Form 4: Ensign Group CFO Suzanne Snapper Reports Routine Tax-Related Stock Dispositions
Insider Transaction Report
Ensign Group's CFO and Director, Suzanne Snapper, reported the disposition of 1,120 shares of common stock to cover tax obligations related to the vesting of restricted stock awards.
Summary
- Suzanne D. Snapper, Chief Financial Officer and Director of Ensign Group, Inc. (ENSG), filed a Form 4 reporting changes in her beneficial ownership.
- On May 27, 2025, Ms. Snapper disposed of 458 shares of common stock at a price of $147.46 per share. These shares were withheld for taxes related to a Restricted Stock Award (RSA) granted on May 27, 2021, which vests in five equal annual installments beginning May 27, 2022.
- Also on May 27, 2025, an additional 458 shares of common stock were disposed of at $147.46 per share for tax withholding purposes. This disposition was linked to an RSA granted on May 26, 2022, vesting in five equal annual installments starting May 26, 2023.
- On May 28, 2025, Ms. Snapper disposed of 204 shares of common stock at a price of $146.31 per share, also for tax withholding. This related to an RSA granted on May 28, 2020, with five equal annual installments beginning May 28, 2021.
- Following these transactions, Ms. Snapper directly beneficially owns 267,453 shares of common stock.
- Additionally, 59,015 shares are indirectly beneficially owned through the Eric and Suzanne Snapper Family Trust, where Suzanne Snapper and Eric Snapper serve as trustees.
Sentiment
Score: 5
Explanation: The filing is a routine Form 4 reporting tax-related dispositions of shares from restricted stock awards, which is a common occurrence and does not indicate a change in company fundamentals or management's outlook.
Positives
- The dispositions are for tax withholding purposes, indicating the vesting of previously granted restricted stock awards, which is a common form of executive compensation and can align management interests with shareholders.
Negatives
- The reported transactions are routine tax-related dispositions and do not reflect a discretionary sale by the insider, thus not inherently negative for the company's outlook.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.
Related Party Transactions
- 59,015 shares are held indirectly by the Eric and Suzanne Snapper Family Trust, where Suzanne Snapper and her spouse, Eric Snapper, are trustees.
Stakeholder Impact
- Shareholders: The transactions are routine and tax-related, indicating the vesting of executive compensation, which is generally neutral for shareholders. It does not signal a change in management's confidence or company performance.
Key Dates
| Date | Description |
|---|---|
| 05/28/2020 | Grant date of a Restricted Stock Award (RSA) to Suzanne Snapper. |
| 05/27/2021 | Grant date of a Restricted Stock Award (RSA) to Suzanne Snapper. |
| 05/28/2021 | Start of five equal annual installments for the RSA granted on May 28, 2020. |
| 05/26/2022 | Grant date of a Restricted Stock Award (RSA) to Suzanne Snapper. |
| 05/27/2022 | Start of five equal annual installments for the RSA granted on May 27, 2021. |
| 05/26/2023 | Start of five equal annual installments for the RSA granted on May 26, 2022. |
| 05/27/2025 | Transaction date for disposition of 458 shares (tax withholding for 2021 RSA) and 458 shares (tax withholding for 2022 RSA). |
| 05/28/2025 | Transaction date for disposition of 204 shares (tax withholding for 2020 RSA). |
| 05/29/2025 | Date the Form 4 was signed by power of attorney. |
Keywords
SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Award, Tax Withholding, ENSG, Ensign Group, Suzanne Snapper, CFO, Director, Beneficial Ownership
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