Enhabit Form 4: Charles M. Elson boosts stake to 72,494 shares

Rhea-AI Filing Summary

Enhabit, Inc. (EHAB) Form 4 filing – insider purchase

Director Charles M. Elson reported an open-market acquisition of 15,773 common shares on 06/26/2025 at $9.51 per share (Transaction Code "A"). After the transaction, his direct beneficial ownership stands at 72,494 shares. No derivative security trades or dispositions were disclosed, and there is no indication the trade was executed under a Rule 10b5-1 plan.

The purchase increases the director’s equity exposure and can be viewed as a personal vote of confidence in Enhabit’s outlook. No other material events or financial metrics were included in the filing.

Positive

• Director Charles M. Elson purchased 15,773 shares at $9.51, increasing his direct stake to 72,494 shares, a potential show of insider confidence.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director’s $150k open-market purchase signals insider confidence; modest but directionally positive for sentiment.

The filing reveals a straightforward insider buy: 15,773 shares at $9.51, implying a cash outlay of roughly $150k. While the absolute value is small relative to typical institutional flows, a director adding 27% more stock (post-purchase stake rises from ~56.7k to 72.5k shares) often serves as a bullish sentiment indicator. No sales, derivatives, or complex structures were reported, reducing interpretive noise. Given the absence of concurrent negative news and the fact that the transaction was not pre-programmed, the event is marginally positive for market perception, though unlikely to be fundamentally material to valuation.

Corporate Governance Expert

TL;DR: Clean, open-market buy enhances alignment between board and shareholders.

From a governance standpoint, insider purchasing—especially by an independent director—tightens incentive alignment and is generally welcomed by investors. The Form 4 shows direct ownership, meaning economic exposure is real, not synthetic. Absence of derivative positions or 10b5-1 shielding reinforces transparency. Although the monetary size is moderate, the optics of board-level commitment can positively influence shareholder engagement and proxy outcomes.

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^*

ELSON CHARLES 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	72,494	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 Enhabit (EHAB) shares did Director Charles M. Elson buy?

He acquired 15,773 common shares.

What was the purchase price disclosed in the Form 4?

The shares were bought at $9.51 each.

What is Charles M. Elson's total EHAB share ownership after the transaction?

He now directly owns 72,494 shares.

What transaction code appears in the EHAB Form 4?

The filing lists code "A" for open-market acquisition.

Were any derivative securities involved in this Form 4 filing?

No, no derivative security transactions were reported.