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

Signature
/s/ Stephen Flatt
Stock symbol
NHC
Transactions as of
Nov 11, 2025
Transactions value $
-$45,556
Form type
4
Date filed
11/13/2025, 04:23 PM
Previous filing
Aug 26, 2025
Next filing
Nov 25, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Flatt Stephen Fowler CEO, Director 100 VINE STREET, MURFREESBORO /s/ Stephen Flatt 2025-11-13 0001330766

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Common Stock Options Exercise $282K +3K +5.03% $94.10 62.6K Nov 11, 2025 Direct F1
transaction NHC Common Stock Tax liability -$328K -2.48K -3.96% $132.20 60.1K Nov 11, 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 -3K -23.08% $0.00 10K Nov 11, 2025 Common Stock 13K $94.10 Direct F1
holding NHC Option to Purchase Common Stock 8K Nov 11, 2025 Common Stock 8K $53.94 Direct
holding NHC Option to Purchase Common Stock 18K Nov 11, 2025 Common Stock 18K $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.