NHI signs change-in-control severance agreement with CFO Todd Siefert
National Health Investors entered into a Change in Control Severance Agreement with CFO Todd Siefert, effective July 1, 2026. The agreement sets severance payments and benefits if he is terminated without Cause or resigns for Good Reason within two years after a change in control.
Key points
- Agreement dated and effective July 1, 2026, with Todd Siefert, who signed the filing as Chief Financial Officer
- Lump sum payment of 2.0 times the average of base salary and bonus over the most recent two calendar years, plus a pro-rated target or earned bonus
- 18 months of COBRA coverage and accelerated vesting of time-based equity awards; non-compete and non-solicit run 12 months after severance is paid
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.