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NATIONAL HEALTHCARE CORP·4

May 22, 4:07 PM ET

LAROCHE RICHARD F JR 4

Research Summary

AI-generated summary

Updated

National Healthcare (NHC) Director Richard F. LaRoche Jr. Sells 7,500 Shares

What Happened

Richard F. LaRoche Jr., a director of National Healthcare Corp (NHC), sold 7,500 shares in an open-market transaction on May 21, 2026. The shares traded at $195.14 each, generating gross proceeds of approximately $1,463,566. This was a sale (transaction code S), which is often routine insider liquidity rather than a direct signal of company prospects.

Key Details

  • Transaction date: May 21, 2026
  • Transaction type: Open-market sale (S)
  • Shares sold: 7,500 at $195.14 per share
  • Gross proceeds: $1,463,566
  • Shares owned after transaction: Not disclosed in the provided excerpt of the Form 4 (see full filing for post-transaction holdings)
  • Filing: Form 4 filed May 22, 2026 (filed the day after the trade) — appears timely based on standard Form 4 reporting rules
  • No footnotes or special conditions (e.g., 10b5-1 plan, tax-withholding) were provided in the supplied data

Context

  • Sales by directors can be for routine diversification or personal needs and do not, by themselves, prove a change in company fundamentals.
  • This report concerns a director, not a 10% owner or insider exercising derivatives; no options exercise or gift was reported.
  • For full details (post-transaction holdings, any footnotes, and confirmations), consult the complete Form 4 filing (Accession 0001437749-26-018248).