Form 4: National Healthcare Corp Executive Sells Shares
SEC Form 4
Timothy J. Shelly, Sr. VP Operations at National Healthcare Corp, sold 614 shares of common stock at a price of $121.44 on December 13, 2024.
Summary
- On December 13, 2024, Timothy J. Shelly, Sr. VP Operations at National Healthcare Corp (NHC), sold 614 shares of common stock.
- The sale was executed at a price of $121.44 per share.
- Following the transaction, Mr. Shelly still directly owns options to purchase 2,400 shares at $63.96 expiring on 02/18/2027, 7,200 shares at $53.94 expiring on 03/08/2028 and 8,000 shares at $94.1 expiring on 03/05/2029.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 02/18/2023 | Date exercisable for options to purchase common stock at $63.96 |
| 02/18/2027 | Expiration date for options to purchase common stock at $63.96 |
| 03/08/2024 | Date exercisable for options to purchase common stock at $53.94 |
| 03/08/2028 | Expiration date for options to purchase common stock at $53.94 |
| 03/05/2025 | Date exercisable for options to purchase common stock at $94.1 |
| 03/05/2029 | Expiration date for options to purchase common stock at $94.1 |
| 12/13/2024 | Date of transaction: Timothy J. Shelly sold 614 shares of NHC common stock |
| 01/06/2025 | Date of signature for the Form 4 filing |
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