{"filing":{"accession_number":"0001437749-26-018604","cik":"0001047335","ticker":"NHC","company_name":"NATIONAL HEALTHCARE CORP","form":"8-K","filing_date":"2026-05-27","report_date":null,"primary_document":"nhc20260527_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1047335/000143774926018604/nhc20260527_8k.htm"},"events":[{"id":8815,"run_id":7737,"accession_number":"0001437749-26-018604","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"summary":"National Healthcare Corp entered into a material acquisition of assets and real property from National Health Investors, Inc. pursuant to a Purchase and Sale Agreement dated April 21, 2026, with integrated financing through a $475 million term loan and $50 million revolving credit facility expected to close simultaneously in Q3 2026.","company_name":"NATIONAL HEALTHCARE CORP","ticker":"NHC","filing_date":"2026-05-27","form":"8-K","submitted_at":null,"items":[{"id":2017,"accession_number":"0001437749-26-018604","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"While Item 1.01 formally discloses a credit agreement, the substance of this filing centers on financing for a material acquisition. The Credit Agreement is explicitly structured to fund \"in part the purchase price of the Transaction\" — the acquisition of assets and real property from National Health Investors, Inc. pursuant to a Purchase and Sale Agreement dated April 21, 2026. The $475 million term loan and $50 million revolving facility are directly conditioned on and contemplated to close simultaneously with the asset acquisition expected in Q3 2026. This is a material M\u0026A activity with integrated financing, not a standalone credit facility disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:36:54.765168+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2018,"accession_number":"0001437749-26-018604","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 1.02 discloses termination of a material definitive agreement and incorporates Item 1.01 by reference. Without access to Item 1.01's content, the specific nature of the terminated agreement cannot be determined. The termination could relate to M\u0026A activity, a material contract, or other significant business arrangements. Given the materiality threshold of Item 1.02 and the cross-reference structure, this is material but cannot be classified into a more specific event type without the referenced Item 1.01 details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:36:54.765168+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2019,"accession_number":"0001437749-26-018604","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation by incorporating Item 1.01 by reference. Without access to Item 1.01's content, the specific nature of the obligation cannot be determined. Item 1.01 typically covers material acquisitions, dispositions, or business combinations. Given the cross-reference structure and the materiality threshold of Item 2.03, this is material but the precise event type (ma_activity, covenant_breach, or other) remains ambiguous without the referenced Item 1.01 text.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:36:54.765168+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2017,"accession_number":"0001437749-26-018604","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"While Item 1.01 formally discloses a credit agreement, the substance of this filing centers on financing for a material acquisition. The Credit Agreement is explicitly structured to fund \"in part the purchase price of the Transaction\" — the acquisition of assets and real property from National Health Investors, Inc. pursuant to a Purchase and Sale Agreement dated April 21, 2026. The $475 million term loan and $50 million revolving facility are directly conditioned on and contemplated to close simultaneously with the asset acquisition expected in Q3 2026. This is a material M\u0026A activity with integrated financing, not a standalone credit facility disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:36:54.765168+00:00","company_name":"NATIONAL HEALTHCARE CORP","ticker":"NHC","filing_date":"2026-05-27"},{"id":2018,"accession_number":"0001437749-26-018604","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 1.02 discloses termination of a material definitive agreement and incorporates Item 1.01 by reference. Without access to Item 1.01's content, the specific nature of the terminated agreement cannot be determined. The termination could relate to M\u0026A activity, a material contract, or other significant business arrangements. Given the materiality threshold of Item 1.02 and the cross-reference structure, this is material but cannot be classified into a more specific event type without the referenced Item 1.01 details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:36:54.765168+00:00","company_name":"NATIONAL HEALTHCARE CORP","ticker":"NHC","filing_date":"2026-05-27"},{"id":2019,"accession_number":"0001437749-26-018604","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation by incorporating Item 1.01 by reference. Without access to Item 1.01's content, the specific nature of the obligation cannot be determined. Item 1.01 typically covers material acquisitions, dispositions, or business combinations. Given the cross-reference structure and the materiality threshold of Item 2.03, this is material but the precise event type (ma_activity, covenant_breach, or other) remains ambiguous without the referenced Item 1.01 text.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:36:54.765168+00:00","company_name":"NATIONAL HEALTHCARE CORP","ticker":"NHC","filing_date":"2026-05-27"}]}