ENSG.NASDAQEnsign Group, INC

Form 4: Ensign Group CFO Suzanne Snapper Reports Tax-Related Stock Disposal

Sentiment:

SEC Form 4 Filing

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Suzanne Snapper, CFO of Ensign Group, reports the disposal of 609 shares of common stock to cover taxes related to a restricted stock award.

Summary

  • Suzanne Snapper, CFO of Ensign Group, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • On May 30, 2024, Ms. Snapper disposed of 609 shares of common stock at a price of $118.49 per share to cover taxes withheld on a restricted stock award.
  • Following the transaction, Ms. Snapper directly owns 254,296 shares of Ensign Group common stock.
  • Additionally, she indirectly owns 59,015 shares through the Eric and Suzanne Snapper Family Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is common for executives with restricted stock awards.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of for tax purposes.

Key Dates

DateDescription
05/30/2019Date of Restricted Stock Award grant that vests in five equal annual installments beginning May 30, 2020.
05/30/2020First vesting date of the Restricted Stock Award.
05/30/2024Date of transaction: Disposal of 609 shares for tax withholding.
06/03/2024Date of signature on the Form 4 filing.

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