Form 4: National Healthcare Corp Executive Brian Kidd Reports Stock Transaction
SEC Form 4 Filing
Brian Kidd, SVP, Controller, and PAO of National Healthcare Corp, reports the withholding of 512 shares to cover tax obligations after restricted stock vested on January 1, 2025.
Summary
- On January 1, 2025, Brian Kidd, SVP, Controller, and PAO of National Healthcare Corp, reported a transaction involving the withholding of 512 common stock shares.
- The shares were withheld to cover tax obligations related to the vesting of restricted stock.
- The vesting occurred for shares originally granted on February 25, 2022, March 8, 2023, and March 5, 2024.
- The price per share for the transaction is $107.56.
- Following the transaction, Kidd directly owns 21,235 shares of National Healthcare Corp common stock.
- Kidd also holds options to purchase 3,734 shares at $63.96 (expiring 02/18/2027), 8,000 shares at $53.94 (expiring 03/08/2028), and 12,000 shares at $94.1 (expiring 03/05/2029).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey 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 executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
- It provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/25/2022 | Date of original grant of restricted stock that vested on 01/01/2025. |
| 03/08/2023 | Date of original grant of restricted stock that vested on 01/01/2025. |
| 03/05/2024 | Date of original grant of restricted stock that vested on 01/01/2025. |
| 01/01/2025 | Date of transaction: Restricted stock vested, and shares were withheld for tax obligations. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
| 02/18/2027 | Expiration date of option to purchase 3,734 shares at $63.96. |
| 03/08/2028 | Expiration date of option to purchase 8,000 shares at $53.94. |
| 03/05/2029 | Expiration date of option to purchase 12,000 shares at $94.1. |
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