Form 4: National Healthcare Corp Executive Reports Stock Gift

Sentiment:

SEC Form 4 Filing


National Healthcare Corp's President and COO, Robert Michael Ussery, reported a gift of 40 shares of common stock.

Summary

  • Robert Michael Ussery, President and COO of National Healthcare Corp, reported a transaction involving the company's stock.
  • On December 6, 2024, Ussery received 40 shares of common stock as a gift.
  • Following this transaction, Ussery directly owns 154,232 shares of common stock.
  • Ussery also holds options to purchase 4,234 shares at $63.96, exercisable from February 18, 2023, to February 18, 2027.
  • Additionally, he holds options for 9,000 shares at $53.94, exercisable from March 8, 2024, to March 8, 2028, and 13,500 shares at $94.1, exercisable from March 5, 2025, to March 5, 2029.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies.

Comparison to Industry Standards

  • Executive stock ownership and option grants are standard practice in publicly traded companies like National Healthcare Corp.
  • The reporting of these transactions via Form 4 is a regulatory requirement to ensure transparency and prevent insider trading.
  • The option exercise prices and dates are typical for executive compensation packages, aligning management interests with shareholder value.

Stakeholder Impact

  • The stock gift and option holdings align the executive's interests with those of shareholders.
  • The disclosure provides transparency to the market regarding executive stock ownership.

Key Dates

DateDescription
02/18/2023Start date for exercisability of options to purchase 4,234 shares at $63.96.
02/18/2027Expiration date for options to purchase 4,234 shares at $63.96.
03/08/2024Start date for exercisability of options to purchase 9,000 shares at $53.94.
03/08/2028Expiration date for options to purchase 9,000 shares at $53.94.
12/06/2024Date of the stock gift transaction.
03/05/2025Start date for exercisability of options to purchase 13,500 shares at $94.1.
03/05/2029Expiration date for options to purchase 13,500 shares at $94.1.
12/10/2024Date of signature on the Form 4.

Keywords

National Healthcare Corp, stock gift, insider trading, executive compensation, stock options, common stock, Form 4, Robert Michael Ussery

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