---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-017374"
form_type: "8-K"
ticker: "NHC"
cik: "0001047335"
company_name: "NATIONAL HEALTHCARE CORP"
filed_at: "2026-05-15T20:04:37+00:00"
generated_at: "2026-05-15T20:08:17.780423+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NHC subsidiary agrees to acquire five skilled nursing facilities for $50.5M

## Summary
- Purchase price of $50.5M for five facilities: four in Tennessee, one in South Carolina.
- Transaction expected to close in Q2 2026, subject to Buyer financing and government approvals.
- Seller is a related party: National Health Corp. (wholly owned by ESOP) owns ~6.6% of NHC stock.
- Deposit of $750k due within 3 business days; refundable during inspection period ending June 16, 2026.
- Special subcommittee of independent directors approved the transaction.

## SEC filing metadata
- accession: 0001437749-26-017374
- form_type: 8-K
- ticker: NHC
- cik: 0001047335
- company_name: NATIONAL HEALTHCARE CORP
- filed_at: 2026-05-15T20:04:37+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047335/000143774926017374/0001437749-26-017374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047335/000143774926017374/nhc20260515_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-017374
- JSON: https://secwatch.observer/filing/0001437749-26-017374.json
- Plain text: https://secwatch.observer/filing/0001437749-26-017374.txt

## Key facts
- Material Agreements
  NATIONAL HEALTHCARE CORP entered into Purchase and Sale Agreement with National Health Corporation valued at $50.5 million (effective 2026-05-14).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: National Health Corporation
  - Value: $50.5 million
  - Effective: 2026-05-14
  source text: On May 14, 2026 (the “Effective Date”), NHC/OP, L.P., a Delaware limited partnership (“Buyer”) and a wholly-owned subsidiary of National HealthCare Corporation (“NHC”), entered into a Purchase and Sale Agreement (the “Agreement”) with National Health Corporation, a Tennessee corporation (“Seller”), to purchase from Seller the land, buildings, and other specified assets of Seller’s portfolio of five skilled nursing facilities
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047335/000143774926017374/0001437749-26-017374-index.htm

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