---
schema_version: "secwatch.filing_event.v1"
accession: "0000877860-25-000198"
form_type: "8-K"
ticker: "NHI"
cik: "0000877860"
company_name: "NATIONAL HEALTH INVESTORS INC"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:41:04.059642+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# National Health Investors enters new CIC severance agreements with CEO, CFO & 3 other NEOs

## Summary
- D. Eric Mendelsohn (CEO): 3.0x multiplier of avg salary+bonus; non-compete for 12 months post-termination if severance paid.
- Kevin Pascoe and John Spaid (CFO): 2.0x multiplier; both subject to non-compete; all five NEOs get 18-month COBRA subsidy.
- Kristin Gaines and David Travis: 1.5x multiplier; no non-compete but non-solicitation applies for 12 months if severance paid.
- All time-vesting equity awards fully vest on a qualifying termination within two years post-change-in-control or 30 days prior.
- Replaces prior agreements dated Feb 26, 2024; terms include 280G excise tax cutback provision.

## SEC filing metadata
- accession: 0000877860-25-000198
- form_type: 8-K
- ticker: NHI
- cik: 0000877860
- company_name: NATIONAL HEALTH INVESTORS INC
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/877860/000087786025000198/0000877860-25-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/877860/000087786025000198/nhi-20251215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000877860-25-000198
- JSON: https://secwatch.observer/filing/0000877860-25-000198.json
- Plain text: https://secwatch.observer/filing/0000877860-25-000198.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.