LAROCHE RICHARD F JR 4

What Happened

• Richard F. LaRoche Jr., a director of National Healthcare Corp (NHC), exercised stock options on 2026-05-05 to acquire 7,500 common shares at an exercise price of $71.64 per share, for a total cash outlay of $537,300. The filing also reports a contemporaneous derivative disposition of 7,500 shares at $0.00 (no cash proceeds reported).

Key Details

• Transaction date: 2026-05-05; Filing date: 2026-05-06 (appears timely).
• Acquired: 7,500 shares via option exercise at $71.64/share (total $537,300).
• Disposed: 7,500 derivative shares at $0.00 (no cash proceeds shown).
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnote: The options were granted under the 2020 Omnibus Equity Incentive Plan on May 6, 2021; the grant and exercise are reported as exempt from Section 16(b) under Rule 16b-3(d).

Context

• This filing documents an options exercise (insider acquisition of shares). The report does not show an open-market sale of the shares for cash. The $0.00 derivative disposition is reported in the Form 4 but the filing does not specify whether shares were surrendered or withheld to satisfy exercise costs or tax obligations.