NHC Senior VP & CIO Ben Flatt Sells 7,000 Shares

What Happened

• Ben Flatt (Senior Vice President & CIO of National Healthcare Corp, NHC) sold a total of 7,000 shares in a series of open-market dispositions in August 2026. Each transaction was 1,000 shares; individual sale prices ranged from $221.21 to $237.18, and the combined proceeds were about $1,593,000. These were sales (not purchases or option exercises), which are often routine portfolio transactions rather than a direct bullish signal.

Key Details

• Transaction dates and prices:
  • 2026-08-12: 1,000 sh @ $221.21 = $221,210
  • 2026-08-14: 1,000 sh @ $222.11 = $222,110
  • 2026-08-17: 1,000 sh @ $226.00 = $226,000
  • 2026-08-19: 1,000 sh @ $237.18 = $237,180
  • 2026-08-20: 1,000 sh @ $237.00 = $237,000
  • 2026-08-25: 1,000 sh @ $227.00 = $227,000
  • 2026-08-28: 1,000 sh @ $222.50 = $222,500
• Total sold: 7,000 shares for approximately $1,593,000.
• Shares owned after transaction: See footnote F1 in the Form 4 — the provided summary does not specify the exact post-transaction beneficial ownership number.
• Footnotes: F1 in the filing refers to the total amount of shares beneficially owned following the reported transactions.
• Filing date and timeliness: Form filed 2026-09-02 reporting trades from 2026-08-12 to 2026-08-28. Form 4s are typically due within two business days of a transaction; this filing was submitted after that window. Check the full filing for any late-filing disclosures or explanations.

Context

• Sales by insiders can reflect many reasons (diversification, tax planning, planned sale programs) and do not by themselves indicate negative views on the company. For retail investors, purchases are generally more informative about insider confidence; nonetheless, track insider activity over time and check total holdings (footnote F1) and any 10b5-1 plan disclosures in the full filing for additional context.