Form 4: Ensign Group President and COO Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Spencer Burton, President and COO of Ensign Group, disposed of 352 shares of common stock on May 19, 2025, to cover tax obligations related to a restricted stock award.
Summary
- On May 19, 2025, Spencer Burton, the President and COO of Ensign Group, disposed of 352 shares of common stock.
- The transaction was executed to cover tax obligations arising from a restricted stock award granted on May 18, 2023.
- The restricted stock award vests in five equal annual installments, starting on May 18, 2024.
- The price per share for the disposal was $147.7.
- Following the transaction, Burton directly owns 56,642 shares of Ensign Group common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
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 for tax obligations |
| 05/20/2025 | Date of signature on the Form 4 filing |
Keywords
Ensign Group, ENSG, Spencer Burton, Stock Disposal, Form 4, Restricted Stock Award, Tax Obligations, President and COO
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