Burton Spencer 4

What Happened Burton Spencer, President and Chief Operating Officer of Ensign Group (ENSG), disposed of 545 shares in two transactions to cover tax withholding on vested restricted stock. On 2026-05-26 he surrendered 281 shares at $172.42 each ($48,450), and on 2026-05-27 he surrendered 264 shares at $171.97 each ($45,400), for a combined value of approximately $93,850. These were disposals to satisfy tax obligations, not open-market sales for investment purposes.

Key Details

• Transaction dates and prices:
  • 2026-05-26: 281 shares disposed @ $172.42 = $48,450 (code F)
  • 2026-05-27: 264 shares disposed @ $171.97 = $45,400 (code F)
• Total shares surrendered: 545; total value ≈ $93,850.
• Shares owned after the transactions: not specified in this Form 4 filing.
• Footnotes:
  • F1: Withholding relates to a Restricted Stock Award granted 2022-05-26, vesting in five equal annual installments starting 2023-05-26.
  • F2: Withholding relates to a Restricted Stock Award granted 2021-05-27, vesting in five equal annual installments starting 2022-05-27.
• Filing: Form 4 filed 2026-05-28 for transactions on 2026-05-26 and 2026-05-27 — filed within the typical two-business-day window (timely).

Context

• Code F indicates tax withholding (shares surrendered to cover taxes) on vested restricted stock awards. This is a routine administrative transaction and does not necessarily indicate an executive view on the company’s stock price.
• For retail investors, purchases are generally more informative about insider conviction; tax-withholding disposals are common and expected when equity grants vest.