Encompass Health amends LTIP with TSR modifier, adds retirement clause; grants $2.83M in restricted stock

Encompass Health Corp

LTIP awards now include relative TSR modifier: 75th percentile multiplies shares by 1.25 (capped at 200% of target), 25th percentile by 0.75.
New 'good leaver' retirement clause allows full vesting upon retirement if conditions met (180-day notice, no violation, cooperation).
One-time restricted stock grants: Douglas Coltharp $1.925M, Patrick Darby $908,000, cliff-vest at 3 years.
One-time grants do not include the retirement clause.

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