Williams Terrance, a director at Encompass Health Corp, recently reported a transaction involving the company’s stock. This filing, dated October 19, 2026, is significant as it demonstrates the company's ongoing efforts to reward its directors through stock dividends.
Background
Encompass Health Corp, identified by the Central Index Key (CIK) 0000785161, operates in the services-hospitals sector. The company was previously known as HealthSouth Corp and has undergone name changes over the years. Its business address is located at 9001 Liberty Parkway, Birmingham, Alabama, with a fiscal year ending on December 31.
What the Filing Says
The recent filing indicates that Terrance Williams acquired 28 shares of Encompass Health common stock on October 15, 2026. The filing states, "The transaction reported on this Form 4 is an award of RSUs associated with that dividend payment." Following this transaction, Williams now owns a total of 16,887 shares of the company.
Impact
This transaction may affect shareholders and potential investors, as it reflects the company's approach to incentivizing its directors through stock awards. The filing emphasizes the importance of aligning the interests of directors with those of the shareholders.
What's Next
The filing does not say what happens next.
Dividend Details
The filing provides additional context regarding the dividend payment associated with the restricted stock units (RSUs). On October 15, 2026, Encompass Health paid a dividend of $0.21 per share on its common stock, which is a key factor in the issuance of the RSUs to directors. The number of RSUs credited to each director is calculated based on the number of RSUs in their account on the dividend record date, multiplied by the per share dividend and divided by the closing price on the dividend payment date, which was $127.77.
Ownership Structure
Following the transaction, Terrance Williams holds a total of 16,887 shares of Encompass Health common stock. The filing indicates that Williams has direct ownership of these shares, further aligning his interests with those of the shareholders. This ownership structure is significant as it underscores the commitment of the company's directors to the long-term success of Encompass Health.
Legal Representation
The filing was signed by Patrick Darby, who acted as attorney-in-fact for Terrance Williams. This indicates that Williams has authorized Darby to represent him in this transaction, which is a common practice in SEC filings to ensure compliance with regulatory requirements.