Form 4: National Healthcare Corp Executive Ben Anderson Flatt, Sr. Reports Stock Transaction
SEC Form 4 Filing
Senior VP & CIO of National Healthcare Corp, Ben Anderson Flatt, Sr., reports disposition of shares to cover tax obligations following vesting of restricted stock.
Summary
- On January 1, 2025, Ben Anderson Flatt, Sr., Senior VP & CIO of National Healthcare Corp, reported a transaction involving common stock.
- The transaction involved the disposition of 510 shares to cover tax obligations related to the vesting of restricted stock.
- These shares were withheld by the company at a price of $107.56 per share.
- Following the transaction, Flatt directly owns 11,580.1586 shares of National Healthcare Corp.
- Flatt also holds options to purchase 3,734 shares at $63.96, expiring on February 18, 2027, 7,467 shares at $53.94, expiring on March 8, 2028, and 12,000 shares at $94.1, expiring on March 5, 2029.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the executive is managing their equity compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Date of original grant of restricted stock (1/3 vested on 01/01/2025) |
| 02/18/2023 | Date of option grant with expiry date 02/18/2027 |
| 03/08/2023 | Date of original grant of restricted stock (1/3 vested on 01/01/2025) |
| 03/05/2024 | Date of original grant of restricted stock (1/3 vested on 01/01/2025) |
| 03/08/2024 | Date of option grant with expiry date 03/08/2028 |
| 01/01/2025 | Date of transaction: Disposition of shares to cover tax obligations from vesting of restricted stock. |
| 03/05/2025 | Date of option grant with expiry date 03/05/2029 |
| 02/18/2027 | Expiration date of option to purchase common stock at $63.96 |
| 03/08/2028 | Expiration date of option to purchase common stock at $53.94 |
| 03/05/2029 | Expiration date of option to purchase common stock at $94.1 |
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