Insider Activity Highlights for National Health Investors Inc.

A Buying Surge Amidst Quiet Market Sentiment On February 23, 2026, SVP and Chief Accounting Officer Travis David L. executed a sizable block of purchases, adding 8,333 shares at $57.76 and 19,322 shares at $90.03, bringing his holdings to 57,122 shares. The trades were filed under Form 4 shortly after the stock closed at $88.97, a day after the price dipped 0.92 %. Despite a neutral social‑media sentiment score (0) and a modest buzz of 11 %, the buying spree signals that insiders remain confident in the fund’s near‑term outlook.

Implications for Investors and the Company’s Future Insider buying typically reflects management’s belief that the share price is undervalued or that upcoming catalysts will support a rally. In National Health Investors’ case, the recent 10 % monthly gain and a 23.69 % year‑to‑date rise suggest momentum, while the 52‑week high of $91.38 indicates that the current price is still below peak. The consistent pattern of purchases, coupled with a sizeable overall market cap of $4.29 billion, points to a stable, long‑term investment strategy. For shareholders, this could translate into a stronger alignment of interests between management and investors, potentially reducing volatility and encouraging a focus on asset performance over short‑term trading.

Travis David L. – A Profile of Consistent Commitment Travis David L. has maintained a steady stream of transactions since 2025, with a mix of share purchases, sales, and option exercise activities. His most recent activity—buying 57,122 shares in February 2026—continues a trend of incremental accumulation. Historically, he has also sold significant blocks (e.g., 28,868 shares at $85.10 on February 9, 2026) and exercised or liquidated options in 2022‑2025, indicating a balanced approach to risk and reward. His holdings have steadily risen from 10,000 shares in early 2025 to over 57,000 today, reflecting a long‑term commitment to the fund’s strategy.

Broader Insider Trends Other senior insiders—CEO Eric Mendelsohn, CFO John Spaid, and Chief Investment Officer Kevin Pascoe—have also been active, buying and selling shares in the same period. Their combined activity suggests a dynamic, engaged leadership team that is willing to trade on market conditions while maintaining a net positive exposure. This collective insider confidence can be reassuring for investors seeking a governance framework that is responsive yet focused on value creation.

Conclusion The recent buying activity by Travis David L., set against a backdrop of neutral sentiment and modest buzz, reinforces the perception that National Health Investors’ insiders see tangible upside potential. For investors, this translates into a stronger alignment of interests and a potential signal that the current valuation may still have room to grow. As the fund continues to navigate the evolving healthcare investment landscape, consistent insider engagement will remain a key barometer for market participants to monitor.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-23Travis David L (SVP/Chief Accounting Officer)Buy8,333.0057.76Common Stock
2026-02-23Travis David L (SVP/Chief Accounting Officer)Buy8,333.0057.76Common Stock
2026-02-23Travis David L (SVP/Chief Accounting Officer)Buy8,334.0057.76Common Stock
2026-02-23Travis David L (SVP/Chief Accounting Officer)Sell19,322.0090.03Common Stock
2026-02-23Travis David L (SVP/Chief Accounting Officer)Sell8,333.00N/AStock Option (Right to Buy) 2024
2026-02-23Travis David L (SVP/Chief Accounting Officer)Sell8,333.00N/AStock Option (Right to Buy) 2024
2026-02-23Travis David L (SVP/Chief Accounting Officer)Sell8,334.00N/AStock Option (Right to Buy) 2024
2026-02-23PASCOE KEVIN CARLTON (Chief Investment Officer)Buy8,500.0057.76Common Stock
2026-02-23PASCOE KEVIN CARLTON (Chief Investment Officer)Sell6,409.0090.03Common Stock
2026-02-23PASCOE KEVIN CARLTON (Chief Investment Officer)Sell8,500.00N/AStock Option (Right to Buy) 2024
2026-02-23Mendelsohn D. Eric (CEO and President)Buy13,334.0057.76Common Stock
2026-02-23Mendelsohn D. Eric (CEO and President)Sell10,192.0090.03Common Stock
2026-02-23Mendelsohn D. Eric (CEO and President)Sell194.0090.03Common Stock
2026-02-23Mendelsohn D. Eric (CEO and President)Sell13,334.00N/AStock Option (Right to Buy) 2024
2026-02-23Spaid John L (CFO/EVP Finance)Buy8,500.0057.76Common Stock
2026-02-23Spaid John L (CFO/EVP Finance)Sell6,312.0090.03Common Stock
2026-02-23Spaid John L (CFO/EVP Finance)Sell236.0090.03Common Stock
2026-02-23Spaid John L (CFO/EVP Finance)Sell8,500.00N/AStock Option (Right to Buy) 2024