SCHLICHTING NANCY M 4

What Happened Nancy M. Schlichting, a director of Encompass Health Corp (EHC), was credited with 40 restricted stock units (RSUs) on July 15, 2026. The Form 4 reports an award (transaction code A) of 40 shares at a reported acquisition price of $0.00. Using the closing price on the dividend payment date ($109.88), the implied market value of the award is about $4,395.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 16, 2026 (timely).
• Reported transaction type/code: Award (A); acquisition price reported as $0.00.
• Shares credited: 40 RSUs; implied value ≈ 40 × $109.88 = $4,395.
• Footnote: RSUs were credited as dividend equivalents — the number of RSUs equals (existing RSUs × dividend per share) ÷ closing price on the dividend payment date. Dividend was $0.19/share and closing price was $109.88.
• Shares owned after transaction: not specified in the summary provided on this filing.

Context These RSUs are dividend-equivalent credits under the company’s director RSU award agreements and are a routine, non-cash compensation mechanism (not an open-market purchase or sale). Such dividend-linked RSU credits are common for non-employee directors and do not, by themselves, indicate a change in the director’s market view.