Form 4: Encompass Health Corp Executive Edmund Fay Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Edmund Fay, Sr. Vice President and Treasurer of Encompass Health Corp, reported disposing of shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- On February 24, 2025, Edmund Fay, Sr. Vice President and Treasurer of Encompass Health Corp, disposed of 374 shares of Encompass Health Common Stock at a price of $97.53.
- On February 25, 2025, Edmund Fay disposed of 384 shares of Encompass Health Common Stock at a price of $100.63.
- These disposals were to cover the insider's tax withholding obligations incurred in connection with the vesting of related restricted stock.
- Following these transactions, Edmund Fay beneficially owns 100,432 shares of Encompass Health Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. The stock disposal is related to tax obligations, which is a normal part of executive compensation. It doesn't necessarily indicate a positive or negative outlook for the company.
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.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it is a small percentage of the total outstanding shares and is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Edmund Fay disposed of 374 shares of Encompass Health Common Stock at $97.53. |
| 02/25/2025 | Edmund Fay disposed of 384 shares of Encompass Health Common Stock at $100.63. |
| 02/26/2025 | Date of signature by attorney-in-fact for Edmund Fay. |
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