Hayes Cain A 4
Research Summary
AI-generated summary
Encompass Health (EHC) Director Hayes Cain Receives RSU Award
What Happened
Hayes Cain, a director of Encompass Health Corp (EHC), was credited with an award of 4 restricted stock units (RSUs) on July 15, 2026. The Form 4 reports an acquisition-type transaction (code A) for 4 RSUs at $0.00 acquisition price; using the closing share price ($109.88) those 4 RSUs have an approximate market value of $439.52.
Key Details
- Transaction date: 2026-07-15; Form 4 filed: 2026-07-16 (timely filing).
- Transaction type/code: Award/Grant (A). Reported acquisition price: $0.00.
- Shares/units credited: 4 RSUs. Implied market value at close ($109.88): ≈ $440.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: RSUs were credited as dividend-equivalent awards tied to the $0.19 per-share dividend paid on July 15, 2026; closing price on the dividend payment date was $109.88 (see F1).
Context
This was a routine dividend-equivalent RSU credit to a non-employee director, not an open-market purchase or sale. Such awards reflect dividend reinvestment in the form of RSUs and do not by themselves indicate a buy/sell decision by the insider.