Form 4: Encompass Health Corp Executive Charbonneau Sells Shares to Cover Tax Obligations

Elissa Joy Charbonneau, Chief Medical Officer of Encompass Health Corp, sold 364 shares of common stock on February 28, 2025, to cover tax obligations related to vesting restricted stock.

Summary

• On February 28, 2025, Elissa Joy Charbonneau, Chief Medical Officer of Encompass Health Corp, disposed of 364 shares of Encompass Health Common Stock.
• The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock.
• The shares were sold at a price of $100.14 per share.
• Following the transaction, Ms. Charbonneau beneficially owns 16,237.061 shares of Encompass Health Common Stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (sale of shares to cover tax obligations) and does not indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Companies like Select Medical Holdings Corporation (SEM), Kindred Healthcare, and LHC Group also have executives who regularly file Form 4s related to stock transactions.
• The sale of shares to cover tax obligations is a common practice among executives receiving stock-based compensation.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale of shares to cover tax obligations.

Key Dates