Form 4: National Healthcare Corp Executive Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Josh A. McCreary, Senior VP & General Counsel of National Healthcare Corp, reports a transaction involving common stock due to vested restricted stock and shares withheld for tax obligations.

Summary

  • On January 1, 2025, Josh A. McCreary, Senior VP & General Counsel of National Healthcare Corp, reported a transaction involving the company's common stock.
  • The transaction involved the vesting of 1,338 shares of restricted stock originally granted on February 25, 2022, March 8, 2023, and March 5, 2024.
  • National Healthcare Corp withheld 571 shares at a price of $107.56 to cover tax obligations related to the vesting.
  • Following the transaction, McCreary directly owns 6,139 shares of common stock.
  • McCreary also holds options to purchase 3,734 shares (exercisable 02/18/2023, expires 02/18/2027), 8,000 shares (exercisable 03/08/2024, expires 03/08/2028), and 12,000 shares (exercisable 03/05/2025, expires 03/05/2029).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and doesn't inherently convey positive or negative sentiment. It simply reports a transaction.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects changes in insider ownership.
  • The transaction has a minor impact on employees as it reflects changes in executive compensation.

Key Dates

DateDescription
02/25/2022Original grant date of restricted stock (partially vested on 01/01/2025)
02/18/2023Option to Purchase Common Stock exercisable
03/08/2023Original grant date of restricted stock (partially vested on 01/01/2025)
03/05/2024Original grant date of restricted stock (partially vested on 01/01/2025)
03/08/2024Option to Purchase Common Stock exercisable
01/01/2025Date of stock transaction (vesting of restricted stock and shares withheld for taxes)
03/05/2025Option to Purchase Common Stock exercisable
02/18/2027Option to Purchase Common Stock expiration date
03/08/2028Option to Purchase Common Stock expiration date
03/05/2029Option to Purchase Common Stock expiration date

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