John L. Spaid - 16 Jan 2026 Form 4 Insider Report for NATIONAL HEALTH INVESTORS INC (NHI)

Signature
/s/ Kimberly V. Ouimet, by limited power of attorney
Issuer symbol
NHI
Transactions as of
16 Jan 2026
Net transactions value
-$175,024
Form type
4
Filing time
20 Jan 2026, 17:32:16 UTC
Previous filing
07 May 2025
Next filing
25 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spaid John L CFO/EVP Finance 222 ROBERT ROSE DRIVE, MURFREESBORO /s/ Kimberly V. Ouimet, by limited power of attorney 20 Jan 2026 0001667637

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHI Common Stock Options Exercise $465,205 +8,500 +19% $54.73 52,924 16 Jan 2026 Direct
transaction NHI Common Stock Options Exercise $490,960 +8,500 +16% $57.76 61,424 16 Jan 2026 Direct
transaction NHI Common Stock Options Exercise $1,100,100 +15,000 +24% $73.34 76,424 16 Jan 2026 Direct
transaction NHI Common Stock Tax liability $2,231,289 -27,742 -36% $80.43 48,682 16 Jan 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NHI Stock Option (Right to Buy) 2023 Options Exercise $0 -8,500 -100% $0.000000 0 16 Jan 2026 Common Stock 8,500 $54.73 Direct
transaction NHI Stock Option (Right to Buy) 2024 Options Exercise $0 -8,500 -100% $0.000000 0 16 Jan 2026 Common Stock 8,500 $57.76 Direct
transaction NHI Stock Option (Right to Buy) 2025 Options Exercise $0 -15,000 -100% $0.000000 0 16 Jan 2026 Common Stock 15,000 $73.34 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.