EHAB Insider Adds $150K in Stock, Signals Confidence in Enhabit

Rhea-AI Filing Summary

Enhabit (NYSE:EHAB) filed a Form 4 on 28 June 2025 reporting that director Stuart M. McGuigan acquired 15,773 common shares on 26 June 2025 at $9.51 per share. The open-market purchase, coded "A" for acquisition, raises his direct beneficial ownership to 67,322 shares, a ~23% increase versus his prior holding. No derivative securities or additional insiders were disclosed, and the filing does not reference a Rule 10b5-1 trading plan. Aside from this single transaction, the statement contains no other material events, financial data, or explanatory footnotes.

Positive

• Director Stuart M. McGuigan purchased 15,773 shares at $9.51, increasing his direct ownership by 23% to 67,322 shares

Negative

• None.

Insights

Equity Analyst

TL;DR: Modest insider buy lifts confidence but dollar amount is small; limited valuation impact.

The acquisition adds roughly $150 K of personal capital at a price that implies management’s view of fair value near $10. While the 23% increase in McGuigan’s stake exceeds the 5% materiality threshold for insider reports, the absolute size remains immaterial to Enhabit’s market capitalization. Historically, clusters of insider buying are more predictive than single trades; with only one director purchasing, the signal is neutral-to-slightly-positive. No derivative hedges were reported, which supports a genuine long exposure. Investors may view the filing as a mild vote of confidence rather than a catalyst.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCGUIGAN STUART M

(Last) (First) (Middle)

6688 N. CENTRAL EXPRESSWAY, SUITE 1300

(Street)

DALLAS TX 75206

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Enhabit, Inc. [ EHAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/26/2025		A		15,773	A	$9.51	67,322	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Sarah W. Braley, Attorney in Fact	06/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many EHAB shares did Director Stuart M. McGuigan buy on 26-Jun-2025?

He acquired 15,773 common shares at a price of $9.51 per share.

What is Stuart M. McGuigan's total direct ownership after the transaction?

Following the purchase, he directly owns 67,322 EHAB shares.

Was the transaction executed under a Rule 10b5-1 trading plan?

The filing did not indicate use of a Rule 10b5-1 plan; the corresponding box remains unchecked.

Did the Form 4 report any derivative security transactions?

No. Table II shows zero derivative securities acquired or disposed of.