Ohlendorf Mark W 4

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.