Enhabit director’s shares cashed out at $13.80
Enhabit, Inc. director Gregory S. Rush reported the disposition of his common stock in connection with the company’s merger.
Rhea-AI Filing Summary
Enhabit, Inc. director Gregory S. Rush reported the disposition of his common stock in connection with the company’s merger. Under an Agreement and Plan of Merger among Enhabit, Anchor Parent, LLC, and a merger subsidiary, each Enhabit common share was automatically canceled at the merger’s effective time and converted into the right to receive $13.80 in cash.
Rush reported two issuer dispositions totaling 80,338 shares of common stock at $13.80 per share, leaving him with 0 shares directly owned after the merger closed. The filing also notes that vested deferred stock units were canceled and converted into the same cash merger consideration, less applicable taxes and withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 10,000 | $13.80 | $138K |
| Disposition | Common Stock | 70,338 | $13.80 | $971K |
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
Key Terms
Agreement and Plan of Merger regulatory
Merger Consideration financial
Effective Time regulatory
deferred stock units financial
disposition to issuer financial
FAQ
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What did Enhabit (EHAB) director Gregory S. Rush report in this Form 4?
What happened to Gregory S. Rush’s deferred stock units at Enhabit (EHAB)?
Does Gregory S. Rush own any Enhabit (EHAB) common stock after the merger?
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