Form 4: National HealthCare Corp Insider Stock Transactions
Statement of Changes in Beneficial Ownership
Ben Anderson Flatt, Senior VP & CIO of National HealthCare Corp, reported significant stock option activity and share acquisitions/dispositions on May 22, 2026.
Summary
- Ben Anderson Flatt, Senior VP & CIO of National HealthCare Corp (NHC), reported transactions on May 22, 2026.
- He acquired 4,000 shares of common stock at a price of $94.10 per share, totaling $376,400.
- Additionally, 2,739 shares were disposed of at a price of $196 per share, totaling $536,844.
- These dispositions were due to shares being withheld by the company to cover exercise price and tax obligations.
- Following these transactions, Flatt beneficially owns 22,636.0547 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. While it involves significant stock transactions, the primary purpose appears to be the exercise of stock options and settlement of tax obligations, rather than a strategic investment or divestment by management.
Positives
- Acquisition of 4,000 common stock shares at a favorable price of $94.10.
- The company is managing tax and exercise price obligations efficiently by withholding shares.
- Ben Anderson Flatt continues to hold a substantial number of shares (22,636.0547) after these transactions.
Negatives
- Disposition of 2,739 shares, although explained as tax/exercise price coverage, represents a reduction in direct holdings.
- The disposition price of $196 per share is significantly higher than the acquisition price of $94.10, indicating a substantial gain for the disposed shares.
Future Outlook
The filing primarily details past transactions and does not contain forward-looking statements or guidance regarding future financial performance or strategic initiatives.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider stock transactions. The activity reported by Ben Anderson Flatt, Senior VP & CIO, provides insight into executive compensation and potential confidence in the company's stock, though the primary driver here appears to be option exercises and tax settlements.
Stakeholder Impact
- Shareholders: The transactions may provide some insight into executive compensation and potential insider confidence, but do not directly indicate a change in company strategy or financial performance.
- Employees: The use of stock options as part of compensation is a common practice that can align employee and shareholder interests.
- Creditors: No direct impact is indicated by this filing.
Next Steps
- Monitor future Form 4 filings for continued insider activity.
- Analyze the company's overall financial health and strategic direction through other SEC filings (e.g., 10-K, 10-Q).
Key Dates
| Date | Description |
|---|---|
| 05/22/2026 | Date of earliest transaction reported |
| 03/05/2025 | Expiration date for stock options granted under the 2020 Omnibus Equity Incentive Plan |
| 02/24/2026 | Expiration date for stock options |
| 02/23/2027 | Expiration date for stock options |
| 03/05/2029 | Expiration date for stock options |
| 02/24/2030 | Expiration date for stock options |
| 02/23/2031 | Expiration date for stock options |
| 05/27/2026 | Date of signature on the filing |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Options, National HealthCare Corp, NHC, Ben Anderson Flatt, Beneficial Ownership, Common Stock, Executive Compensation
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