Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-23

National Healthcare (NHC)

CEO Stephen Flatt was paid $2,685,370 in fiscal year 2025, ↑ up 24.6% from fiscal year 2024 (SEC filing 0001140361-26-013005 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,685,370 ↑
Stephen Flatt total, FY2025
—
CEO pay percentile vs peers
52.8:1
CEO-to-median pay ratio
98.09%
Say-on-pay support, latest vote

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Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Stephen Flatt (Chief Executive Officer), FY2025 total compensation $2,685,370 (base salary $577,000) [exec_comp, SEC accession 0001140361-26-013005, filed 2026-04-02]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

NHC's next annual pay disclosure, estimated April 7, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Stephen Flatt$577,000$0$505,215$300,481$1,280,000$0$22,674$2,685,370
Chief Executive Officer
R. Michael Ussery521,0000446,846250,4011,132,000031,9272,382,174
President & Chief Operating Officer (Retired)
Brian Kidd307,0000246,395225,672624,00003,9811,407,048
SVP & Chief Financial Officer
Josh McCreary301,0000238,383225,361604,00004,2711,373,015
SVP, General Counsel & Secretary
B. Anderson Flatt270,0000219,417226,708556,000019,9401,292,065
SVP & Chief Information Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Stephen Flatt$2,685,370$2,154,574$1,609,695↑ +530,796
R. Michael Ussery2,382,1741,993,9891,487,981↑ +388,185
Brian Kidd1,407,0481,130,613815,477↑ +276,435
Josh McCreary1,373,0151,128,162813,939↑ +244,853
B. Anderson Flatt1,292,0651,041,104767,334↑ +250,961

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against NHC
10 companies name NHC as a compensation peer

Each company listed discloses NHC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NHC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
David R. GiffordIndependent Director—
Emil E. HassanIndependent Director$271,459
J. Paul AbernathyIndependent Director$267,459
Lisa PierceyIndependent Director$5,000
Richard F. LaRocheIndependent Director$280,459
Robert G. AdamsChair of the Board$272,459
Sandra Y. TrailIndependent Director$275,459
W. Andrew AdamsFormer director (through FY2025)$133,000
William A. AdamsIndependent Director—
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ben Anderson Flatt SrSenior VP & CIO2026-04-09D3,734$0$0Derivative, Class A CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-04-09A3,73454201,412CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-04-09D2,109177372,892CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-04-09D1,909177337,530CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-04-22D4,00000Derivative, Class A CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-04-22D2,853174495,366CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-04-22A4,00094376,400CommonForm 4 ↗
Emil E. HassanDirector2026-04-30D7,50000Derivative, Class A CommonForm 4 ↗
Emil E. HassanDirector2026-04-30A7,50072537,300CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-05D7,50000Derivative, Class A CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-05A7,50072537,300CommonForm 4 ↗
Sandra Y. TrailDirector2026-05-06D3,14000Derivative, Class A CommonForm 4 ↗
Sandra Y. TrailDirector2026-05-06A3,14056175,055CommonForm 4 ↗
Sandra Y. TrailDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Emil E. HassanDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
William A. AdamsDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Robert G. AdamsDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Lisa PierceyDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
J. Paul AbernathyDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
William A. AdamsDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
David R. GiffordDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14A4,00094376,400CommonForm 4 ↗
Dividend-equivalent accruals2026-05-14—1,500——2 insiders, 2 accrual rows
Brian KiddSVP, CFO2026-05-14D4,00000Derivative, Class A CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14D3,134198620,407CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14A5009145,310CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14D5,00000Derivative, Class A CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14D4,492198889,236CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14A1,0009190,620CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14A5,00094470,500CommonForm 4 ↗
Timothy J. ShellySr.VP Operations2026-05-19D1,853197365,444CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-20D2600CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-21D7,5001951,463,566CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-05-22D4,00000Derivative, Class A CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-05-22D2,739196536,844CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-05-22A4,00094376,400CommonForm 4 ↗
Lisa PierceyDirector2026-06-01A949184174,859CommonForm 4 ↗
Robert G. AdamsDirector2026-06-08D4,00000Derivative, Class A CommonForm 4 ↗
Robert G. AdamsDirector2026-06-08A4,00069276,760CommonForm 4 ↗
Robert G. AdamsDirector2026-06-08D4,00000CommonForm 4 ↗
Brian KiddSVP, CFO2026-06-16D50000CommonForm 4 ↗
Emil E. HassanDirector2026-06-16D1,563200312,561CommonForm 4 ↗
Emil E. HassanDirector2026-06-22D5,9372001,187,400CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-12D1,000221221,210CommonForm 4 ↗
Dividend-equivalent accruals2026-08-13—1,021——1 insider, 1 accrual row
David R. GiffordDirector2026-08-13A1,021171175,020CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-14D1,000222222,110CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-17D1,000226226,000CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-19D1,000237237,180CommonForm 4 ↗
Stephen Fowler FlattDirector2026-08-19D1,500237355,620CommonForm 4 ↗
David R. GiffordDirector2026-08-20D4,6912371,110,594CommonForm 4 ↗
David R. GiffordDirector2026-08-20D6,47900Derivative, Class A CommonForm 4 ↗
David R. GiffordDirector2026-08-20A6,4791711,110,630CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-20D1,000237237,000CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-25D1,000227227,000CommonForm 4 ↗
David R. GiffordDirector2026-08-25D1,779225401,022CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-28D1,000223222,500CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D1,291225290,587CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D6822615,340CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D789224176,561CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D571223127,181CommonForm 4 ↗
Brian KiddSVP, CFO2026-09-11D6,8132261,537,694CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-09-22D4,8342251,087,650CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 65 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ben Anderson Flatt SrSenior VP & CIO2026-04-09D3,734$0$0Derivative, Class A CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-04-09A3,73454201,412CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-04-09D2,109177372,892CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-04-09D1,909177337,530CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-04-22D4,00000Derivative, Class A CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-04-22D2,853174495,366CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-04-22A4,00094376,400CommonForm 4 ↗
Emil E. HassanDirector2026-04-30D7,50000Derivative, Class A CommonForm 4 ↗
Emil E. HassanDirector2026-04-30A7,50072537,300CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-05D7,50000Derivative, Class A CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-05A7,50072537,300CommonForm 4 ↗
Sandra Y. TrailDirector2026-05-06D3,14000Derivative, Class A CommonForm 4 ↗
Sandra Y. TrailDirector2026-05-06A3,14056175,055CommonForm 4 ↗
Sandra Y. TrailDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Emil E. HassanDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
William A. AdamsDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Robert G. AdamsDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Lisa PierceyDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
J. Paul AbernathyDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
William A. AdamsDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
David R. GiffordDirector2026-05-07A7,50000Derivative, Class A CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14A4,00094376,400CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14D50000Derivative, Class A CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14D4,00000Derivative, Class A CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14D3,134198620,407CommonForm 4 ↗
Brian KiddSVP, CFO2026-05-14A5009145,310CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14D1,00000Derivative, Class A CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14D5,00000Derivative, Class A CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14D4,492198889,236CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14A1,0009190,620CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-14A5,00094470,500CommonForm 4 ↗
Timothy J. ShellySr.VP Operations2026-05-19D1,853197365,444CommonForm 4 ↗
Stephen Fowler FlattDirector2026-05-20D2600CommonForm 4 ↗
Richard F. LaRocheDirector2026-05-21D7,5001951,463,566CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-05-22D4,00000Derivative, Class A CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-05-22D2,739196536,844CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-05-22A4,00094376,400CommonForm 4 ↗
Lisa PierceyDirector2026-06-01A949184174,859CommonForm 4 ↗
Robert G. AdamsDirector2026-06-08D4,00000Derivative, Class A CommonForm 4 ↗
Robert G. AdamsDirector2026-06-08A4,00069276,760CommonForm 4 ↗
Robert G. AdamsDirector2026-06-08D4,00000CommonForm 4 ↗
Brian KiddSVP, CFO2026-06-16D50000CommonForm 4 ↗
Emil E. HassanDirector2026-06-16D1,563200312,561CommonForm 4 ↗
Emil E. HassanDirector2026-06-22D5,9372001,187,400CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-12D1,000221221,210CommonForm 4 ↗
David R. GiffordDirector2026-08-13D1,02100Derivative, Class A CommonForm 4 ↗
David R. GiffordDirector2026-08-13A1,021171175,020CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-14D1,000222222,110CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-17D1,000226226,000CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-19D1,000237237,180CommonForm 4 ↗
Stephen Fowler FlattDirector2026-08-19D1,500237355,620CommonForm 4 ↗
David R. GiffordDirector2026-08-20D4,6912371,110,594CommonForm 4 ↗
David R. GiffordDirector2026-08-20D6,47900Derivative, Class A CommonForm 4 ↗
David R. GiffordDirector2026-08-20A6,4791711,110,630CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-20D1,000237237,000CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-25D1,000227227,000CommonForm 4 ↗
David R. GiffordDirector2026-08-25D1,779225401,022CommonForm 4 ↗
Ben Anderson Flatt SrSenior VP & CIO2026-08-28D1,000223222,500CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D1,291225290,587CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D6822615,340CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D789224176,561CommonForm 4 ↗
Josh McCrearySenior VP & General Counsel2026-09-10D571223127,181CommonForm 4 ↗
Brian KiddSVP, CFO2026-09-11D6,8132261,537,694CommonForm 4 ↗
Vicki L. DodsonSr.VP Patient Srvcs2026-09-22D4,8342251,087,650CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Brian KiddPSU2025-02-13—1,507——$246,395
Josh McCrearyPSU2025-02-13—1,458——238,383
B. Anderson FlattPSU2025-02-13—1,342——219,417
Stephen F. FlattPSU2025-02-13—3,090——505,215
R. Michael UsseryPSU2025-02-13—2,733——446,846
Josh McCrearyOPTION2025-02-24——13,500—225,361
Brian KiddOPTION2025-02-24——13,500—225,361
R. Michael UsseryOPTION2025-02-24——15,000—250,401
B. Anderson FlattOPTION2025-02-24——13,500—225,361
Stephen F. FlattOPTION2025-02-24——18,000—300,481
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Brian Kidd$0$246,395$225,36152.2%
Josh McCreary0238,383225,36151.4%
B. Anderson Flatt0219,417225,36149.3%
Stephen F. Flatt0505,215300,48162.7%
R. Michael Ussery0446,846250,40164.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Brian KiddOption13,50090.62—
Brian KiddOption8,00094.1—
FlattOption18,00090.62—
FlattOption13,50090.62—
FlattOption8,00094.1—
FlattPSU5,269—722,327
FlattOption5,00053.94—
FlattPSU2,333—319,831
Josh McCrearyOption13,50090.62—
FlattOption10,00094.1—
Brian KiddOption4,00053.94—
Josh McCrearyOption4,00053.94—
FlattOption3,73453.94—
Brian KiddPSU2,599—356,297
Josh McCrearyPSU2,543—348,620
Josh McCrearyOption8,00094.1—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation programs are substantially tied into our key business objectives and the benefit to our shareholders. If the value we deliver to our shareholders declines, so does the compensation we deliver to our executives.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantfalse
Clawback policytrue
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-0711,964,538233,27618,76498.09%Passed
20252025-05-0812,498,222477,55520,69796.32%Passed
20242024-05-0912,356,288206,29423,69198.36%Passed
20232023-05-0411,528,834688,23167,35894.37%Passed
20202020-05-0711,600,237342,97934,43097.13%Passed
20172017-05-0910,728,890103,48420,17098.86%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0798.09%a
20252025-05-0896.32%b
20242024-05-0998.36%c

a. Approved under the standard stated in the filing — “How will abstentions and votes to "withhold" authority be counted? Abstentions will be counted as shares that are present and entitled to vote for purposes of determining the number of shares that are present and entitled to vote with respect to any particular matter but will not be counted as votes cast on such matter.”.

b. Approved under the standard stated in the filing — “How will abstentions be counted? Abstentions will be counted as shares that are present and entitled to vote for purposes of determining the number of shares that are present and entitled to vote with respect to any particular matter but will not be counted as votes cast on such matter.”.

c. Approved under the standard stated in the filing — “How will abstentions and votes to "withhold" authority be counted? Abstentions will be counted as shares that are present and entitled to vote for purposes of determining the number of shares that are present and entitled to vote with respect to any particular matter but will not be counted as votes cast on such matter.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)52.8 : 1
CEO total compensation$2,685,370
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard F. LaRocheIndependent · Audit · Compensation · Nominating/Governance (Chair)$31,000$0$124,459$0$125,000$280,459
Sandra Y. TrailIndependent · Audit (Chair) · Compensation · Nominating/Governance26,0000124,4590125,000275,459
Robert G. AdamsNot independent · Board Chair23,0000124,4590125,000272,459
Emil E. HassanIndependent · Audit · Compensation (Chair) · Nominating/Governance22,0000124,4590125,000271,459
J. Paul AbernathyIndependent · Audit · Compensation · Nominating/Governance18,0000124,4590125,000267,459
W. Andrew AdamsIndependent · Audit · Compensation · Nominating/Governance · Departed during FY8,0000—0125,000133,000
Lisa PierceyIndependent · Audit · Newly elected5,0000—0—5,000
William A. AdamsIndependent · Compensation · Newly elected000000
David R. GiffordIndependent · Nominating/Governance · Newly elected000000
Stephen F. FlattEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer—
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)8,000 / 4,000 / 8,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$133,000
Equity awards (grant-date value)$0
All other compensation$750,000
Total cost of the board$883,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1National Healthcare2025Stephen Flatt$577,000$505,215$300,481$1,280,000$2,685,370

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at National Healthcare in fiscal 2025?
As disclosed, Stephen Flatt (Chief Executive Officer) was the highest-paid executive at National Healthcare in fiscal 2025, with total compensation of $2,685,370.
What is National Healthcare's CEO-to-median employee pay ratio?
As disclosed, National Healthcare's CEO-to-median employee pay ratio was 52.8:1.
How did shareholders vote on National Healthcare's executive compensation?
As disclosed, 98.09% of shareholders supported National Healthcare's executive compensation in the latest say-on-pay vote.
How much does National Healthcare spend in total on board compensation for fiscal 2025?
As disclosed, National Healthcare reported total board compensation of $883,000 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Stephen FlattDEF 14A2026-04-020001140361-26-013005Section “2025 SUMMARY COMPENSATION TABLE*”. As printed: 2,685,370. Filing ↗machine: r9 · c24 · span 312689–312698
2Section 01, R. Michael UsseryDEF 14A2026-04-020001140361-26-013005Section “2025 SUMMARY COMPENSATION TABLE*”. As printed: 2,382,174. Filing ↗machine: r15 · c24 · span 365809–365818
3Section 01, Brian KiddDEF 14A2026-04-020001140361-26-013005Section “2025 SUMMARY COMPENSATION TABLE*”. As printed: 1,407,048. Filing ↗machine: r6 · c24 · span 326174–326183
4Section 01, Josh McCrearyDEF 14A2026-04-020001140361-26-013005Section “2025 SUMMARY COMPENSATION TABLE*”. As printed: 1,373,015. Filing ↗machine: r12 · c24 · span 352994–353003
5Section 01, B. Anderson FlattDEF 14A2026-04-020001140361-26-013005Section “2025 SUMMARY COMPENSATION TABLE*”. As printed: 1,292,065. Filing ↗machine: r9 · c24 · span 339216–339225
6Section 03, Brian Kidd PSUDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 567567–567574
7Section 03, Josh McCreary PSUDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 581154–581161
8Section 03, B. Anderson Flatt PSUDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 574360–574367
9Section 03, Stephen F. Flatt PSUDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 560777–560784
10Section 03, R. Michael Ussery PSUDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 587908–587915
11Section 03, Josh McCreary OPTIONDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 584122–584129
12Section 03, Brian Kidd OPTIONDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 570535–570542
13Section 03, R. Michael Ussery OPTIONDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 590715–590722
14Section 03, B. Anderson Flatt OPTIONDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 577328–577335
15Section 03, Stephen F. Flatt OPTIONDEF 14A1900-01-010001140361-26-013005Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 563745–563752
16Section 07, pay ratioDEF 14A2026-04-020001140361-26-013005Section “CEO Pay Ratio”. As printed: 52.8 : 1. Filing ↗machine: span 759523–759532
17Section 08, Richard F. LaRocheDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 280,459. Filing ↗machine: t75 · r8 · c12 · span 789870–790053
18Section 08, Sandra Y. TrailDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 275,459. Filing ↗machine: t75 · r9 · c12 · span 792300–792482
19Section 08, Robert G. AdamsDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 272,459. Filing ↗machine: t75 · r4 · c12 · span 780127–780310
20Section 08, Emil E. HassanDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 271,459. Filing ↗machine: t75 · r7 · c12 · span 787668–787851
21Section 08, J. Paul AbernathyDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 267,459. Filing ↗machine: t75 · r3 · c12 · span 777931–778114
22Section 08, W. Andrew AdamsDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 133,000. Filing ↗machine: t75 · r5 · c12 · span 782759–782942
23Section 08, Lisa PierceyDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 5,000. Filing ↗machine: t75 · r6 · c3 · span 783543–783763
24Section 08, William A. AdamsDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, David R. GiffordDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 0. Filing ↗
26Section 08, Stephen F. FlattDEF 14A2026-04-020001140361-26-013005Section “Director Compensation”. As printed: 0. Filing ↗
27Section 02, Ben Anderson Flatt Sr 2026-04-09Form 42026-04-130001437749-26-012168Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ben Anderson Flatt Sr 2026-04-09Form 42026-04-130001437749-26-012168Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Ben Anderson Flatt Sr 2026-04-09Form 42026-04-140001437749-26-012253Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Ben Anderson Flatt Sr 2026-04-09Form 42026-04-130001437749-26-012168Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Vicki L. Dodson 2026-04-22Form 42026-04-240001437749-26-013316Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Vicki L. Dodson 2026-04-22Form 42026-04-240001437749-26-013316Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Vicki L. Dodson 2026-04-22Form 42026-04-240001437749-26-013316Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Emil E. Hassan 2026-04-30Form 42026-05-010001437749-26-014489Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Emil E. Hassan 2026-04-30Form 42026-05-010001437749-26-014489Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Richard F. LaRoche 2026-05-05Form 42026-05-060001437749-26-015203Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Richard F. LaRoche 2026-05-05Form 42026-05-060001437749-26-015203Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Sandra Y. Trail 2026-05-06Form 42026-05-080001437749-26-015905Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Sandra Y. Trail 2026-05-06Form 42026-05-080001437749-26-015905Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Sandra Y. Trail 2026-05-07Form 42026-05-070001437749-26-015702Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Richard F. LaRoche 2026-05-07Form 42026-05-070001437749-26-015687Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Emil E. Hassan 2026-05-07Form 42026-05-070001437749-26-015689Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, William A. Adams 2026-05-07Form 42026-05-080001437749-26-015896Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Robert G. Adams 2026-05-07Form 42026-05-070001437749-26-015691Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Lisa Piercey 2026-05-07Form 42026-05-070001437749-26-015693Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, J. Paul Abernathy 2026-05-07Form 42026-05-070001437749-26-015699Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, William A. Adams 2026-05-07Form 42026-05-070001437749-26-015697Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, David R. Gifford 2026-05-07Form 42026-05-070001437749-26-015695Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Brian Kidd 2026-05-14Form 42026-05-180001437749-26-017628Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Brian Kidd 2026-05-14Form 42026-05-180001437749-26-017628Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Brian Kidd 2026-05-14Form 42026-05-180001437749-26-017628Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Brian Kidd 2026-05-14Form 42026-05-180001437749-26-017628Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Brian Kidd 2026-05-14Form 42026-05-180001437749-26-017628Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Stephen Fowler Flatt 2026-05-14Form 42026-05-180001437749-26-017633Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Stephen Fowler Flatt 2026-05-14Form 42026-05-180001437749-26-017633Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Stephen Fowler Flatt 2026-05-14Form 42026-05-180001437749-26-017633Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Stephen Fowler Flatt 2026-05-14Form 42026-05-180001437749-26-017633Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Stephen Fowler Flatt 2026-05-14Form 42026-05-180001437749-26-017633Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Timothy J. Shelly 2026-05-19Form 42026-05-200001437749-26-017945Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Stephen Fowler Flatt 2026-05-20Form 42026-05-220001437749-26-018246Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Richard F. LaRoche 2026-05-21Form 42026-05-220001437749-26-018248Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Ben Anderson Flatt Sr 2026-05-22Form 42026-05-270001437749-26-018587Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Ben Anderson Flatt Sr 2026-05-22Form 42026-05-270001437749-26-018587Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Ben Anderson Flatt Sr 2026-05-22Form 42026-05-270001437749-26-018587Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Lisa Piercey 2026-06-01Form 42026-06-020001437749-26-019170Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Robert G. Adams 2026-06-08Form 42026-06-100001437749-26-020163Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Robert G. Adams 2026-06-08Form 42026-06-100001437749-26-020163Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Robert G. Adams 2026-06-08Form 42026-06-100001437749-26-020163Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Brian Kidd 2026-06-16Form 42026-06-180001437749-26-021141Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Emil E. Hassan 2026-06-16Form 42026-06-180001437749-26-021139Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Emil E. Hassan 2026-06-22Form 42026-06-230001437749-26-021438Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Ben Anderson Flatt Sr 2026-08-12Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, David R. Gifford 2026-08-13Form 42026-08-170001437749-26-028203Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, David R. Gifford 2026-08-13Form 42026-08-170001437749-26-028203Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Ben Anderson Flatt Sr 2026-08-14Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Ben Anderson Flatt Sr 2026-08-17Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Ben Anderson Flatt Sr 2026-08-19Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Stephen Fowler Flatt 2026-08-19Form 42026-08-200001437749-26-028642Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, David R. Gifford 2026-08-20Form 42026-08-210001437749-26-028735Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, David R. Gifford 2026-08-20Form 42026-08-210001437749-26-028735Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, David R. Gifford 2026-08-20Form 42026-08-210001437749-26-028735Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Ben Anderson Flatt Sr 2026-08-20Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Ben Anderson Flatt Sr 2026-08-25Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, David R. Gifford 2026-08-25Form 42026-08-280001437749-26-029198Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Ben Anderson Flatt Sr 2026-08-28Form 42026-09-020001437749-26-029512Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Josh McCreary 2026-09-10Form 42026-09-140001437749-26-030334Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Josh McCreary 2026-09-10Form 42026-09-140001437749-26-030334Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Josh McCreary 2026-09-10Form 42026-09-140001437749-26-030334Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Josh McCreary 2026-09-10Form 42026-09-140001437749-26-030334Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Brian Kidd 2026-09-11Form 42026-09-140001437749-26-030323Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Vicki L. Dodson 2026-09-22Form 42026-09-230001437749-26-031086Insider equity transaction reported since the proxy statement. Filing ↗
92Section 06, 2026 voteForm 8-K2026-05-130001437749-26-016571Item 5.07 · say-on-pay result. As reported: 98.09% (votes for as printed: 11,964,538). Filing ↗
93Section 06, 2025 voteForm 8-K2025-05-130001437749-25-016458Item 5.07 · say-on-pay result. As reported: 96.32% (votes for as printed: 12,498,222). Filing ↗
94Section 06, 2024 voteForm 8-K2024-05-150001437749-24-016722Item 5.07 · say-on-pay result. As reported: 98.36% (votes for as printed: 12,356,288). Filing ↗
95Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
96Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
97Section 09b board cost (computed)Computed——Cash 133,000 + equity 0 + all other 750,000 = 883,000, summed across the director compensation table rows.machine: formula: Σ = 883,000
98National Healthcare (subject), Section 10b CEO totalDEF 14A2026-04-020001140361-26-013005CEO total compensation as printed in National Healthcare's own proxy. As printed: 2,685,370. Filing ↗machine: r9 · c24 · span 312689–312698

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