Ohlendorf Mark W 4
4 · Enhabit, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Enhabit (EHAB) Director Mark W. Ohlendorf Sells 45,867 Shares
What Happened
Mark W. Ohlendorf, a director of Enhabit, Inc. (EHAB), disposed of 45,867 shares on 2026-05-15 for $13.80 per share, receiving $632,965 in total. The reported disposition is a conversion/cash-out under the company’s merger agreement — shares were canceled and converted into the $13.80 per-share merger consideration.
Key Details
- Transaction date: 2026-05-15; Price: $13.80 per share; Total proceeds: $632,965.
- Transaction code: D (Disposition to the issuer) under the Merger Agreement.
- Shares owned after transaction: not reported in this filing.
- Footnote F1: Per the Merger Agreement dated Feb 22, 2026, each outstanding share was canceled and converted into $13.80 in cash at the merger’s effective time.
- Footnote F2: Deferred stock units (DSUs), if held, were likewise canceled and converted into the same cash consideration, net of applicable taxes/withholding.
- Filing timeliness: Reported with the period and filing date 2026-05-15 (no late filing indicated).
Context
This was not an open-market sale but a routine cash-out tied to the completed merger (shares/DSUs converted into merger consideration). Such merger-related dispositions are procedural and do not, by themselves, indicate the insider’s future view on the company. Purchases tend to be more informative about insider sentiment; this transaction reflects the contractual merger payout.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2]2026-05-15$13.80/sh−45,867$632,965→ 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.