Form 4: Ensign Group CIO Chad Keetch Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chad Keetch, CIO, EVP, and Secretary of Ensign Group, Inc., reports disposing of 386 shares of common stock to cover tax obligations related to a restricted stock award.
Summary
- On May 19, 2025, Chad Keetch, the CIO, EVP, and Secretary of Ensign Group, Inc. (ENSG), disposed of 386 shares of common stock.
- The transaction was executed to cover taxes withheld on a restricted stock award granted on May 18, 2023, which vests in five equal annual installments starting May 18, 2024.
- The price per share for the disposal was $147.7.
- Following the transaction, Keetch directly owns 98,454 shares of Ensign Group, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/18/2023 | Date of Restricted Stock Award grant. |
| 05/18/2024 | First vesting date of the Restricted Stock Award. |
| 05/19/2025 | Date of stock disposal transaction. |
| 05/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, ENSG, Ensign Group, Chad Keetch, Stock Disposal, Restricted Stock Award, Tax Withholding
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