Dividend-linked RSU award to Encompass Health (EHC) board member

Rhea-AI Filing Summary

Encompass Health Corp director Joan E. Herman reported an automatic equity award tied to the company’s common stock dividend. On January 15, 2026, she received 87 additional shares of Encompass Health common stock at a price of $0 per share, reflecting dividend-equivalent credits under outstanding restricted stock unit award agreements.

The filing notes Encompass Health paid a $0.19 per share dividend on its common stock on that date, when the stock’s closing price was $102.80. Following this award, Herman beneficially owned 47,839 shares of Encompass Health common stock directly.

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

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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^*

HERMAN JOAN E

(Last) (First) (Middle)

9001 LIBERTY PARKWAY

(Street)

BIRMINGHAM AL 35242

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Encompass Health Corp [ EHC ]

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)
01/15/2026

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
Encompass Health Common Stock	01/15/2026		A		87(1)	A	$0	47,839	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 outstanding restricted stock unit award agreements, additional restricted stock units ("RSUs") are credited to each non-employee director's account in connection with common stock dividend payments, The number of RSUs credited is equal to (a) the product of (i) the number of the RSUs in each director's account on the associated dividend record date and (ii) the per share dividend, divided by (b) the closing price on the dividend payment date. On January 15, 2026, Encompass Health paid a dividend on its common stock of $0.19 per share and the closing price was $102.80. The transaction reported on this Form 4 is an award of RSUs associated with that dividend payment.

	/s/ Patrick Darby, attorney-in-fact for Joan E. Herman	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Encompass Health (EHC) report for Joan E. Herman?

The filing shows that director Joan E. Herman received an automatic award of 87 shares of Encompass Health common stock on January 15, 2026, reported as an acquisition at $0 per share.

How many Encompass Health (EHC) shares does Joan E. Herman own after this transaction?

After the reported award, Joan E. Herman beneficially owned 47,839 shares of Encompass Health common stock, held in direct ownership.

Why did Joan E. Herman receive 87 additional Encompass Health (EHC) shares?

The footnote explains that the 87 shares relate to restricted stock units credited in connection with Encompass Health’s common stock dividend. RSUs are added based on the number of existing RSUs, the $0.19 per share dividend, and the $102.80 closing price on the dividend payment date.

Was Joan E. Herman’s Encompass Health (EHC) transaction a market purchase or a grant?

The transaction was reported with code A (acquisition) at a price of $0 per share, indicating an equity award associated with dividend-equivalent restricted stock units rather than an open-market purchase.

What dividend and share price figures are disclosed in this Encompass Health (EHC) insider filing?

The filing notes that on January 15, 2026 Encompass Health paid a $0.19 per share dividend on its common stock, and the stock’s closing price was $102.80 on the dividend payment date, which are used to calculate the RSU credits.

What is Joan E. Herman’s role at Encompass Health (EHC)?

The insider data identify Joan E. Herman as a director of Encompass Health Corp and not a company officer or 10% owner.