Enhabit, Inc.·4

May 15, 12:39 PM ET

Marion Tanya Renee 4

4 · Enhabit, Inc. · Filed May 15, 2026

Research Summary

AI-generated summary of this filing

Updated

Enhabit (EHAB) CHRO Marion Tanya Renee Sells 210,437 Shares

What Happened

  • Marion Tanya Renee, Chief Human Resources Officer of Enhabit, reported dispositions tied to the company’s merger. A total of 210,437 shares (including vested RSUs and PSUs) were converted and disposed to the issuer at $13.80 per share, generating aggregate proceeds of $2,904,031. Several corresponding entries show awards/vestings immediately followed by dispositions to the issuer — reflecting conversion of equity awards into cash under the merger.

Key Details

  • Transaction date: May 15, 2026; Price per share: $13.80.
  • Total shares converted/disposed: 210,437; Total cash received: $2,904,031.
  • Reported transaction types: A = award/grant (vesting of RSUs/PSUs), D = disposition to issuer (conversion/cash-out).
  • Footnotes: Transactions occurred under the Merger Agreement — outstanding common shares were canceled and converted into $13.80 in cash per share; RSUs and PSUs vested (per specified performance multipliers) and were converted to cash per the agreement.
  • Shares owned after transaction: The merger cancelled outstanding common stock and converted awards into cash; the filing reflects conversion rather than continued common-stock ownership.
  • Filing date / timeliness: Report filed May 15, 2026 (no late filing indicated in the provided data).

Context

  • These were not open-market sales: the dispositions result from the company being acquired, which automatically cancelled stock and converted equity awards to cash consideration.
  • RSUs and PSUs were treated differently in the Merger Agreement (some vested at specified performance assumptions and then converted to cash); this is a cash-out of equity rather than a discretionary insider sale and doesn't on its own signal buying/selling sentiment.

Insider Transaction Report

Form 4Exit
Period: 2026-05-15
Marion Tanya Renee
Chief Human Resources Officer
Transactions
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-05-15$13.80/sh1,712$23,6260 total(indirect: By Spouse)
  • Disposition to Issuer

    Common Stock

    [F1]
    2026-05-15$13.80/sh51,531$711,12851,808 total
  • Disposition to Issuer

    Common Stock

    [F2]
    2026-05-15$13.80/sh53,520$738,5760 total
  • Award

    Common Stock

    [F3]
    2026-05-15$13.80/sh+37,558$518,30037,558 total
  • Disposition to Issuer

    Common Stock

    [F3]
    2026-05-15$13.80/sh37,558$518,3000 total
  • Award

    Common Stock

    [F4]
    2026-05-15$13.80/sh+44,514$614,29344,514 total
  • Disposition to Issuer

    Common Stock

    [F4]
    2026-05-15$13.80/sh44,514$614,2930 total
  • Award

    Common Stock

    [F5]
    2026-05-15$13.80/sh+21,602$298,10821,602 total
  • Disposition to Issuer

    Common Stock

    [F5]
    2026-05-15$13.80/sh21,602$298,1080 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

Documents

1 file
  • 4
    wk-form4_1778863185.xmlPrimary

    FORM 4