Ensign Group (NASDAQ: ENSG) CFO reports tax withholding on vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENSIGN GROUP, INC director and CFO Suzanne D. Snapper reported a routine tax-withholding share disposition related to a prior equity award. On a Restricted Stock Award granted on May 18, 2023, 489 shares of common stock were withheld at $176.66 per share to cover taxes as the award vested in installments beginning May 18, 2024.
After this tax-withholding disposition, she holds 293,383 shares of Ensign Group common stock directly and 56,340 shares indirectly through the Eric and Suzanne Snapper Family Trust. The filing reflects compensation-related share withholding rather than an open-market stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Snapper Suzanne D.
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 489 | $176.66 | $86K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 293,383 shares (Direct, null);
Common Stock — 56,340 shares (Indirect, by Trust)
Footnotes (1)
- These shares relate to taxes withheld on a Restricted Stock Award granted May 18, 2023 that vests in five equal annual installments beginning May 18, 2024. Shares held of record by Suzanne Snapper and Eric Snapper, spouse of the Reporting Person, Trustees of Eric and Suzanne Snapper Family Trust.
Key Figures
Tax-withheld shares: 489 shares
Tax-withholding price: $176.66 per share
Direct holdings after transaction: 293,383 shares
+3 more
6 metrics
Tax-withheld shares
489 shares
Common stock withheld for taxes on Restricted Stock Award
Tax-withholding price
$176.66 per share
Price applied to the 489 withheld shares
Direct holdings after transaction
293,383 shares
Direct ENSIGN GROUP common stock held by CFO after withholding
Indirect trust holdings
56,340 shares
Shares held by Eric and Suzanne Snapper Family Trust
Award grant date
May 18, 2023
Restricted Stock Award grant referenced in the filing
Vesting schedule
Five equal annual installments
Restricted Stock Award vesting beginning May 18, 2024
Key Terms
Restricted Stock Award, tax-withholding disposition, family trust
3 terms
Restricted Stock Award financial
"These shares relate to taxes withheld on a Restricted Stock Award granted May 18, 2023 that vests in five equal annual installments"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to payment of exercise price or tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
family trust financial
"Shares held of record by Suzanne Snapper and Eric Snapper, Trustees of Eric and Suzanne Snapper Family Trust"
FAQ
What insider transaction did ENSIGN GROUP (ENSG) report for CFO Suzanne Snapper?
ENSIGN GROUP reported that CFO Suzanne Snapper had 489 common shares withheld to cover taxes on a Restricted Stock Award. This was classified as a tax-withholding disposition, not an open-market sale, and is tied to equity compensation vesting.
Is the ENSIGN GROUP (ENSG) Form 4 transaction a stock sale by the CFO?
The Form 4 describes a tax-withholding disposition, not an open-market stock sale. Shares were delivered to cover tax liabilities on a Restricted Stock Award, a common administrative step in equity compensation rather than a discretionary buy or sell decision.
What equity award is referenced in ENSIGN GROUP (ENSG) CFO Snapper’s Form 4?
The filing references a Restricted Stock Award granted on May 18, 2023. That award vests in five equal annual installments beginning May 18, 2024, and the 489 shares reported were withheld in connection with related tax obligations as part of this vesting.