Enhabit (EHAB) director takes 1,340 stock units instead of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ohlendorf Mark W reported acquisition or exercise transactions in this Form 4 filing.
Enhabit, Inc. director Mark W. Ohlendorf received an equity-based compensation award in the form of deferred stock units of common stock. The grant covered 1,340 units valued at $13.99 per unit, elected in lieu of a cash retainer fee under the Enhabit, Inc. Deferred Director Compensation Plan. Following this award, Ohlendorf directly holds 45,867 shares of Enhabit common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ohlendorf Mark W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $13.99 | $19K |
Holdings After Transaction:
Common Stock — 45,867 shares (Direct)
Footnotes (1)
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Key Figures
Deferred stock units granted: 1,340 units
Grant value per unit: $13.99 per unit
Shares held after transaction: 45,867 shares
+1 more
4 metrics
Deferred stock units granted
1,340 units
Equity award in lieu of cash retainer
Grant value per unit
$13.99 per unit
Value used for deferred stock unit award
Shares held after transaction
45,867 shares
Direct holdings following grant
Acquire transactions in filing
1 transaction
Non-derivative acquisition reported in Form 4
Key Terms
deferred stock units, cash retainer fee, Enhabit, Inc. Deferred Director Compensation Plan
3 terms
deferred stock units financial
"Represents deferred stock units acquired in lieu of a cash retainer fee"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
cash retainer fee financial
"acquired in lieu of a cash retainer fee at the election of the Reporting Person"
Enhabit, Inc. Deferred Director Compensation Plan financial
"pursuant to the Enhabit, Inc. Deferred Director Compensation Plan"
FAQ
What did Enhabit (EHAB) director Mark W. Ohlendorf report on this Form 4?
Mark W. Ohlendorf reported receiving 1,340 deferred stock units of Enhabit common stock. These units were granted as an equity-based award instead of a cash retainer, increasing his direct holdings to 45,867 shares after the transaction was completed.
What is the Enhabit (EHAB) Deferred Director Compensation Plan mentioned in the filing?
The plan allows directors to receive deferred stock units instead of cash retainer fees. In this case, Mark W. Ohlendorf elected to take 1,340 units in lieu of cash, aligning part of his compensation with Enhabit’s common stock performance over time.
Was the Enhabit (EHAB) Form 4 transaction an open-market stock purchase or a compensation award?
The transaction was a compensation award, not an open-market purchase. The 1,340 deferred stock units were acquired in lieu of a cash retainer fee under Enhabit’s Deferred Director Compensation Plan, reflecting non-cash director compensation tied to company equity.