Hayes Cain A 4
4 · Encompass Health Corp · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Encompass Health (EHC) Director Hayes Cain Receives RSU Award
What Happened
Hayes Cain A, a non-employee director of Encompass Health Corp (EHC), was awarded 1 restricted stock unit (RSU) on April 15, 2026. The Form 4 lists the transaction as an award/grant (code A) for 1 share at $0.00. The award is associated with the company's dividend paid that day; the closing price was $105.24, implying an approximate market value of ~$105 for the 1 RSU on the payment date.
Key Details
- Transaction date: 2026-04-15; reported on Form 4 filed 2026-04-16 (timely — filed one day after the transaction).
- Transaction type/code: Award/Grant (A). Reported price: $0.00; reported aggregate value: $0.
- Number of shares awarded: 1 RSU. Implied market value using closing price on dividend date: ~$105.24.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: RSUs were credited to non-employee directors in connection with a $0.19 per-share dividend; the number of RSUs credited is calculated by (existing RSUs × dividend) ÷ closing price on dividend payment date. This award reflects that dividend-related RSU crediting.
Context
This is a routine, dividend-related director compensation credit (not a market purchase or sale). Such RSU awards are common for non-employee directors and do not by themselves indicate insider buying or selling intent. The Form 4 reports the award value as $0.00 because it records an award; implied market value can be estimated from the closing price on the payment date.
Insider Transaction Report
- Award
Encompass Health Common Stock
[F1]2026-04-15+1→ 458 total
Footnotes (1)
- [F1]Pursuant to outstanding restricted stock unit award agreements, additional restricted stock units ("RSUs") are credited to each non-employee director's account in connection with common stock dividend payments, The number of RSUs credited is equal to (a) the product of (i) the number of the RSUs in each director's account on the associated dividend record date and (ii) the per share dividend, divided by (b) the closing price on the dividend payment date. On April 15, 2026, Encompass Health paid a dividend on its common stock of $0.19 per share and the closing price was $105.24. The transaction reported on this Form 4 is an award of RSUs associated with that dividend payment.