John L. Spaid - 23 Feb 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
23 Feb 2026
Net transactions value
-$98,556
Form type
4
Filing time
25 Feb 2026, 18:06:12 UTC
Previous filing
20 Jan 2026
Next filing
05 Mar 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 25 Feb 2026 0001667637

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHI Common Stock Options Exercise $490,960 +8,500 +17% $57.76 57,182 23 Feb 2026 Direct
transaction NHI Common Stock Tax liability $568,269 -6,312 -11% $90.03 50,870 23 Feb 2026 Direct
transaction NHI Common Stock Tax liability $21,247 -236 -0.46% $90.03 50,634 23 Feb 2026 Direct F1

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) 2024 Options Exercise $0 -8,500 -100% $0.000000 0 23 Feb 2026 Common Stock 8,500 $57.76 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the disposition of 236 restricted shares upon vesting on February 23, 2026 for the settlement of taxes.