ADAMS ROBERT G 4

What Happened

• Robert G. Adams, a director of National Healthcare Corp (NHC), exercised 4,000 stock options on 2026-06-08 at a $69.19 strike price, paying $276,760 to acquire the shares. He then disposed of (gifted) those 4,000 shares the same day. There is no record of an open‑market sale; this was an exercise followed by a gift.

Key Details

• Transaction date: 2026-06-08
• Actions and codes: M = Option exercise (acquired 4,000 shares at $69.19; $276,760); G = Gift (disposed 4,000 shares at $0.00)
• Footnotes: F1 — Options were granted under the 2020 Omnibus Equity Incentive Plan (grant date May 5, 2022); grant and exercise exempt from Section 16(b) under Rule 16b-3(d). F2 — Form notes total beneficial ownership after these transactions (number not provided here).
• Filing timeliness: Filed 2026-06-10 for a 2026-06-08 transaction (appears timely under Form 4 rules).

Context

• For options: Adams paid the exercise price in cash ($69.19 per share) to obtain the shares; the shares were then gifted rather than sold, so this is not a market sale signal. Gifts are transfers for personal or tax/relation reasons and do not necessarily indicate the insider’s view on the company’s stock.