Tabak Emily N 4

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.