Jolley Julie Diane 4
4 · Enhabit, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Enhabit (EHAB) EVP Julie Jolley Receives Merger Cash for Awards
What Happened
- Julie Diane Jolley, Enhabit's Executive VP of Home Health Operations, had a mix of vested awards and outstanding shares converted and canceled under the company's merger. The filing shows acquisitions (vestings) of 129,409 shares (totaling $1,785,844) and dispositions to the issuer of 266,539 shares for $3,678,238 — all at the Merger Consideration of $13.80 per share. These entries reflect RSUs/PSUs vesting and being converted into the right to receive cash under the Merger Agreement, and the subsequent cancellation/repurchase by the issuer.
Key Details
- Transaction date: May 15, 2026; price: $13.80 per share (Merger Consideration).
- Dispositions to issuer: 266,539 shares for $3,678,238 total.
- Grant/acquisitions (vestings) shown: 129,409 shares valued at $1,785,844.
- Post-transaction holdings: shares and units were canceled and converted into cash at the Effective Time of the merger (no outstanding public common shares remain from these awards).
- Relevant footnotes: RSUs became fully vested and converted to cash (F2). 2024, 2025 and 2026 PSUs were vested/concluded at assumed performance levels (153.5%, 170%, 140%, respectively) and converted to the Merger Consideration (F3–F5). Cash payments were subject to applicable taxes and withholding.
- Filing timeliness: report filed with Form 4 dated May 15, 2026 (no late-filing indication in the provided data).
Context
- This is not a market purchase or opportunistic sale; it reflects the automatic conversion/cancellation of equity awards and shares under the Merger Agreement, with cash paid at the agreed $13.80 per share. Such entries are routine in merger transactions and do not, by themselves, signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4Exit
Enhabit, Inc.EHAB
Jolley Julie Diane
EVP of Home Health Operations
Transactions
- Disposition to Issuer
Common Stock
[F1]2026-05-15$13.80/sh−73,591$1,015,556→ 63,539 total - Disposition to Issuer
Common Stock
[F2]2026-05-15$13.80/sh−63,539$876,838→ 0 total - Award
Common Stock
[F3]2026-05-15$13.80/sh+41,784$576,619→ 41,784 total - Disposition to Issuer
Common Stock
[F3]2026-05-15$13.80/sh−41,784$576,619→ 0 total - Award
Common Stock
[F4]2026-05-15$13.80/sh+62,320$860,016→ 62,320 total - Disposition to Issuer
Common Stock
[F4]2026-05-15$13.80/sh−62,320$860,016→ 0 total - Award
Common Stock
[F5]2026-05-15$13.80/sh+25,305$349,209→ 25,305 total - Disposition to Issuer
Common Stock
[F5]2026-05-15$13.80/sh−25,305$349,209→ 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 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.
- [F3]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.
- [F4]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.
- [F5]Represents performance stock units awarded in 2026 ('2026 PSUs'). Pursuant to the Merger Agreement, each 2026 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 140% of target level of performance had been achieved, and each such 2026 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.
Signature
/s/ Sarah W. Braley, Attorney in Fact|2026-05-15