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 transactions involving stock options and common stock.
Summary
- Ben Anderson Flatt, Senior VP & CIO of National HealthCare Corp (NHC), reported transactions on April 9, 2026.
- He acquired 3,734 shares of common stock at a price of $53.94 per share, totaling $201,300.36.
- Additionally, 1,909 shares were disposed of at a price of $176.81 per share, with these shares being withheld by the company to cover exercise price and tax obligations.
- Following these transactions, Flatt beneficially owns 23,284.0547 shares directly.
- The filing also details several stock options held by Flatt, with exercise prices ranging from $53.94 to $157.13 and expiration dates between 2028 and 2031.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider stock transactions and option exercises rather than significant strategic or financial performance updates.
Positives
- Acquisition of 3,734 shares of common stock at a favorable price of $53.94.
- The company facilitated the exercise of stock options, indicating potential value realization for the executive.
- Flatt continues to hold a significant number of shares and vested options, suggesting ongoing commitment and potential future gains.
Negatives
- Disposal of 1,909 shares at a higher price ($176.81) than the acquisition price of other shares, though this was to cover exercise and tax obligations.
- The exercise price of some options is significantly lower than the disposal price of other shares, which could represent a missed opportunity if those options were exercised earlier.
Risks
- The value of the remaining stock options is subject to market fluctuations and the future performance of National HealthCare Corp.
- Potential for future tax liabilities related to the exercise of stock options.
Future Outlook
The filing details several stock options with future expiration dates, indicating potential for future share acquisitions and value realization, contingent on company performance and market conditions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard for tracking insider transactions in the healthcare sector, providing transparency into executive stock dealings. National HealthCare Corp's filing reflects typical executive compensation structures involving stock options.
Stakeholder Impact
- Shareholders: The transactions provide insight into executive compensation and potential dilution if options are exercised.
- Employees: May be influenced by executive compensation practices and company stock performance.
- Creditors: Unlikely to be directly impacted by this specific filing.
Next Steps
- Monitoring future stock option exercises and share transactions by Ben Anderson Flatt.
- Observing the performance of National HealthCare Corp to assess the value of remaining stock options.
Key Dates
| Date | Description |
|---|---|
| 03/08/2023 | Date stock options were granted pursuant to the 2020 Omnibus Equity Incentive Plan. |
| 03/08/2024 | Expiration date for a tranche of stock options. |
| 02/24/2026 | Expiration date for a tranche of stock options. |
| 03/05/2025 | Expiration date for a tranche of stock options. |
| 02/23/2027 | Expiration date for a tranche of stock options. |
| 04/09/2026 | Date of reported transactions (acquisition and disposal of common stock). |
| 04/13/2026 | Date of signature on the filing. |
Keywords
Form 4, SEC Filing, National HealthCare Corp, NHC, Insider Trading, Stock Options, Beneficial Ownership, Ben Anderson Flatt, CIO, Executive Compensation
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