Tabak Emily N 4
4 · Enhanced Group Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Enhanced Group (ENHA) CLO Emily Tabak Receives 570,159-Share Award
What Happened
- Emily N. Tabak, Chief Legal Officer of Enhanced Group Inc. (ENHA), was reported on Form 4 as receiving an award of 570,159 derivative securities on May 7, 2026. The filing lists the transaction as an award/acquisition (derivative) with no cash price reported (N/A). This grant arose in connection with the closing of a business combination completed that day.
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (timely within required reporting window).
- Amount: 570,159 derivative securities (reported as an award/acquisition); no purchase price or immediate cash value listed (N/A).
- Footnotes:
- F1/F4 — The award resulted from the business combination (merger and name change) and conversion/exchange of previously outstanding Enhanced options into comparable options for the Issuer (Adjusted by the Exchange Ratio).
- F2 — The acquisition of these stock options is reported as exempt from Section 16(b) per Rule 16b-3; the Form 4 reports the securities acquired via the Business Combination (it does not reflect any open-market purchases).
- F3 — The underlying options were originally granted Oct 29, 2025 and vest monthly over four years from Dec 1, 2025, subject to a one-year cliff.
- Shares owned after transaction: Not specified in the supplied filing details.
Context
- This was an award/derivative transaction tied to the company’s business combination and option exchange — not an open-market buy or sale. The options carry vesting terms (monthly over four years with a one-year cliff) and had their exercise prices adjusted according to the merger exchange ratio. Such grants are common in M&A transactions and do not by themselves indicate immediate buying or selling of stock.
Insider Transaction Report
Form 4
Tabak Emily N
Chief Legal Officer
Transactions
- Award
Stock Option (Right to buy)
[F1][F2][F4][F3]2026-05-07+570,159→ 570,159 totalExercise: $1.23Exp: 2035-10-29→ Class A common stock (570,159 underlying)
Footnotes (4)
- [F1]Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").
- [F2]The acquisition of the Stock Options for Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.
- [F3]The options were originally granted on October 29, 2025 and vest monthly over a four-year period measured from December 1, 2025 (the "Vesting Start Date"), subject to a one-year cliff.
- [F4]In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.
Signature
/s/ Emily Tabak|2026-05-11