Form 4: Encompass Health CFO Douglas Coltharp Reports Stock Disposals for Tax Obligations

Encompass Health's CFO, Douglas Coltharp, disposed of shares to cover tax obligations related to vesting restricted stock, while also reporting holdings in trusts and by his spouse.

Summary

• Douglas Coltharp, EVP & Chief Financial Officer of Encompass Health Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 24, 2025, 927 shares of Encompass Health common stock were disposed of at a price of $97.53 per share to cover tax obligations.
• On February 25, 2025, an additional 1,079 shares were disposed of at $100.63 per share for the same reason.
• Following these transactions, Mr. Coltharp directly owns 61,111 shares.
• He also indirectly owns 125,631 shares through an irrevocable trust for the benefit of his children and 65,229 shares held by his spouse.
• Mr. Coltharp disclaims beneficial ownership of the shares held by his spouse.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing stock transactions. It's neutral in tone and reflects routine financial activity.

Management Comments

• The reporting person disclaims beneficial ownership of the securities held by his spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common.

Stakeholder Impact

• The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of the total outstanding shares.

Key Dates