NHI (NHI) accounting chief exercises 25,000 options, withholds shares for tax
Rhea-AI Filing Summary
National Health Investors Inc. SVP and Chief Accounting Officer David L. Travis reported multiple equity transactions on February 23, 2026. He exercised stock options for a total of 25,000 shares of common stock at a stated price of $57.76 per share. In a separate transaction coded “F,” 19,322 shares of common stock at $90.03 per share were disposed of to satisfy tax-withholding obligations related to the option exercises. After these transactions, he directly owned 37,800 shares of National Health Investors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,678 shares
Net Buy
7 txns
Insider
Travis David L
Role
SVP/Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) 2024 | 8,333 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) 2024 | 8,333 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) 2024 | 8,334 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,333 | $57.76 | $481K |
| Exercise | Common Stock | 8,333 | $57.76 | $481K |
| Exercise | Common Stock | 8,334 | $57.76 | $481K |
| Exercise Price or Tax Liability | Common Stock | 19,322 | $90.03 | $1.74M |
Holdings After Transaction:
Stock Option (Right to Buy) 2024 — 0 shares (Direct);
Common Stock — 37,800 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did NHI executive David L. Travis report on this Form 4?
David L. Travis reported exercising stock options for 25,000 shares of National Health Investors common stock and a related tax-withholding share disposition. These transactions reflect equity compensation activity, not an open-market purchase or sale, and occurred on February 23, 2026.
What does the tax-withholding disposition on the NHI Form 4 represent?
The tax-withholding disposition reflects 19,322 NHI common shares delivered to cover tax obligations from the option exercises. It is coded “F,” which indicates payment of exercise price or tax liability by delivering securities, rather than an ordinary open-market sale transaction.
At what prices were the NHI equity transactions reported for David L. Travis?
The non-derivative common stock from option exercises was reported at $57.76 per share. The tax-withholding disposition of 19,322 common shares was reported at $90.03 per share. These per-share figures come directly from the transaction details disclosed in the Form 4.
What is David L. Travis’s role at National Health Investors (NHI)?
David L. Travis is identified as an officer of National Health Investors with the title “SVP/Chief Accounting Officer.” This senior role indicates responsibility for the company’s accounting functions, and the Form 4 reflects his insider status under SEC reporting requirements.