• National Health Investors entered a change in control severance agreement with Todd Siefert, effective July 1, 2026.
• Triggers: termination without Cause or for Good Reason within two years of a Change in Control, or without Cause within 30 days before one.
• Severance: lump sum of 2.0x the average of base salary and bonus over the prior two calendar years.
• Also provides a separate lump-sum bonus payout based on target or earned performance, prorated, with 18 months of COBRA coverage.
• Accelerates time-based equity vesting; includes 12-month non-compete and non-solicit terms if severance is paid, with a 4999 excise-tax cutback.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Health Investors Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000877860-26-000167), on July 01, 2026, and is solely responsible for the information contained therein.