FLATT STEPHEN FOWLER (CEO) exercised options at NATIONAL HEALTHCARE CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

FLATT STEPHEN FOWLER

Filed: 3/3/2026ACC: 0001437749-26-006645

InsiderFLATT STEPHEN FOWLERCIK 1330766

→

IssuerNATIONAL HEALTHCARE CORPCIK 1047335

DirectorOfficer· CEO

Since Mar 2026

-3.58K

Net shares

Net seller

$613.6K

Total sold

Open market trades

0B · 0S

Total transactions

5K acquired · 8.59K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+5K

Price / share

$90.62

Trade value

$453.10K

% of position

8.0%

3/2/2026

62.24K→67.24K

Common Stock

Direct

F · Tax Withholding

−3.58K

Price / share

$171.15

Trade value

$613.57K

% of position

5.3%

3/2/2026

67.24K→63.65K

Total

Net shares

+1.42K

Net value

-$160.47K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/2/2026	M · Option Exercise	+5K	$90.62	$453.10K	8.0%	62.24K	67.24K
Common Stock Direct	3/2/2026	F · Tax Withholding	−3.58K	$171.15	$613.57K	5.3%	67.24K	63.65K
Total			+1.42K		-$160.47K

Derivative Transactions1

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

18K shares

−5K

Strike price

90.62

Held after

13K

Exercisable

—

3/2/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option to Purchase Common Stock Direct	Common Stock18K shares	3/2/2026	M · Option Exercise	−5K	90.62	—	13K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Option to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

157.1300

Expiration

—

Exercise window

—

Option to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

6.15K

Shares owned

6.15K

Exercise price

53.9400

Expiration

—

Exercise window

—

Option to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

94.1000

Expiration

—

Exercise window

—

Total

Underlying

36.15K

Owned

36.15K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Option to Purchase Common Stock Direct	Common Stock	157.1300	—	—	20K	20K
Option to Purchase Common Stock Direct	Common Stock	53.9400	—	—	6.15K	6.15K
Option to Purchase Common Stock Direct	Common Stock	94.1000	—	—	10K	10K
Total					36.15K	36.15K