Adams Robert G - Sep 19, 2025 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Director
Signature
/s/ Robert Adams
Stock symbol
NHC
Transactions as of
Sep 19, 2025
Transactions value $
$322,380
Form type
4
Date filed
9/23/2025, 04:30 PM
Previous filing
May 9, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ADAMS ROBERT G Director 100 VINE STREET, MURFREESBORO /s/ Robert Adams 2025-09-22 0001012855

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Shares of Common Stock - Trust I Options Exercise $322K +4.5K +49.56% $71.64 13.6K Sep 19, 2025 Trustee F1
holding NHC Shares of Common Stock - Partnership 430K Sep 19, 2025 General Partner

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 NHC Option to Purchase Common Stock [2021 Grant] Options Exercise $0 -4.5K -100% $0.00 0 Sep 19, 2025 Common Stock 4.5K $71.64 Direct F1
holding NHC Option to Purchase Common Stock [2022 Grant] 7.5K Sep 19, 2025 Common Stock 7.5K $69.19 Direct
holding NHC Option to Purchase Common Stock [2023 Grant] 7.5K Sep 19, 2025 Common Stock 7.5K $55.75 Direct
holding NHC Option to Purchase Common Stock [2024 Grant] 7.5K Sep 19, 2025 Common Stock 7.5K $96.03 Direct
holding NHC Option to Purchase Common Stock [2025 Grant] 7.5K Sep 19, 2025 Common Stock 7.5K $94.66 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options were granted pursuant to the 2020 Omnibus Equity Incentive Plan on May 6, 2021. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).