O'Connor Kevin J. 4
Research Summary
AI-generated summary
Encompass Health Director Kevin J. O'Connor Receives RSU Award
What Happened
- Kevin J. O'Connor, a director of Encompass Health Corp (EHC), was credited with an award of 17 restricted stock units (RSUs) on 2026-04-15. The Form 4 reports an acquisition price of $0.00 for these 17 RSUs; at the closing price on the dividend payment date ($105.24), the award had an approximate market value of $1,789.08.
- This was an award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely filing).
- Reported transaction: 17 RSUs acquired at $0.00.
- Approximate market value at closing price $105.24: 17 × $105.24 = $1,789.08.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: The RSUs were credited under existing director RSU award agreements in connection with Encompass Health’s dividend payment. The April 15, 2026 dividend was $0.19 per share; the number of RSUs credited is based on a formula using the dividend and the closing price (see footnote F1).
Context
- This transaction reflects dividend-equivalent RSUs being credited to a non-employee director’s account — a routine, non-cash award tied to the company’s dividend policy rather than a buy or sell decision by the director.
- Awards like this are common for directors who elect to receive dividends in the form of additional RSUs; they do not by themselves indicate a change in insider sentiment.