ADAMS ROBERT G 4

What Happened

• Robert G. Adams, a director of National Healthcare Corp (NHC), was granted 7,500 stock options on May 7, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 (no cash paid reported at grant).

Key Details

• Transaction date: 2026-05-07
• Transaction type: Award/Grant of derivative securities (code A)
• Amount: 7,500 stock options; reported acquisition price $0.00 and reported value $0
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: Options granted under the 2020 Omnibus Equity Incentive Plan; grant and exercise are exempt from Section 16(b) under Rule 16b-3(d)
• Timeliness: Reported on the same date as the transaction (no late filing indicated)

Context

• This was an option grant (a compensation award for a director), not an immediate purchase of common stock. Options give the holder the right to buy shares later under plan terms; the filing does not indicate exercise or any immediate sale. Such grants are common for director compensation and are typically routine rather than a direct buy/sell signal.