CARMICHAEL GREG D 4

What Happened

• Greg D. Carmichael, a director of Encompass Health Corp (EHC), was granted 27 restricted stock units (RSUs) on 2026-04-15. The award is reported as an "A" (award/acquisition) at $0.00 per share (standard for RSU grants). Using the closing price on the dividend payment date ($105.24), the economic value of the 27 RSUs is about $2,841.48.
• This was a dividend‑equivalent RSU credit (routine non‑employee director compensation), not a market purchase or sale — typically not a strong bullish/sell signal.

Key Details

• Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely).
• Transaction type/code: Award (A) — 27 RSUs granted at $0.00 per share.
• Implied market value: 27 × $105.24 = ~$2,841.48 (based on closing price used to calculate the award).
• Footnote: RSUs were credited in connection with a $0.19 per‑share cash dividend; the number of RSUs is calculated using the dividend amount and the closing price on the dividend payment date.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• These RSUs are dividend‑equivalent awards to non‑employee directors and are routine compensation rather than a direct purchase or sale of stock. Such awards are common and generally reflect standard director pay practices, not necessarily insider sentiment about future share performance.