Encompass Health (EHC) CFO exercises 27,694 options and sells matching shares
Rhea-AI Filing Summary
Encompass Health Corp EVP & CFO Douglas Coltharp reported a combination of option exercise and share sales in Encompass Health Common Stock. He exercised 27,694 shares from a non-qualified stock option at an exercise price of $32.94 per share and acquired the same number of common shares.
On the same date, he sold a total of 27,694 shares of common stock in open-market transactions at weighted average prices of about $106.83 and $107.28 per share, leaving 69,377 directly held shares. The option grant, originally exercisable until October 28, 2026, now has 0 options remaining after this exercise.
Indirect holdings reported after these transactions include 37,749 shares held by his spouse, 125,631 shares held by an irrevocable trust for the benefit of children, and 27,480 shares held by another irrevocable trust. A footnote states the option terms were adjusted under the 2016 Omnibus Performance Incentive Plan for the spin-off distribution of Enhabit, Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) | 27,694 | $0.00 | -- |
| Exercise | Encompass Health Common Stock | 27,694 | $32.94 | $912K |
| Sale | Encompass Health Common Stock | 27,693 | $106.83 | $2.96M |
| Sale | Encompass Health Common Stock | 1 | $107.28 | $107.28 |
| holding | Encompass Health Common Stock | -- | -- | -- |
| holding | Encompass Health Common Stock | -- | -- | -- |
| holding | Encompass Health Common Stock | -- | -- | -- |
Footnotes (1)
- This per share price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.28 to $107.22, inclusive. The reporting person undertakes to provide to Encompass Health Corporation, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range. The exercise price and number of options reported have been adjusted, pursuant to Article 17 of the 2016 Omnibus Performance Incentive Plan, for the spin-off distribution of the common stock of Enhabit, Inc.