Form 4: Encompass Health CFO Douglas Coltharp Reports Stock Transaction
SEC Form 4 Filing
Encompass Health's EVP and Chief Financial Officer, Douglas Coltharp, reported a transaction involving the withholding of 12,438 shares to cover tax obligations.
Summary
- Douglas Coltharp, the EVP & Chief Financial Officer of Encompass Health Corp, filed a Form 4 detailing a transaction on January 1, 2025.
- The transaction involved the withholding of 12,438 shares of Encompass Health common stock to cover tax obligations related to the vesting of restricted stock.
- The shares were withheld at a price of $92.35 per share.
- Following the transaction, Coltharp directly owns 58,560 shares of Encompass Health common stock.
- He also indirectly owns 125,631 shares through an irrevocable trust for the benefit of his children and 65,229 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction. It does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any specific trend or issue within the healthcare industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive compensation practices.
- Similar filings are regularly made by executives at comparable healthcare companies such as HCA Healthcare and Tenet Healthcare.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of the stock transaction where shares were withheld for tax obligations. |
| 01/03/2025 | Date the Form 4 was signed. |
Keywords
Form 4, insider trading, stock transaction, Encompass Health, Douglas Coltharp, EHC, CFO, tax withholding, share ownership
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