Burton Spencer 4

What Happened
Burton Spencer, President and COO of Ensign Group (ENSG), was granted 8,500 shares and a derivative equity award covering 21,250 shares on February 26, 2026. Both awards are reported at $0.00 (no cash paid) and together total 29,750 shares granted. These are grants/awards (transaction code A), not open‑market purchases or sales.

Key Details

• Transaction date and price: February 26, 2026; price reported $0.00; transaction code A = Award/Grant.
• Total shares involved: 8,500 (award) + 21,250 (derivative award) = 29,750 shares granted.
• Vesting: Both awards vest in five equal annual installments beginning February 26, 2027 (see footnotes F1 and F2).
• Shares owned after transaction: Not specified in the supplied filing.
• Filing date and timeliness: Form filed March 2, 2026. This filing appears timely (Form 4 is due within two business days of the reportable transaction).
• Footnotes: F1 — 8,500 shares vest in five equal annual installments starting 2/26/2027. F2 — the derivative award vests in five equal annual installments starting 2/26/2027.

Context
These are equity compensation awards (one direct grant and one derivative award that vests over time), commonly used for executive pay and retention. The derivative award indicates an equity interest that will vest over multiple years (not an immediate exercise or sale), so there is no immediate cash transaction or disposal of shares reported. Such grants are informative about pay structure but do not, by themselves, signal a buy or sell decision by the insider.