STOCK TITAN

Enhabit (NYSE: EHAB) investors back merger ahead of NYSE delisting

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Enhabit, Inc. reports that stockholders have approved its planned merger and go-private transaction. At a special meeting held on May 12, 2026, holders adopted the Agreement and Plan of Merger under which Anchor Merger Sub, Inc. will merge into Enhabit, which will become a wholly owned subsidiary of Anchor Parent, LLC.

As of the April 13, 2026 record date, 51,225,606 common shares were entitled to vote, and 36,341,102 shares (about 71%) were present, constituting a quorum. The merger proposal passed with 36,311,910 votes for, 18,275 against and 10,917 abstaining, and a separate advisory compensation proposal also received majority support. The parties intend to complete the merger on May 15, 2026, after satisfying customary closing conditions, after which Enhabit’s common stock will be delisted from the New York Stock Exchange and will no longer trade publicly.

Positive

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Negative

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Insights

Stockholder approval clears a key hurdle for Enhabit’s go-private merger, with closing targeted for May 15, 2026.

The vote to adopt the Agreement and Plan of Merger removes one of the main conditions for Enhabit’s acquisition by Anchor Parent, LLC. Strong support is evident: 36,311,910 shares voted for the merger proposal versus only 18,275 against, with a solid quorum of 36,341,102 shares present.

The filing also notes approval of a non-binding advisory vote on merger-related executive compensation, reducing risk of governance pushback. Remaining uncertainty centers on “customary closing conditions” and potential litigation or financing issues described in the forward-looking risk language. If closing occurs on May 15, 2026 as planned, Enhabit’s NYSE-listed common stock will be delisted and cease public trading, shifting investors from a public equity to a merger consideration outcome.

Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Shares entitled to vote 51,225,606 shares Common stock issued and outstanding as of April 13, 2026 record date
Shares present (quorum) 36,341,102 shares Shares present or represented by proxy at the special meeting
Merger proposal votes for 36,311,910 votes Votes in favor of adopting the merger agreement
Merger proposal votes against 18,275 votes Votes cast against the merger proposal
Compensation proposal votes for 33,086,210 votes Votes in favor of advisory compensation resolution
Compensation proposal votes against 3,030,210 votes Votes cast against advisory compensation resolution
Intended merger closing date May 15, 2026 Target date to complete merger, subject to closing conditions
Agreement and Plan of Merger financial
"stockholders voted to adopt the Agreement and Plan of Merger, dated as of February 22, 2026"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Special Meeting financial
"At a special meeting of stockholders of Enhabit, Inc. held on May 12, 2026"
A special meeting is a shareholder gathering called outside the regular annual meeting to decide on urgent or specific corporate matters, such as mergers, major asset sales, changes to the board, or shareholder proposals. It matters to investors because decisions made there can quickly alter a company’s strategy, ownership or value—like a sudden boardroom decision that changes the game—so shareholders may need to vote, adjust holdings, or reassess risk based on the outcome.
non-binding, advisory basis financial
"a proposal to approve, on a non-binding, advisory basis, a resolution on certain compensation"
forward-looking statements regulatory
"contains and the Company’s other filings and press releases may contain forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
termination fee financial
"could give rise to the termination of the Merger Agreement, including in circumstances requiring the Company to pay a termination fee"
A termination fee is a payment required if one party ends a contract before its agreed-upon end date. It acts like a penalty or compensation to the other party for canceling early, similar to a fee you might pay for breaking a lease or canceling a service contract. For investors, it matters because it can influence a company's decisions and financial obligations related to ending agreements prematurely.
customary closing conditions financial
"Completion of the Merger remains subject to the satisfaction or waiver of customary closing conditions"
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 12, 2026
Enhabit, Inc.
(Exact name of registrant as specified in its charter)

Delaware001-4140647-2409192
(State or other jurisdiction (Commission(IRS Employer
of incorporation) File Number) Identification No.)

6688 N. Central Expressway, Suite 1300, Dallas, Texas 75206
(Address of principal executive offices, including zip code)
(214239-6500
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareEHABNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐





Item 5.07 Submission of Matters to a Vote of Security Holders.
At a special meeting of stockholders of Enhabit, Inc., a Delaware corporation (the “Company”), held on May 12, 2026 (the “Special Meeting”), the Company’s stockholders voted to adopt the Agreement and Plan of Merger, dated as of February 22, 2026 (the “Merger Agreement”), by and among the Company, Anchor Parent, LLC, a Delaware limited liability company (“Parent”), and Anchor Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”). Pursuant to the Merger Agreement, Merger Sub will be merged with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent.
As of the close of business on April 13, 2026, the record date for the Special Meeting (the “Record Date”), there were 51,225,606 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), issued and outstanding and entitled to vote at the Special Meeting, with each such share entitled to one vote. At the Special Meeting, the holders of a total of 36,341,102 shares (approximately 71%) of Common Stock were present or represented by proxy, constituting a quorum.
At the Special Meeting, the Company’s stockholders considered (i) a proposal to adopt the Merger Agreement (the “Merger Proposal”) and (ii) a proposal to approve, on a non-binding, advisory basis, a resolution on certain compensation that may be paid or become payable to the Company’s named executive officers that is based on or otherwise relates to the Merger (the “Compensation Proposal”). The proposal to approve the adjournment or postponement of the Special Meeting to a later date or dates, if necessary or appropriate, including to solicit additional proxies if there were insufficient votes to approve the Merger Proposal at the time of the Special Meeting, was not voted on at the Special Meeting because there were sufficient votes to approve the Merger Proposal at the Special Meeting. A more complete description of each proposal is set forth in the Company’s definitive proxy statement for the Special Meeting filed with the Securities and Exchange Commission (the “SEC”) on April 14, 2026.
The number of votes cast for or against as well as abstentions, as applicable, with respect to each matter is set forth below.
Proposal 1. The Merger Proposal
Approval of the Merger Proposal required the affirmative vote of the majority of the voting power of the issued and outstanding shares of Common Stock as of the close of business on the Record Date.
The Merger Proposal was approved with the following vote:
Votes For Votes AgainstVotes Abstained
36,311,91018,27510,917
Proposal 2. The Compensation Proposal
Approval of the Compensation Proposal required the affirmative vote of the majority of the outstanding shares of Common Stock as of the close of business on the Record Date entitled to vote on the Compensation Proposal and present or represented by proxy at the Special Meeting.
The Compensation Proposal was approved with the following vote:
Votes For Votes AgainstVotes Abstained
33,086,2103,030,210224,682
Item 8.01 Other Events.
Following receipt of the approval of the Merger Proposal, the parties intend to complete the Merger on May 15, 2026. Completion of the Merger remains subject to the satisfaction or waiver of customary closing conditions set forth in the Merger Agreement that by their nature are to be satisfied at the closing of the Merger. Following the Merger, the Common Stock will be delisted from the New York Stock Exchange and shares of the Common Stock will cease to be publicly traded.



Forward-Looking Statements
This Current Report on Form 8-K contains and the Company’s other filings and press releases may contain forward-looking statements, which include all statements that do not relate solely to historical or current facts, such as statements regarding the Company’s expectations, intentions or strategies regarding the future. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “aim,” “potential,” “continue,” “ongoing,” “goal,” “can,” “seek,” “target” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. These forward-looking statements are based on Company management’s current beliefs, as well as assumptions made by, and information currently available to, the Company, all of which are subject to change. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected and are subject to a number of known and unknown risks and uncertainties, including: (i) the risk that the proposed Merger may not be completed in a timely manner or at all, which may adversely affect the Company’s business and the price of the Common Stock; (ii) the occurrence of any fact, event, change, development or circumstance that could give rise to the termination of the Merger Agreement, including in circumstances requiring the Company to pay a termination fee; (iii) the effect of the announcement or pendency of the proposed Merger on the Company’s business relationships, operating results and business generally; (iv) risks that the proposed Merger disrupts the Company’s current plans and operations; (v) the Company’s ability to retain and hire key personnel and maintain relationships with key business partners and customers, and others with whom it does business, in light of the proposed Merger; (vi) risks related to the diversion of management’s attention from the Company’s ongoing business operations; (vii) unexpected costs, charges or expenses resulting from the proposed Merger; (viii) the ability of Parent to obtain financing for the proposed Merger; (ix) litigation relating to the proposed Merger that has and could be instituted against the parties to the Merger Agreement or their respective directors, managers or officers, including the effects of any outcomes related thereto; (x) continued availability of capital and financing; (xi) certain restrictions during the pendency of the proposed Merger that may impact the Company’s ability to pursue certain business opportunities or strategic transactions; and (xii) other risks described in the Company’s filings with the SEC, such risks and uncertainties described under the headings “Cautionary Note Regarding Forward-Looking Statements,” “Risk Factors” and other sections of the Company’s Annual Report on Form 10-K filed with the SEC on March 5, 2026 and subsequent filings. No list or discussion of risks or uncertainties should be considered a complete statement of all potential risks and uncertainties. Unlisted or unknown factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, and legal liability to third parties and similar risks, any of which could have a material adverse effect on the completion of the proposed Merger and/or the Company’s consolidated financial condition, results of operations or liquidity. The forward-looking statements speak only as of the date they are made. The Company undertakes no obligation to provide revisions or updates to any forward-looking statements, whether as a result of new information, future events or otherwise, should circumstances change, except as otherwise required by law.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
ENHABIT, INC.
By:/s/ Dylan C. Black
Name:Dylan C. Black
Title:General Counsel
Dated: May 12, 2026

FAQ

What did Enhabit (EHAB) stockholders approve at the special meeting?

Stockholders approved the Agreement and Plan of Merger under which Anchor Merger Sub, Inc. will merge into Enhabit. The company will become a wholly owned subsidiary of Anchor Parent, LLC following completion of the transaction, subject to customary closing conditions.

How many Enhabit (EHAB) shares were entitled to vote and formed a quorum?

As of April 13, 2026, 51,225,606 Enhabit common shares were issued, outstanding, and entitled to vote. At the special meeting, 36,341,102 shares, approximately 71% of those eligible, were present or represented by proxy, which constituted a valid quorum.

What were the Enhabit (EHAB) merger proposal voting results?

The merger proposal received 36,311,910 votes for, 18,275 votes against, and 10,917 abstentions. Approval required a majority of the voting power of issued and outstanding common shares as of the record date, and this threshold was met at the special meeting.

When is Enhabit’s merger expected to close and what happens to EHAB shares?

The parties intend to complete the merger on May 15, 2026, subject to customary closing conditions. After completion, Enhabit’s common stock will be delisted from the New York Stock Exchange and shares will cease to be publicly traded, ending public market trading in EHAB.

What key risks to completing the Enhabit (EHAB) merger are highlighted?

The filing cites risks including potential failure to close the merger, possible termination of the merger agreement, financing risks for the buyer, business disruption, loss of key personnel or partners, unexpected costs, and merger-related litigation, any of which could materially affect completion or Enhabit’s financial condition.

Filing Exhibits & Attachments

3 documents