Jacobsmeyer Barbara Ann 4

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.