other material
confidence high
sentiment neutral
materiality 0.40
National Health Investors enters CIC severance agreement with CFO Todd Siefert
NATIONAL HEALTH INVESTORS INC
- Agreement provides 2.0x final average compensation (salary + avg bonus) lump sum upon qualifying termination after change in control.
- Also includes pro-rata bonus, 18 months COBRA, and accelerated vesting of time-based equity awards.
- Non-compete and non-solicit restrictions apply during employment and 12 months post-termination if severance paid.
- Agreement effective July 1, 2026; replaces any other severance arrangements for the CFO.