Hayes Cain A 4

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.