Enhabit director logs share dispositions in merger
Enhabit, Inc. director Jeffrey Bolton reported share dispositions connected to the company’s merger.
Rhea-AI Filing Summary
Enhabit, Inc. director Jeffrey Bolton reported share dispositions connected to the company’s merger. On May 15, 2026, he disposed of 80,682 shares of common stock to the issuer at $13.80 per share, leaving no shares directly held afterward. A separate entry shows 48,000 shares disposed to the issuer at the same price, reflecting the cancellation and cash-out mechanics under the merger agreement.
On May 13, 2026, Bolton also reported a bona fide gift of 11,000 common shares. Under the Agreement and Plan of Merger, each outstanding Enhabit common share and each deferred stock unit was automatically canceled and converted into the right to receive $13.80 in cash, less applicable taxes and withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,000 shares gifted
Gift
3 txns
Insider
Bolton Jeffrey
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 48,000 | $13.80 | $662K |
| Disposition | Common Stock | 80,682 | $13.80 | $1.11M |
| Gift | Common Stock | 11,000 | $13.80 | $152K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Pursuant to the Agreement and Plan of Merger ('Merger Agreement'), dated as of February 22, 2026, by and among Enhabit, Inc. (the 'Company'), Anchor Parent, LLC ('Parent'), and Anchor Merger Sub, Inc., a wholly owned subsidiary of Parent (Merger Sub), 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 (the 'Surviving Corporation'). At the effective time of the Merger (the 'Effective Time'), each share of the Company's common stock, par value $0.01 per share, that was issued and outstanding immediately prior to the Effective Time was automatically canceled and converted into the right to receive $13.80 in cash (the 'Merger Consideration').
- F2. Represents deferred stock units ('DSUs'). Each DSU represents a contingent right to receive one share of common stock of the Company. Pursuant to the Merger Agreement, each DSU that was outstanding as of immediately prior to the Effective Time, was automatically canceled and converted into the right to receive the Merger Consideration, without interest less applicable taxes and withholding.
Key Figures
Issuer disposition 1: 80,682 shares at $13.80
Issuer disposition 2: 48,000 shares at $13.80
Gifted shares: 11,000 shares at $13.80
+2 more
5 metrics
Issuer disposition 1
80,682 shares at $13.80
Common Stock disposed to issuer on May 15, 2026
Issuer disposition 2
48,000 shares at $13.80
Common Stock disposed to issuer on May 15, 2026
Gifted shares
11,000 shares at $13.80
Bona fide gift of Common Stock on May 13, 2026
Merger consideration
$13.80 per share
Cash paid for each Enhabit common share and DSU
Post-transaction holdings
0 shares
Direct common stock after issuer disposition entry
Key Terms
Agreement and Plan of Merger, Merger Consideration, deferred stock units, bona fide gift
4 terms
Agreement and Plan of Merger financial
"Pursuant to the Agreement and Plan of Merger ('Merger Agreement'), 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.
Merger Consideration financial
"converted into the right to receive $13.80 in cash (the 'Merger Consideration')."
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
deferred stock units financial
"Represents deferred stock units ('DSUs'). Each DSU represents a contingent right to receive one share..."
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.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enhabit (EHAB) director Jeffrey Bolton report?
Jeffrey Bolton reported dispositions of Enhabit common stock and a gift. He disposed of shares to the issuer at $13.80 per share in connection with a merger and also made a bona fide gift of 11,000 shares shortly before the cash-out.
How were Enhabit (EHAB) deferred stock units treated in the merger?
Each deferred stock unit, representing a contingent right to one Enhabit share, was automatically canceled at the merger’s effective time. In exchange, each unit converted into the right to receive the same $13.80 per-share cash merger consideration, less applicable taxes and withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
