Chief Executive Officer · NATIONAL HEALTHCARE CORP (NHC)

Stephen Flatt

A named executive officer of NATIONAL HEALTHCARE in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$2,685,370

FY2024: $2,154,574

1st of 5 named executive officers at National Healthcare by FY2025 total.

5 named officers on file for NATIONAL HEALTHCARE, FY2025

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What this number hides

The filing gives the total. NATIONAL HEALTHCARE’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 2, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Stephen Flatt compensation by year

NATIONAL HEALTHCARE Summary Compensation Table · all 10 fiscal years held
In US dollars, as NATIONAL HEALTHCARE reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$138,308$144,528$392,584$494,977$476,451$498,131$522,175$528,000$559,819$577,000
Bonus$116,000$860,000$160,000$220,000$52,000$0$0$0$0$0
Stock awards$0$0$192,508$158,303$117,808$319,008$81,018$261,880$272,051$505,215
Option awards$14,567$95,229$119,130$119,130$119,130$119,130$155,087$150,390$243,420$300,481
Non-equity incentive$734,125$0$400,000$412,000$496,000$1,288,000$388,000$656,000$1,060,000$1,280,000
Pension and deferred compensation$0$0$0$0——$0$0$0$0
All other$8,108$8,209$8,234$12,714$16,977$25,176$12,927$13,425$19,284$22,674
Total$1,011,108$1,107,966$1,272,456$1,417,124$1,278,366$2,249,445$1,159,207$1,609,695$2,154,574$2,685,370

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NATIONAL HEALTHCARE CORP DEF 14A filed April 2, 2026, accession 0001140361-26-013005, and prior-year filings.

How this page was built: the NATIONAL HEALTHCARE CORP filed document, accession 0001140361-26-013005. Every figure is read from that document and cited to the page and table it appears in. Filed April 2, 2026.

$1.0M
$1.1M
$1.3M
$1.4M
$1.3M
$2.2M
$1.2M
$1.6M
$2.2M
$2.7M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU5,269$722,327—
Option10,000—$94.10
Option18,000—$90.62
Option5,000—$53.94

Per the Outstanding Equity Awards at Fiscal Year-End table in NATIONAL HEALTHCARE CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

7 Form 4 lines since the FY2025 proxy (filed April 2, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-08-19Sale—1,500$237.0865,487
2026-05-20Gift—26$0.0066,987
2026-05-14Exercise or conversion—5,000$94.1070,505
2026-05-14Exercise or conversion—1,000$90.6271,505
2026-05-14Tax withholding—4,492$197.9667,013
2026-05-14Exercise or conversion derivative—5,000$0.005,000
2026-05-14Exercise or conversion derivative—1,000$0.0012,000

The 7 most recent of 7 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

NATIONAL HEALTHCARE’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Stephen Flatt · this pageChief Executive Officer$2,685,370
R. Michael UsseryPresident & Chief Operating Officer (Retired)$2,382,174
Brian KiddSVP & Chief Financial Officer$1,407,048
Josh McCrearySVP, General Counsel & Secretary$1,373,015
B. Anderson FlattSVP & Chief Information Officer$1,292,065

The full NATIONAL HEALTHCARE compensation record

free company brief

This page is one person within NATIONAL HEALTHCARE's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NATIONAL HEALTHCARE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Stephen Flatt's compensation dossier