Encompass Health (EHC) insider moves shares to family trusts, Form 4
Rhea-AI Filing Summary
Douglas E. Coltharp, EVP & Chief Financial Officer of Encompass Health Corporation (EHC), reported multiple non‑derivative transactions on 08/21/2025. The filing shows transfers involving common stock: 27,480 shares were disposed of by the reporting person’s spouse and simultaneously 27,480 shares were acquired by an irrevocable trust in which the reporting person is a beneficiary. After these moves the reporting person reports 37,749 shares beneficially owned via spouse and 125,631 shares indirectly held by an irrevocable trust for the benefit of children; the reporting person disclaims beneficial ownership of the spouse‑held shares. The report was signed by an attorney‑in‑fact.
Positive
- Transfers were to related trusts/spouse, indicating estate or family planning rather than open‑market sales
Negative
- None.
Insights
TL;DR: Insider moved shares into family trusts; transactions are transfers, not open‑market buys or sales.
The Form 4 shows routine intra‑family and trust transfers by the reporting person’s spouse and an irrevocable trust rather than market purchases or public sales. The net effect disclosed is a reallocation of beneficial ownership among related parties: 27,480 shares moved to an irrevocable trust for which the reporting person is a beneficiary, while 37,749 shares remain reported as held by the spouse with a disclaimer of beneficial ownership by the reporting person. These are governance/estate‑planning style transfers with no cash proceeds reported.
TL;DR: Actions appear consistent with estate planning; disclosure and disclaimer are included.
The filing includes an explicit disclaimer of beneficial ownership for shares held by the spouse and documents transfers to trusts, which aligns with common insider reporting practices to reflect indirect holdings and fiduciary arrangements. The inclusion of an attorney‑in‑fact signature indicates the filing was executed by an authorized representative. No derivative transactions or sales for cash are reported, and the filing provides the explanations required under Section 16 disclosure.