A significant insider transaction involving the exercise of company stock options was reported on March 5, by CARLTON KEVIN PASCOE, Chief Investment Officer at National Health Investors (NYSE:NHI), as per the latest SEC filing.
What Happened: In an insider options sale disclosed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, PASCOE, Chief Investment Officer at National Health Investors, exercised stock options for 0 shares of NHI. The transaction value amounted to $0.
National Health Investors shares are trading down 1.66% at $72.18 at the time of this writing on Thursday morning. Since the current price is $72.18, this makes PASCOE’s 0 shares worth $0.
Unveiling the Story Behind National Health Investors
National Health Investors Inc is a housing and medical facility REIT. The company operates through two reportable segments, i.e., Real Estate Investments and Senior Housing Operating Portfolio (SHOP). The Real Estate Investments segment, which generates maximum revenue, consists of real estate investments and leases, mortgages, and other notes receivables in independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities, and a hospital. The SHOP segment is comprised of two ventures that own the operations of independent living facilities. The company’s revenues are derived in the form of rental income, mortgage and other notes receivable interest income, and resident fees and services.
Financial Milestones: National Health Investors’s Journey
Revenue Growth: National Health Investors’s …