Enhanced Group director buys 133K shares

Entities tied to director and 10% owner Christian Angermayer bought 133,107 ENHA Class A shares in open-market transactions at about $1.58 per share.

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 2, 2026, 107,693 shares were purchased at $1.5751 per share, and on September 3, 2026, 25,414 shares were purchased at $1.5799 per share.

The shares are held of record by Apeiron Investment Group Ltd. as nominee for Enhanced Holdings LP. Apeiron, Enhanced Holdings GP (as general partner of Enhanced Holdings LP), and Mr. Angermayer may be deemed to share beneficial ownership of these securities, and Mr. Angermayer disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Net Buyer: 133,107 shares

Net Buy 2 txns

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

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

Bought 133,107 shs ($210K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1	25,414	$1.5799	$40K
Purchase	Class A Common Stock F1	107,693	$1.5751	$170K

Holdings After Transaction: Class A Common Stock — 37,084,058 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 2, 2026: 107,693 shares Price per share September 2, 2026: $1.5751 per share Shares purchased September 3, 2026: 25,414 shares +2 more

5 metrics

Shares purchased September 2, 2026 107,693 shares Class A Common Stock bought in open-market or private transaction

Price per share September 2, 2026 $1.5751 per share Purchase of 107,693 Class A Common Stock shares

Shares purchased September 3, 2026 25,414 shares Class A Common Stock bought in open-market or private transaction

Price per share September 3, 2026 $1.5799 per share Purchase of 25,414 Class A Common Stock shares

Total shares purchased 133,107 shares Aggregate of reported purchases on September 2 and 3, 2026

Key Terms

Class A Common Stock, beneficial ownership, pecuniary interest, general partner

4 terms

Class A Common Stock financial

"reported that entities associated with Christian Angermayer made purchases of Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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"

general partner financial

"Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP"

A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.

FAQ

What insider transactions did ENHA report in this Form 4?

ENHA reported two open-market purchases of Class A Common Stock by entities associated with Christian Angermayer, totaling 133,107 shares bought on September 2 and 3, 2026 at prices around $1.58 per share.

How many ENHA shares were bought on September 2, 2026?

On September 2, 2026, entities associated with Christian Angermayer purchased 107,693 shares of ENHA Class A Common Stock at a price of $1.5751 per share in an open-market or private transaction.

How many ENHA shares were bought on September 3, 2026 and at what price?

On September 3, 2026, entities associated with Christian Angermayer purchased 25,414 shares of ENHA Class A Common Stock at a price of $1.5799 per share in an open-market or private transaction.

Who is reported as holding the ENHA shares purchased in this Form 4?

The purchased ENHA shares are held of record by Apeiron Investment Group Ltd. as nominee for Enhanced Holdings LP. Apeiron is linked to Enhanced Holdings GP, the general partner of Enhanced Holdings LP.

What is Christian Angermayer’s relationship to the entities holding ENHA shares?

Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, the general partner of Enhanced Holdings LP. He may be deemed to share beneficial ownership but disclaims it except for his pecuniary interest.

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

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that these ENHA share purchases were made pursuant to a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/04/2026 - 04:31 PM Accepted by SEC EDGAR 09/04/2026 - 04:30 PM 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)
09/02/2026

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	09/02/2026		P		107,693	A	$1.5751	37,058,644	I	See Footnote(1)
Class A Common Stock	09/03/2026		P		25,414	A	$1.5799	37,084,058	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	09/04/2026
	Enhanced Holdings GP, By: Apeiron Investment Group Ltd., its sole stockholder, By: /s/ Sanad Abushala, Director	09/04/2026
	Enhanced Holdings LP, By: Enhanced Holdings GP, its general partner, By: Apeiron Investment Group Ltd., its sole stockholder, By: /s/ Sanad Abushala, Director	09/04/2026
	/s/ Christian Angermayer	09/04/2026
	** 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)