Enhanced Group director-linked entities buy 180K shares

Entities linked to a director and major holder of ENHA disclosed indirect open‑market share purchases in early September 2026.

Rhea-AI Filing Summary

Enhanced Group Inc. (ENHA) reported that entities associated with director and ten percent owner Christian Angermayer made open-market purchases of Class A Common Stock. On September 4, 2026, September 8, 2026 and September 9, 2026, Apeiron Investment Group Ltd., as nominee for Enhanced Holdings LP, bought an aggregate of 179,713 shares at per-share prices between $1.57 and $1.61, all reported as indirect ownership. According to the disclosure, Angermayer may be deemed to share beneficial ownership through these entities but disclaims beneficial ownership except to the extent of his pecuniary interest, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 179,713 shares

Net Buy 3 txns

Insider Apeiron Investment Group Ltd., Enhanced Holdings LP, Angermayer Christian

Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner

Bought 179,713 shs ($286K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1	99,342	$1.6043	$159K
Purchase	Class A Common Stock F1	59,337	$1.5686	$93K
Purchase	Class A Common Stock F1	21,034	$1.6116	$34K

Holdings After Transaction: Class A Common Stock — 37,263,771 shares (Indirect, See Footnote)

Footnotes (1)

1. F1. The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Key Figures

Shares purchased September 4, 2026: 21,034 shares at $1.6116 per share Shares purchased September 8, 2026: 59,337 shares at $1.5686 per share Shares purchased September 9, 2026: 99,342 shares at $1.6043 per share +1 more

4 metrics

Shares purchased September 4, 2026 21,034 shares at $1.6116 per share Open-market purchase of ENHA Class A Common Stock reported as indirect ownership

Shares purchased September 8, 2026 59,337 shares at $1.5686 per share Open-market purchase of ENHA Class A Common Stock reported as indirect ownership

Shares purchased September 9, 2026 99,342 shares at $1.6043 per share Open-market purchase of ENHA Class A Common Stock reported as indirect ownership

Total shares purchased 179,713 shares Aggregate of the three reported ENHA Class A Common Stock purchases

Key Terms

beneficial ownership, pecuniary interest, indirect ownership

3 terms

beneficial ownership financial

"may be deemed to share beneficial ownership over the securities reported herein"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest"

indirect ownership financial

"the shares are reported as indirectly owned and nature of ownership is See Footnote"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did ENHA report in this Form 4?

The filing reports three open-market purchases of ENHA Class A Common Stock on September 4, 8 and 9, 2026, totaling 179,713 shares, all reported as indirectly owned through entities associated with director and ten percent owner Christian Angermayer.

How many ENHA shares were bought in each reported transaction?

The reported purchases were 21,034 shares on September 4, 2026 at $1.6116 per share, 59,337 shares on September 8, 2026 at $1.5686 per share, and 99,342 shares on September 9, 2026 at $1.6043 per share.

Who is the reporting person in the ENHA Form 4 and how are the shares held?

The reporting persons are Apeiron Investment Group Ltd., Enhanced Holdings LP and Christian Angermayer. The shares are held of record by Apeiron as nominee for Enhanced Holdings LP and are reported as indirectly owned through these entities.

Does Christian Angermayer claim full beneficial ownership of the ENHA shares?

No. The filing states that Christian Angermayer may be deemed to share beneficial ownership through the entity structure but disclaims beneficial ownership of the securities except to the extent of his pecuniary interest in them.

Were the ENHA insider purchases made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/09/2026 - 07:09 PM EDT Accepted by SEC EDGAR 09/09/2026 - 07:08 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Apeiron Investment Group Ltd.

(Last) (First) (Middle)

TRIQ IS-SALIB TAL-IMRIEHEL

ZONE 3, CBD

(Street)

BIRKIRKARA MALTA 3020

(City) (State) (Zip)

MALTA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Enhanced Group Inc. [ ENHA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A Common Stock	09/04/2026		P		21,034	A	$1.6116	37,105,092	I	See Footnote(1)
Class A Common Stock	09/08/2026		P		59,337	A	$1.5686	37,164,429	I	See Footnote(1)
Class A Common Stock	09/09/2026		P		99,342	A	$1.6043	37,263,771	I	See Footnote(1)

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

1. Name and Address of Reporting Person^*

Apeiron Investment Group Ltd.

(Last) (First) (Middle)

TRIQ IS-SALIB TAL-IMRIEHEL

ZONE 3, CBD

(Street)

BIRKIRKARA MALTA 3020

(City) (State) (Zip)

MALTA

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Enhanced Holdings LP

(Last) (First) (Middle)

TRIQ IS-SALIB TAL-IMRIEHEL

ZONE 3, CBD

(Street)

BIRKIRKARA MALTA 3020

(City) (State) (Zip)

MALTA

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Angermayer Christian

(Last) (First) (Middle)

TRIQ IS-SALIB TAL-IMRIEHEL

ZONE 3, CBD

(Street)

BIRKIRKARA MALTA 3020

(City) (State) (Zip)

MALTA

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

	Apeiron Investment Group Ltd., By: /s/ Sanad Abushala, Director	09/09/2026
	Enhanced Holdings GP, By: Apeiron Investment Group Ltd., its sole stockholder, By: /s/ Sanad Abushala, Director	09/09/2026
	Enhanced Holdings LP, By: Enhanced Holdings GP, its general partner, By: Apeiron Investment Group Ltd., its sole stockholder, By: /s/ Sanad Abushala, Director	09/09/2026
	/s/ Christian Angermayer	09/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)