Jacobsmeyer Barbara Ann 4
4 · Enhabit, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Enhabit (EHAB) CEO Barbara Jacobsmeyer Sells Shares in Merger
What Happened
Barbara Ann Jacobsmeyer, President, CEO and a director of Enhabit, had multiple equity awards and outstanding shares converted into cash under Enhabit's merger with Anchor Parent. On 2026-05-15 a total of 1,210,474 shares were disposed to the issuer at $13.80 per share (proceeds ≈ $16,704,541). The filing shows both (A) award/vesting events (263,237 and 340,530 shares) that immediately converted and (D) dispositions of previously outstanding shares (413,614; 65,964; 127,129; plus the two converted award amounts).
Key Details
- Transaction date: 2026-05-15; price per share: $13.80.
- Shares converted/disposed: 1,210,474 total; total cash consideration ≈ $16.7 million.
- Shares owned after transaction: common stock was canceled and converted into merger consideration per the merger agreement (effectively zero EHAB common shares outstanding for pre-merger holders).
- Notable footnotes: Transactions occurred under the Agreement and Plan of Merger — outstanding common shares, RSAs, RSUs and PSUs vested as specified and were automatically canceled and converted into the $13.80 per-share merger consideration (less applicable taxes/withholding). 2024 PSUs were treated at 153.5% of target; 2025 PSUs at 170% of target per the merger terms.
- Filing timeliness: Report filed for the period 2026-05-15 on 2026-05-15 (appears timely, no late filing flag).
Context
These were not open-market sales. The dispositions reflect conversion/cancellation of equity and awards into the merger cash consideration (a corporate transaction), not a trader-initiated sale; tax withholding applied to awards as noted in the footnotes. For retail investors, corporate-merger conversions are routine outcomes of takeover deals and do not directly signal typical insider buying/selling intent.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-05-15$13.80/sh−413,614$5,707,873→ 193,093 total - Disposition to Issuer
Common Stock
[F2]2026-05-15$13.80/sh−65,964$910,303→ 127,129 total - Disposition to Issuer
Common Stock
[F3]2026-05-15$13.80/sh−127,129$1,754,380→ 0 total - Award
Common Stock
[F4]2026-05-15$13.80/sh+263,237$3,632,671→ 263,237 total - Disposition to Issuer
Common Stock
[F4]2026-05-15$13.80/sh−263,237$3,632,671→ 0 total - Award
Common Stock
[F5]2026-05-15$13.80/sh+340,530$4,699,314→ 340,530 total - Disposition to Issuer
Common Stock
[F5]2026-05-15$13.80/sh−340,530$4,699,314→ 0 total
Footnotes (5)
- [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 restricted shares ('RSAs'). Each RSA represents a contingent right to receive one share of common stock of the Company. Pursuant to the Merger Agreement, each RSA that was outstanding as of immediately prior to the Effective Time became fully vested and was automatically canceled and converted into the right to receive the Merger Consideration, without interest less applicable taxes and withholding.
- [F3]Represents restricted stock units ('RSUs'). Each RSU represents a contingent right to receive one share of common stock of the Company. Pursuant to the Merger Agreement, each RSU that was outstanding as of immediately prior to the Effective Time, to the extent unvested, became fully vested and was automatically canceled and converted into the right to receive the Merger Consideration, without interest less applicable taxes and withholding.
- [F4]Represents performance stock units awarded in 2024 ('2024 PSUs'). Pursuant to the Merger Agreement, each 2024 PSU that was outstanding as of immediately prior to the Effective Time became vested in the number of shares of Company common stock assuming that 153.5% of target level of performance had been achieved, and each such 2024 PSU was automatically canceled and converted into the right to receive the Merger Consideration, less applicable taxes and withholding, and any unvested portion was automatically canceled for no consideration.
- [F5]Represents performance stock units awarded in 2025 ('2025 PSUs'). Pursuant to the Merger Agreement, each 2025 PSU that was outstanding as of immediately prior to the Effective Time became vested in the number of shares of Company common stock assuming that 170% of target level of performance had been achieved, and each such 2025 PSU was automatically canceled and converted into the right to receive the Merger Consideration, less applicable taxes and withholding, and any unvested portion was automatically canceled for no consideration.