4/A: NHC Director Corrects Option Grant Disclosure
Amendment to Statement of Changes in Beneficial Ownership
National HealthCare Corp director William A. Adams filed an amendment to correct the exercise price of a previously reported stock option grant.
Summary
- Director William A. Adams filed an amendment (Form 4/A) to correct the exercise price of a stock option grant originally reported on May 7, 2026.
- The original filing incorrectly listed the exercise price as $0.00.
- The corrected exercise price is $171.42, reflecting the closing price of National HealthCare Corp common stock on the grant date of May 7, 2026.
- The grant consists of 7,500 options with an expiration date of May 6, 2030.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative event, as it is merely a correction of a clerical error in a previous filing.
Positives
- The filing demonstrates transparency and regulatory compliance by proactively correcting a clerical error in a previous disclosure.
Negatives
- The initial filing contained an administrative error regarding the exercise price of the option grant.
Risks
- None identified; this is a routine administrative correction.
Future Outlook
No forward-looking guidance provided in this administrative filing.
Management Comments
- The previous Form 4 price of the option was not entered correctly; it was originally entered at $0.00. The price is the closing as of 5/7/2026 ($171.42) and this is corrected on this Form 4/A.
Industry Context
StockSavvy.ai notes that administrative amendments to insider filings are common and generally do not reflect underlying operational or financial shifts within the healthcare services sector.
Comparison to Industry Standards
- The disclosure of director equity compensation aligns with standard SEC reporting requirements for publicly traded healthcare companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine administrative correction.
Next Steps
- No further actions required.
Key Dates
| Date | Description |
|---|---|
| 05/07/2026 | Date of the original transaction and grant of options. |
| 05/08/2026 | Date of the filing of the amendment. |
| 05/06/2030 | Expiration date of the granted options. |
Keywords
National HealthCare Corp, NHC, Form 4/A, Director Compensation, Stock Options, Insider Trading
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