Rodgers Stephan 4

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

AI-generated summary of this filing

Updated May 15, 2026

Enhabit (EHAB) Director Rodgers Stephan Sells 21,338 Shares

What Happened

Rodgers Stephan, a director of Enhabit, reported a disposition to the issuer: 21,338 shares were converted/cashed out at $13.80 per share, for total proceeds of $294,464. This was not an open-market sale but a cash-out under the company’s merger agreement.

Key Details

Transaction date: 2026-05-15
Transaction type/code: Disposition to issuer (D)
Price and value: $13.80 per share; total $294,464
Shares owned after transaction: Not reported in this filing
Timeliness: Filed on 2026-05-15 for the 2026-05-15 transaction (timely)
Footnotes:
- F1: Per the Merger Agreement (dated Feb 22, 2026), at the effective time each outstanding common share was canceled and converted into the right to receive $13.80 in cash.
- F2: Deferred stock units (DSUs) — each representing a contingent right to one share — were likewise cancelled and converted into cash at $13.80 per unit, less taxes/withholding.

Context

This transaction reflects a merger cash-out rather than a voluntary market sale; insiders’ shares and DSUs were automatically converted into the merger consideration. Such merger-related dispositions are routine outcomes of corporate transactions and do not by themselves indicate insider sentiment about future performance.

Form 4Exit

Period: 2026-05-15

Director

Transactions

Disposition to Issuer
Common Stock
[F1][F2]
2026-05-15$13.80/sh−21,338$294,464→ 0 total

Footnotes (2)

[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 deferred stock units ('DSUs'). Each DSU represents a contingent right to receive one share of common stock of the Company. Pursuant to the Merger Agreement, each DSU that was outstanding as of immediately prior to the Effective Time, was automatically canceled and converted into the right to receive the Merger Consideration, without interest less applicable taxes and withholding.

Signature

/s/ Sarah W. Braley, Attorney in Fact|2026-05-15

1 file