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CompBrief
Fiscal year 2025

Stephen Flatt — FY2025 total compensation $2,685,370

Stephen Flatt is Chief Executive Officer of National HealthCare Corp (NHC). The company reported total compensation of $2,685,370 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$577,000
Bonus$0
Stock awards$505,215
Option awards$300,481
Non-equity incentive plan$1,280,000
Pension and non-qualified deferred compensation$0
All other compensation$22,674
Total$2,685,370

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

Cited to the compensation disclosure National HealthCare Corp filed April 2, 2026, accession 0001140361-26-013005.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chief Executive Officer$577,000$0$505,215$300,481$1,280,000$0$22,674$2,685,370
FY2024Chief Executive Officer$559,819$0$272,051$243,420$1,060,000$0$19,284$2,154,574
FY2023Chief Executive Officer$528,000$0$261,880$150,390$656,000$0$13,425$767,334
FY2022Chief Executive Officer$522,175$0$81,018$155,087$388,000$0$12,927$1,159,207
FY2021Chief Executive Officer$498,131$0$319,008$119,130$1,288,000$25,176$2,249,445
FY2020Chief Executive Officer$476,451$52,000$117,808$119,130$496,000$16,977$1,278,366

Totals as disclosed in each year's own compensation disclosure for National HealthCare Corp.

04

The other named executive officers of National HealthCare Corp

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 company's named executive officers for fiscal year 2025, and what it reported for each. See the full National HealthCare Corp compensation brief.

05

The company page

Stephen Flatt's compensation sits inside National HealthCare Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The National HealthCare Corp (NHC) compensation brief