Director at Enhabit, Inc. (NYSE: EHAB) takes fees as 1,340 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCGUIGAN STUART M reported acquisition or exercise transactions in this Form 4 filing.
Enhabit, Inc. director Stuart M. McGuigan received an equity-based award in the form of 1,340 shares of common stock valued at $13.99 per share. These are deferred stock units granted instead of a cash retainer fee under the company’s Deferred Director Compensation Plan.
After this grant, McGuigan directly holds 75,466 shares of Enhabit common stock. This transaction reflects routine director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCGUIGAN STUART M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $13.99 | $19K |
Holdings After Transaction:
Common Stock — 75,466 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 1,340 shares
Grant value per share: $13.99 per share
Total holdings after grant: 75,466 shares
3 metrics
Shares granted
1,340 shares
Deferred stock units in lieu of cash retainer
Grant value per share
$13.99 per share
Value used for deferred stock unit grant
Total holdings after grant
75,466 shares
Director’s direct Enhabit holdings post-transaction
Key Terms
Deferred Director Compensation Plan, deferred stock units, cash retainer fee
3 terms
Deferred Director Compensation Plan financial
"pursuant to the Enhabit, Inc. Deferred Director Compensation Plan"
deferred stock units financial
"Represents deferred stock units acquired in lieu of a cash retainer fee"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
cash retainer fee financial
"acquired in lieu of a cash retainer fee at the election of the Reporting Person"
FAQ
What did Enhabit (EHAB) director Stuart McGuigan report in this Form 4?
Director Stuart McGuigan reported receiving 1,340 Enhabit shares as an equity award. The grant represents deferred stock units issued instead of a cash retainer fee, reflecting routine director compensation rather than an open-market trade.
Was this Enhabit (EHAB) Form 4 a market purchase or sale?
No, the Form 4 shows a compensation-related acquisition, not a market trade. The A-code transaction reflects a grant of deferred stock units in lieu of a cash director retainer, rather than buying or selling shares on the open market.
What does the Enhabit (EHAB) Deferred Director Compensation Plan involve?
The plan allows directors to receive deferred stock units instead of a cash retainer fee. In this filing, McGuigan elected to take his retainer in Enhabit equity, aligning part of his compensation with the company’s share performance.