NHC executive corrects Form 4 tax withholding
National Healthcare Corp Senior VP & CIO Ben Anderson Flatt Sr filed an amended insider report to correct a prior disclosure about shares withheld for taxes and exercise costs.
Rhea-AI Filing Summary
National Healthcare Corp Senior VP & CIO Ben Anderson Flatt Sr filed an amended insider report to correct a prior disclosure about shares withheld for taxes and exercise costs. The company withheld 2,109 shares of common stock at $176.81 per share to cover these obligations.
After this tax-withholding disposition, he directly holds 21,175.0547 shares of common stock. He also retains option awards covering 31,000 underlying shares at exercise prices of $94.10, $90.62, and $157.13, with expirations between 2029 and 2031.
Positive
- None.
Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 2,109 shares
Exercise Price or Tax Liability
4 txns
Insider
FLATT BEN ANDERSON SR
Role
Senior VP & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,109 | $176.81 | $373K |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,175.0547 shares (Direct);
Option to Purchase Common Stock — 31,000 contracts (Direct)
Footnotes (2)
- F1. On April 13, 2026, the reporting person filed a Form 4 mistakenly reporting the number of shares withheld by the Company to pay the exercise price and withholding tax obligations. The total shares that were withheld by the Company to pay the exercise price and withholding tax obligations are reflected correctly on this amended Form 4.
- F2. Total amount of shares beneficially owned following transactions reported on this form.
Key Figures
Tax-withheld shares: 2,109 shares at $176.81
Shares owned after transaction: 21,175.0547 shares
Option grant 1: 8,000 shares at $94.10
+2 more
5 metrics
Tax-withheld shares
2,109 shares at $176.81
Common stock withheld for exercise price and taxes on 2026-04-09
Shares owned after transaction
21,175.0547 shares
Common stock beneficially owned following reported transactions
Option grant 1
8,000 shares at $94.10
Option to purchase common stock, expires 2029-03-05
Option grant 2
9,000 shares at $90.62
Option to purchase common stock, expires 2030-02-24
Option grant 3
14,000 shares at $157.13
Option to purchase common stock, expires 2031-02-23
Key Terms
tax-withholding disposition, Option to Purchase Common Stock, beneficially owned, exercise price
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Option to Purchase Common Stock financial
"security_title: "Option to Purchase Common Stock""
beneficially owned financial
"Total amount of shares beneficially owned following transactions"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
exercise price financial
"pay the exercise price and withholding tax obligations"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NHC Senior VP Ben Anderson Flatt report in this amended Form 4?
He reported a corrected number of NHC shares withheld to cover option exercise price and tax obligations. The company withheld 2,109 shares at $176.81 each, and this amended filing updates the previously misstated withholding amount.
Is Ben Anderson Flatt’s NHC Form 4 a stock sale or tax withholding event?
The filing shows a tax-withholding disposition, not an open-market sale. 2,109 common shares were withheld by the company to pay the option exercise price and related tax liabilities, according to the transaction code and description.
What NHC stock options does Ben Anderson Flatt still hold after this Form 4/A?
He retains options to purchase NHC common stock covering 8,000 shares at $94.10, 9,000 shares at $90.62, and 14,000 shares at $157.13. These options expire between 2029 and 2031, as disclosed in the filing.
Why was this NHC Form 4 amended for Ben Anderson Flatt?
The footnote explains a prior Form 4 mistakenly reported the number of shares withheld for exercise price and tax obligations. This amended Form 4 now reflects the correct 2,109 shares withheld by the company for those purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
