Director at Encompass Health (NYSE: EHC) gains stock via RSUs and deferrals
Rhea-AI Filing Summary
Encompass Health Corp director Edward M. Christie III reported acquiring additional common stock through compensation-related programs. On April 16, he received 261 shares at a weighted average price of $106.17 per share, tied to restricted stock units that accrue additional units when common stock dividends are paid.
The RSU credit was based on a $0.19 per share dividend paid on April 15 and a closing price of $105.24 on that date. He also acquired 9 shares on April 15 through the Directors Deferred Stock Investment Plan, where deferred director fees and associated dividends are used to purchase Encompass Health common stock in the market. Following these awards, he directly holds 7,452 shares of Encompass Health common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Encompass Health Common Stock | 261 | $106.17 | $28K |
| Grant/Award | Encompass Health Common Stock | 9 | $0.00 | -- |
Footnotes (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 April 15, 2026, Encompass Health paid a dividend on its common stock of $0.19 per share and the closing price was $105.24. The transaction reported on this Form 4 is an award of RSUs associated with that dividend payment. The Directors Deferred Stock Investment Plan of the Company is a non-qualified deferral plan adopted and approved by the Board of Directors, effective November 1, 2007, allowing non-employee directors to make elections during 2025 to defer fixed percentages of their director fees for 2026. The amount each participant defers under the Plan is deducted, on a quarterly basis, from the director's fees the participant would otherwise have received in cash. The deferred fees fund the purchase of the Company's common stock by the Plan administrator in the market for the account of each participating director, and under the terms of the Plan, such stock is entitled to cash dividends that are reinvested by the Plan administrator in the Company's common stock. The number reported represents shares purchased with the quarterly fee deferral and the dividend of $0.19 per share paid on April 15, 2026. This per share price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $106.11 to $106.17, 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.