Timothy J. Shelly - Nov 11, 2025 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Sr.VP Operations
Signature
/s/ Timothy J. Shelly
Stock symbol
NHC
Transactions as of
Nov 11, 2025
Transactions value $
-$215,005
Form type
4
Date filed
11/13/2025, 05:25 PM
Previous filing
Feb 26, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shelly Timothy J. Sr.VP Operations 100 VINE STREET, MURFREESBORO /s/ Timothy J. Shelly 2025-11-13 0002031428

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Common Stock Options Exercise $154K +2.4K $63.96 2.4K Nov 11, 2025 Direct F1
transaction NHC Common Stock Tax liability -$219K -1.66K -68.96% $132.20 745 Nov 11, 2025 Direct F3
transaction NHC Common Stock Options Exercise $259K +4.8K +644.3% $53.94 5.55K Nov 11, 2025 Direct F2
transaction NHC Common Stock Tax liability -$409K -3.09K -55.74% $132.20 2.45K Nov 11, 2025 Direct 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 -2.4K -100% $0.00 0 Nov 11, 2025 Common Stock 2.4K $63.96 Direct F1
transaction NHC Option to Purchase Common Stock Options Exercise $0 -4.8K -66.67% $0.00 2.4K Nov 11, 2025 Common Stock 7.2K $53.94 Direct F2
holding NHC Option to Purchase Common Stock 8K Nov 11, 2025 Common Stock 8K $94.10 Direct
holding NHC Option to Purchase Common Stock 11K Nov 11, 2025 Common Stock 11K $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 February 18, 2022. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
F2 These stock options were granted pursuant to the 2020 Omnibus Equity Incentive Plan on March 8, 2023. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
F3 Shares were withheld by the Company to pay the exercise price and withholding tax obligations.