Stephen Fowler Flatt - 11 Nov 2025 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Signature
/s/ Stephen Flatt
Issuer symbol
NHC
Transactions as of
11 Nov 2025
Net transactions value
-$45,556
Form type
4
Filing time
13 Nov 2025, 16:23:35 UTC
Previous filing
26 Aug 2025
Next filing
25 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Flatt Stephen Fowler CEO, Director 100 VINE STREET, MURFREESBORO /s/ Stephen Flatt 13 Nov 2025 0001330766

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Common Stock Options Exercise $282,300 +3,000 +5% $94.10 62,610 11 Nov 2025 Direct F1
transaction NHC Common Stock Tax liability $327,856 -2,480 -4% $132.20 60,130 11 Nov 2025 Direct F2, F3

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 Options Exercise $0 -3,000 -23% $0.000000 10,000 11 Nov 2025 Common Stock 13,000 $94.10 Direct F1
holding NHC Option to Purchase Common Stock 8,000 11 Nov 2025 Common Stock 8,000 $53.94 Direct
holding NHC Option to Purchase Common Stock 18,000 11 Nov 2025 Common Stock 18,000 $90.62 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 March 5, 2024. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
F2 Shares were withheld by the Company to pay the exercise price and withholding tax obligations.
F3 Total amount of shares beneficially owned following transactions reported on this form.