SHELLY TIMOTHY J. (Sr.VP Operations) exercised options at NATIONAL HEALTHCARE CORP

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

M · 2 exercises

SHELLY TIMOTHY J.

Filed: 11/13/2025ACC: 0001437749-25-034907

InsiderSHELLY TIMOTHY J.CIK 2031428

→

IssuerNATIONAL HEALTHCARE CORPCIK 1047335

Officer· Sr.VP Operations

Since Mar 2026

-4.75K

Net shares

Net seller

$627.4K

Total sold

Open market trades

0B · 0S

Total transactions

7.20K acquired · 11.95K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+2.40K

Price / share

$63.96

Trade value

$153.50K

% of position

New position

11/11/2025

0.00→2.40K

Common Stock

Direct

F · Tax Withholding

−1.66K

Price / share

$132.20

Trade value

$218.79K

% of position

69.0%

11/11/2025

2.40K→745.00

Common Stock

Direct

M · Option Exercise

+4.80K

Price / share

$53.94

Trade value

$258.91K

% of position

644.3%

11/11/2025

745.00→5.54K

Common Stock

Direct

F · Tax Withholding

−3.09K

Price / share

$132.20

Trade value

$408.63K

% of position

55.7%

11/11/2025

5.54K→2.45K

Total

Net shares

+2.45K

Net value

-$215.01K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/11/2025	M · Option Exercise	+2.40K	$63.96	$153.50K	New position	0.00	2.40K
Common Stock Direct	11/11/2025	F · Tax Withholding	−1.66K	$132.20	$218.79K	69.0%	2.40K	745.00
Common Stock Direct	11/11/2025	M · Option Exercise	+4.80K	$53.94	$258.91K	644.3%	745.00	5.54K
Common Stock Direct	11/11/2025	F · Tax Withholding	−3.09K	$132.20	$408.63K	55.7%	5.54K	2.45K
Total			+2.45K		-$215.01K

Derivative Transactions2

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

2.40K shares

−2.40K

Strike price

63.96

Held after

0.00

Exercisable

—

11/11/2025

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

7.20K shares

−4.80K

Strike price

53.94

Held after

2.40K

Exercisable

—

11/11/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option to Purchase Common Stock Direct	Common Stock2.40K shares	11/11/2025	M · Option Exercise	−2.40K	63.96	—	0.00
Option to Purchase Common Stock Direct	Common Stock7.20K shares	11/11/2025	M · Option Exercise	−4.80K	53.94	—	2.40K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

Option to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

11K

Shares owned

11K

Exercise price

90.6200

Expiration

—

Exercise window

—

Option to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

94.1000

Expiration

—

Exercise window

—

Total

Underlying

19K

Owned

19K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Option to Purchase Common Stock Direct	Common Stock	90.6200	—	—	11K	11K
Option to Purchase Common Stock Direct	Common Stock	94.1000	—	—	8K	8K
Total					19K	19K