Form 4: Encompass Health Executive Sells Shares to Cover Tax Obligations
SEC Form 4
EVP, Gen Counsel & Secretary of Encompass Health Corp, John Patrick Darby, sold 416 shares of common stock to cover tax obligations arising from vesting restricted stock.
Summary
- On February 28, 2025, John Patrick Darby, EVP, Gen Counsel & Secretary of Encompass Health Corp, sold 416 shares of Encompass Health Common Stock.
- The shares were sold at a price of $100.14 per share.
- The sale was executed to cover the insider's tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Darby directly owns 79,710 shares of Encompass Health Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive sold shares to cover tax obligations, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates that an executive sold shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Sale of Encompass Health Common Stock |
| 03/03/2025 | Date of signature on the Form 4 filing |
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