insider Award to 4,726 Shares

National Health Investors’ Chief Investment Officer Kevin Pascoe amended his Form 4 to correct a March 3, 2026 equity award to 4,726 shares, reducing a prior overstatement by 346 shares and confirming 73,082 shares held directly.

Summary

• Chief Investment Officer Kevin Carlton Pascoe reported an equity award of 4,726 shares of National Health Investors, Inc. (NHI) common stock on 03/03/2026 (transaction code A) at a price of $0.
• The previously reported number of awarded shares was overstated by 346 shares due to an administrative error; this amendment provides the correct figure.
• Following the correction, Pascoe beneficially owns 73,082 NHI shares directly.
• The original Form 4 was filed on 03/05/2026; the amended Form 4/A was signed on 03/30/2026 by attorney-in-fact Kimberly V. Ouimet.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as neutral: a minor administrative correction that improves disclosure accuracy without impacting fundamentals.

Positives

• Clarifies insider ownership with a corrected award of 4,726 shares, improving disclosure accuracy.
• Confirms total direct beneficial ownership of 73,082 shares for the CIO.
• Equity award reported at $0 aligns with customary restricted stock or grant practices, implying no market purchase.

Negatives

• Administrative error previously overstated the award by 346 shares, requiring an amendment.

Future Outlook

No forward-looking statements or guidance provided.

Management Comments

• Due to an administrative error, the number of securities reported as awarded on March 3, 2026 was overstated by 346 shares; this amendment reports the correct number of securities awarded.
• Signed by Kimberly V. Ouimet, by limited power of attorney, on 03/30/2026.

Industry Context

StockSavvy.ai notes that small, administrative Form 4/A corrections of insider awards are common across REITs and typically immaterial to valuation. Equity grants reported at $0 are consistent with standard restricted stock or grant practices in the REIT sector.

Comparison to Industry Standards

• Administrative Form 4/A corrections of minor share counts among REIT peers (e.g., Ventas, Welltower, Omega Healthcare Investors) are routine and historically non–market moving.
• Reporting insider equity awards at $0 is standard for issuer-granted restricted stock across listed REITs and aligns with common compensation structures.
• Absence of a Rule 10b5-1 trading plan designation is typical for grants (as opposed to open-market transactions), consistent with broader REIT practices.

Stakeholder Impact

• Adjusts previously reported insider holdings by 346 shares, confirming 73,082 shares held directly.
• No new derivative securities reported and no operational or strategic changes indicated.

Key Dates

Keywords

National Health Investors, NHI, insider transaction, Form 4/A, Kevin Carlton Pascoe, Chief Investment Officer, restricted stock award, beneficial ownership, equity compensation, REIT