Enhabit (EHAB) director’s 80,338 shares cashed out at $13.80 in 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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rush Gregory S

Role null

Type	Security	Shares	Price	Value
Disposition	Common Stock	10,000	$13.80	$138K
Disposition	Common Stock	70,338	$13.80	$971K

Holdings After Transaction: Common Stock — 70,338 shares (Direct, null)

Footnotes (1)

1. 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'). 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

Merger cash consideration: $13.80 per share Shares disposed (larger block): 70,338 shares Shares disposed (smaller block): 10,000 shares +2 more

5 metrics

Merger cash consideration $13.80 per share Cash paid for each Enhabit common share at effective time

Shares disposed (larger block) 70,338 shares Issuer disposition of Enhabit common stock

Shares disposed (smaller block) 10,000 shares Issuer disposition of Enhabit common stock

Total shares disposed 80,338 shares Combined non-derivative dispositions reported on Form 4

Shares held after 0 shares Total Enhabit common stock directly owned post-merger

Key Terms

Agreement and Plan of Merger, Merger Consideration, Effective Time, deferred stock units, +1 more

5 terms

Agreement and Plan of Merger regulatory

"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.

Effective Time regulatory

"At the effective time of the Merger (the 'Effective Time'), each share..."

The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.

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.

disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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

X

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^*

Rush Gregory S

(Last) (First) (Middle)

6688 N. CENTRAL EXPRESSWAY

SUITE 1300

(Street)

DALLAS TEXAS 75206

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

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(1)	05/15/2026		D		10,000	D	$13.8	70,338	D
Common Stock(2)	05/15/2026		D		70,338	D	$13.8	0	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:

1. 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').

2. 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.

Remarks:

	/s/ Sarah W. Braley, Attorney in Fact	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Enhabit (EHAB) director Gregory S. Rush report in this Form 4?

He reported issuer dispositions of Enhabit common stock tied to a merger. His holdings were canceled and converted into the right to receive $13.80 per share in cash, leaving him with no directly owned shares afterward.

How many Enhabit (EHAB) shares did Gregory S. Rush dispose of?

He reported disposing of a total of 80,338 Enhabit common shares. One transaction covered 70,338 shares and another 10,000 shares, both treated as dispositions to the issuer at $13.80 per share in the merger.

What cash amount per share did Enhabit (EHAB) stockholders receive in the merger?

Each share of Enhabit common stock was converted into the right to receive $13.80 in cash. This fixed cash amount, called the Merger Consideration, applied at the merger’s effective time when all outstanding shares were canceled.

What happened to Gregory S. Rush’s deferred stock units at Enhabit (EHAB)?

His deferred stock units were automatically canceled at the merger’s effective time. Each unit, which represented a right to one share, was converted into the right to receive the same $13.80 cash merger consideration, less applicable taxes and withholding.

Does Gregory S. Rush own any Enhabit (EHAB) common stock after the merger?

According to the Form 4, he holds zero shares of Enhabit common stock after the reported transactions. The merger structure canceled his prior equity and replaced it with a cash right of $13.80 per share instead of ongoing share ownership.