HERMAN JOAN E 4

What Happened

• Joan E. Herman, a non-employee director of Encompass Health Corp (EHC), was credited with 85 restricted stock units (RSUs) on April 15, 2026. The Form 4 reports the acquisition as 85 shares at $0.00 (code A — award). Using the April 15 closing price of $105.24, the award is roughly worth $8,945 (the filing shows $0 reported price because these are RSU awards, not a cash purchase).

Key Details

• Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely filing).
• Reported transaction: 85 RSUs, reported price $0.00 (award, code A).
• Shares owned after transaction: not disclosed on the Form 4.
• Footnote: RSUs were credited as dividend-equivalent awards — Encompass paid a $0.19 per-share dividend and additional RSUs were calculated using the dividend and the $105.24 closing price on the payment date.
• No 10b5-1 plan, tax-withholding, or sale indicated.

Context

• This is a routine compensation-related award to a non-employee director (dividend-equivalent RSUs), not an open-market buy or sale. Such awards are common and reflect board compensation mechanics rather than an explicit buy/sell signal from management.