Marion Tanya Renee 4

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.