Enhabit SEC Filings

Enhabit, Inc. director Mark W. Ohlendorf reported a disposition of 45,867 shares of common stock at $13.80 per share, with his direct holdings falling to zero. The transaction reflects a cash merger in which each Enhabit share and related deferred stock units were canceled and converted into the right to receive $13.80 in cash, subject to taxes and withholding.

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.

Enhabit, Inc. director Charles M. Elson reported the disposition of his equity in connection with the company’s merger. Under an Agreement and Plan of Merger among Enhabit, Anchor Parent, LLC and Anchor Merger Sub, each share of Enhabit common stock was automatically canceled and converted into the right to receive $13.80 in cash.

Elson reported dispositions of 73,412 and 7,226 shares of common stock at $13.80 per share, reflecting both shares and deferred stock units being canceled for cash consideration. Following these transactions, he reported holding 0 shares directly.

Enhabit, Inc. director Barry P. Schochet reported dispositions of common stock in connection with the company’s cash merger. On May 15, 2026, a total of 64,605 shares of common stock were disposed of to the issuer at $13.80 per share, leaving no common shares directly held after the transaction.

Footnotes explain this occurred under an Agreement and Plan of Merger in which each Enhabit common share was canceled and converted into the right to receive $13.80 in cash. In addition, 7,325 deferred stock units (DSUs), each representing one share of common stock, were also canceled and converted into the same cash merger consideration, less applicable taxes and withholding.

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.

Enhabit, Inc. submitted a Form 25 notifying the New York Stock Exchange LLC of the removal of its Common Stock from listing and/or registration on the Exchange. The filing cites compliance with 17 CFR 240.12d2-2 and states the Exchange has followed its rules.

Enhabit, Inc. has been acquired by Anchor Parent, LLC, an affiliate of Kinderhook Industries, and is becoming a privately held company. The deal values each share of common stock at $13.80 in cash, and the aggregate purchase price for all outstanding shares is approximately $762 million.

At the merger’s effective time, all Enhabit common shares were cancelled and converted into the right to receive the cash consideration, and trading on the NYSE was halted, with delisting and deregistration steps underway. Equity awards, including stock options, RSUs, RSAs and PSUs, were generally vested and cashed out based on the $13.80 per-share amount, with underwater options and certain unvested PSUs cancelled.

In connection with closing, Enhabit’s credit agreement was amended to add $105 million of incremental term loans, bringing total initial term loans to $420 million, and to increase revolving commitments by $40 million to $200 million. These obligations are guaranteed and secured by substantially all assets of the parent, merger subsidiary, Enhabit and certain subsidiaries. Enhabit’s prior board resigned and was replaced by the former Merger Sub directors, and the charter and bylaws were amended and restated.

Enhabit, Inc. Schedule 13G/A reports that Balyasny Asset Management and related reporting persons beneficially own 2,645,992 shares of Enhabit common stock. The filing states this equals approximately 5.22% of the class, based on 50,723,245 shares outstanding as of February 26, 2026, per the issuer's 10-K filed on March 5, 2026. The shares are held by Atlas Diversified Master Fund, Ltd., for which Balyasny acts as investment manager; the filing attributes sole voting and dispositive power over the reported shares to each reporting person by virtue of their roles.

Enhabit, Inc. reports that stockholders have approved its planned merger and go-private transaction. At a special meeting held on May 12, 2026, holders adopted the Agreement and Plan of Merger under which Anchor Merger Sub, Inc. will merge into Enhabit, which will become a wholly owned subsidiary of Anchor Parent, LLC.

As of the April 13, 2026 record date, 51,225,606 common shares were entitled to vote, and 36,341,102 shares (about 71%) were present, constituting a quorum. The merger proposal passed with 36,311,910 votes for, 18,275 against and 10,917 abstaining, and a separate advisory compensation proposal also received majority support. The parties intend to complete the merger on May 15, 2026, after satisfying customary closing conditions, after which Enhabit’s common stock will be delisted from the New York Stock Exchange and will no longer trade publicly.