Encompass Health (EHC) COO surrenders 506 shares to cover tax withholding
Rhea-AI Filing Summary
Encompass Health Corp executive Patrick William Tuer, EVP and Chief Operating Officer, reported a tax-related share disposition. On the reported date, 506 shares of Encompass Health common stock were withheld or surrendered at $106.15 per share to cover tax withholding obligations from vesting restricted stock. After this tax-withholding disposition, Tuer directly owned 25,982 shares of Encompass Health common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 506 shares
Net Sell
1 txn
Insider
Tuer Patrick William
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Encompass Health Common Stock | 506 | $106.15 | $54K |
Holdings After Transaction:
Encompass Health Common Stock — 25,982 shares (Direct)
Footnotes (1)
- F1. These shares were withheld or surrendered to pay the insider's tax withholding obligations incurred in connection with the vesting of the related restricted stock.
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FAQ
What did Encompass Health (EHC) COO Patrick Tuer report on this Form 4?
Patrick William Tuer reported a tax-withholding disposition of 506 Encompass Health common shares. The shares were withheld or surrendered to satisfy tax obligations triggered by the vesting of related restricted stock, rather than an open-market sale, and were priced at $106.15 per share.
Was the Encompass Health (EHC) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld or surrendered to pay insider tax withholding obligations when restricted stock vested, consistent with transaction code “F” for payment of tax liability using company securities.
What does transaction code "F" mean in the Encompass Health (EHC) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 506 Encompass Health shares were withheld or surrendered specifically to satisfy tax withholding obligations from vesting restricted stock, rather than being sold in the open market.