STOCK TITAN

NATIONAL HEALTH INVESTORS (NHI) officer logs 282-share tax withholding

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NATIONAL HEALTH INVESTORS INC senior vice president and chief accounting officer David L. Travis reported a routine tax-related share disposition. On May 5, 2026, the issuer withheld 282 shares of common stock at $73.09 per share to cover tax obligations from vesting restricted stock. After this withholding, Travis directly held 40,565 common shares, indicating the transaction affected only a small portion of his overall position and did not involve an open-market sale.

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Insider Travis David L
Role SVP/Chief Accounting Officer
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 282 $73.09 $21K
Holdings After Transaction: Common Stock — 40,565 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock on May 5, 2026.
Tax withholding shares 282 shares Shares withheld to satisfy tax obligations on May 5, 2026
Per-share value $73.09 per share Valuation used for withheld shares in the transaction
Post-transaction holdings 40,565 shares Directly held common stock after tax withholding
tax withholding obligations financial
"shares withheld by the issuer to satisfy tax withholding obligations"
restricted stock financial
"in connection with the vesting of restricted stock on May 5, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did NHI SVP David L. Travis report on this Form 4?

David L. Travis reported a tax-related share disposition. The company withheld 282 common shares to satisfy tax withholding obligations tied to vesting restricted stock, rather than executing an open-market stock sale.

How many NATIONAL HEALTH INVESTORS (NHI) shares were withheld for taxes?

The issuer withheld 282 shares of NATIONAL HEALTH INVESTORS common stock. These shares were used to satisfy tax withholding obligations arising from the vesting of restricted stock that occurred on May 5, 2026.

At what price were the NHI shares valued for the tax withholding transaction?

The withheld NATIONAL HEALTH INVESTORS shares were valued at $73.09 per share. This price is used in the Form 4 to calculate the value of the 282 shares applied toward Travis’s tax obligations on the vesting.

How many NATIONAL HEALTH INVESTORS (NHI) shares does David L. Travis hold after this transaction?

After the tax withholding, David L. Travis directly holds 40,565 shares of NATIONAL HEALTH INVESTORS common stock. This indicates the 282-share withholding represents a relatively small portion of his overall reported direct holdings.

Was the NHI insider transaction an open-market sale or a tax withholding event?

The transaction was a tax withholding event, not an open-market sale. Shares were withheld by NATIONAL HEALTH INVESTORS to cover David L. Travis’s tax obligations tied to the vesting of restricted stock on May 5, 2026.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Travis David L

(Last)(First)(Middle)
222 ROBERT ROSE DRIVE

(Street)
MURFREESBORO TENNESSEE 37129

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NATIONAL HEALTH INVESTORS INC [ NHI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP/Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026F282(1)D$73.0940,565D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock on May 5, 2026.
/s/ Kimberly V. Ouimet, by limited power of attorney05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)