ELSON CHARLES M 4

What Happened

• Charles M. Elson, a director of Enhabit, disposed of a total of 80,638 economic interests on 2026-05-15: 73,412 shares for $13.80 each ($1,013,086) and 7,226 deferred stock units (DSUs) converted at $13.80 each ($99,719). Total cash received was $1,112,805. These were dispositions to the issuer under the company’s merger agreement (not open-market sales).

Key Details

• Transaction date and price: 2026-05-15 at $13.80 per share.
• Breakdown: 73,412 shares = $1,013,086; 7,226 DSUs = $99,719; total = $1,112,805.
• Shares owned after the transaction: effectively 0 for the converted/cancelled interests (all outstanding common shares and DSUs were converted/cancelled at the Effective Time).
• Footnotes: (F1) Under the Merger Agreement, each outstanding share was cancelled and converted into $13.80 in cash. (F2) DSUs were similarly cancelled and converted into the Merger Consideration, without interest and less applicable taxes/withholding.
• Timeliness: Filing appears contemporaneous with the transaction date (no late filing indicated).

Context

• This was a cash-out under a merger (disposition to issuer) — not an open-market sale — meaning Elson received the negotiated merger consideration rather than selling shares on the market. DSU conversions may be subject to tax withholding. Insider cash-outs tied to corporate transactions are routine and reflect deal terms rather than direct trading sentiment.