January 16, 2025 · Form 4 insider transaction
Reidy Christopher R bought 375 shares of Encompass Health Corporation at $94.38 per share, a transaction worth $35.4K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
The Directors Deferred Stock Investment Plan of the Company is a non-qualified deferral plan adopted and approved by the Board of Directors, effective November 1, 2007, allowing non-employee directors to make elections during 2024 to defer fixed percentages of their director fees for 2025. The amount each participant defers under the Plan is deducted, on a quarterly basis, from the directors fees the participant would otherwise have received in cash. The deferred fees fund the purchase of the Company's common stock by the Plan administrator in the market for the account of each participating director, and under the terms of the Plan, such stock is entitled to cash dividends that are reinvested by the Plan administrator in the Company's common stock. The number reported represents shares purchased with the quarterly fee deferral and the dividend of $0.17 per share paid on January 15, 2025.; This per share price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $94.25 to $94.38, inclusive. The reporting person undertakes to provide to Encompass Health Corporation, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range.