Form 4: Encompass Health EVP Douglas Coltharp Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Douglas Coltharp, EVP & Chief Financial Officer of Encompass Health Corp, reports changes in beneficial ownership of company stock due to tax withholding obligations and spousal holdings.

Summary

  • On February 28, 2025, Douglas Coltharp, EVP & Chief Financial Officer of Encompass Health Corp, reported changes in his beneficial ownership of the company's common stock.
  • 776 shares were disposed of to cover tax withholding obligations related to the vesting of restricted stock at a price of $100.14 per share.
  • Following the transaction, Mr. Coltharp directly owns 60,335 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 held by his spouse.
  • Mr. Coltharp disclaims beneficial ownership of the shares held by his spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reflecting routine transactions. It doesn't convey particularly positive or negative sentiment.

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. This filing indicates the executive's transactions in company stock.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/28/2025Date of transaction (disposal of shares for tax withholding).
03/03/2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.