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: 3/6/2026ACC: 0001437749-26-007209

InsiderSHELLY TIMOTHY J.CIK 2031428

→

IssuerNATIONAL HEALTHCARE CORPCIK 1047335

Officer· Sr.VP Operations

Since Mar 2026

-4.48K

Net shares

Net seller

$774.5K

Total sold

Open market trades

0B · 0S

Total transactions

6.33K acquired · 10.81K disposed

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+2.67K

Price / share

$94.10

Trade value

$250.96K

% of position

206.1%

3/4/2026

1.29K→3.96K

Common Stock

Direct

M · Option Exercise

+3.67K

Price / share

$90.62

Trade value

$332.30K

% of position

92.6%

3/4/2026

3.96K→7.63K

Common Stock

Direct

F · Tax Withholding

−4.48K

Price / share

$172.83

Trade value

$774.45K

% of position

58.7%

3/4/2026

7.63K→3.15K

Total

Net shares

+1.85K

Net value

-$191.18K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/4/2026	M · Option Exercise	+2.67K	$94.10	$250.96K	206.1%	1.29K	3.96K
Common Stock Direct	3/4/2026	M · Option Exercise	+3.67K	$90.62	$332.30K	92.6%	3.96K	7.63K
Common Stock Direct	3/4/2026	F · Tax Withholding	−4.48K	$172.83	$774.45K	58.7%	7.63K	3.15K
Total			+1.85K		-$191.18K

Derivative Transactions2

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

8K shares

−2.67K

Strike price

94.10

Held after

5.33K

Exercisable

—

3/4/2026

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

11K shares

−3.67K

Strike price

90.62

Held after

7.33K

Exercisable

—

3/4/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option to Purchase Common Stock Direct	Common Stock8K shares	3/4/2026	M · Option Exercise	−2.67K	94.10	—	5.33K
Option to Purchase Common Stock Direct	Common Stock11K shares	3/4/2026	M · Option Exercise	−3.67K	90.62	—	7.33K

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

14K

Shares owned

14K

Exercise price

157.1300

Expiration

—

Exercise window

—

Option to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

2.40K

Shares owned

2.40K

Exercise price

53.9400

Expiration

—

Exercise window

—

Total

Underlying

16.40K

Owned

16.40K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Option to Purchase Common Stock Direct	Common Stock	157.1300	—	—	14K	14K
Option to Purchase Common Stock Direct	Common Stock	53.9400	—	—	2.40K	2.40K
Total					16.40K	16.40K