Schochet Barry P. 4

4 · Enhabit, Inc. · Filed May 15, 2026

AI-generated summary of this filing

Updated May 15, 2026

Enhabit (EHAB) Director Barry Schochet Sells Shares

What Happened

Barry P. Schochet, a director of Enhabit, disposed of company equity on 2026-05-15 as part of the announced merger. He had two dispositions: 7,325 shares at $13.80 each for $101,085, and 64,605 shares at $13.80 each for $891,549 — total proceeds of $992,634.
These were dispositions to the issuer under the Merger Agreement (i.e., equity converted into cash), not open-market sales. Such cash-outs are typically a transaction result of the merger rather than an independent trading signal.

Key Details

Transaction date and price: 2026-05-15, $13.80 per share.
- 7,325 shares → $101,085
- 64,605 shares → $891,549
- Total ≈ $992,634
Shares owned after transaction: The filing shows the equity was canceled/converted under the merger; company common stock outstanding was converted to merger consideration (effectively no remaining public common shares).
Notable footnotes:
- F1: Per the Merger Agreement, each outstanding share of common stock was canceled and converted into the right to receive $13.80 in cash.
- F2: Deferred stock units (DSUs) also converted into the same cash Merger Consideration (less taxes/withholding).
Filing/timeliness: Report filed 2026-05-15 (no late filing indicated in the provided excerpt).

Context

Transaction code: D (Disposition to issuer) — this reflects the merger cash-out rather than a voluntary open-market sale by the insider.
For retail investors: merger conversions and DSU cash-outs are routine corporate-event transactions and do not necessarily signal insider sentiment. Purchases or open-market sales outside of a merger are generally more informative about an insider’s view.

Form 4Exit

Period: 2026-05-15

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-05-15$13.80/sh−7,325$101,085→ 64,605 total
Disposition to Issuer
Common Stock
[F2]
2026-05-15$13.80/sh−64,605$891,549→ 0 total

Footnotes (2)

[F1]Pursuant to the Agreement and Plan of Merger ('Merger Agreement'), dated as of February 22, 2026, by and among Enhabit, Inc. (the 'Company'), Anchor Parent, LLC ('Parent'), and Anchor Merger Sub, Inc., a wholly owned subsidiary of Parent ('Merger Sub'), Merger Sub will be merged with and into the Company (the 'Merger'), with the Company surviving the Merger as a wholly owned subsidiary of Parent (the 'Surviving Corporation'). At the effective time of the Merger (the 'Effective Time'), each share of the Company's common stock, par value $0.01 per share, that was issued and outstanding immediately prior to the Effective Time was automatically canceled and converted into the right to receive $13.80 in cash (the 'Merger Consideration).
[F2]Represents deferred stock units ('DSUs'). Each DSU represents a contingent right to receive one share of common stock of the Company. Pursuant to the Merger Agreement, each DSU that was outstanding as of immediately prior to the Effective Time, was automatically canceled and converted into the right to receive the Merger Consideration, without interest less applicable taxes and withholding.

Signature

/s/ Sarah W. Braley, Attorney in Fact|2026-05-15

1 file