8-K
filed July 5, 2022, 7:59 PM ET
ticker EHAB
CIK 0001803737
other material
confidence high
sentiment neutral
materiality 1.00
Enhabit completes spin-off from Encompass Health, trades as EHAB; borrows $570M, appoints two directors
Enhabit, Inc.
- Spin-off effective July 1, 2022; Encompass shareholders received 1 EHAB share per 2 Encompass shares.
- Borrowed $400M Term Loan A and $170M revolver; used $566.6M to pay Encompass.
- Board expanded to 11 directors; appointed Tina Brown-Stevenson and Susan La Monica.
- Adopted 2022 Omnibus Performance Incentive Plan, Change in Control Benefits Plan, and Executive Severance Plan.
- Amended charter to increase authorized shares and effect stock split; adopted new Standards of Business Ethics.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Susan A. La Monica was appointed as Director at Enhabit, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Tina L. Brown-Stevenson and Susan A. La Monica was appointed as a director of the Board of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Tina L. Brown-Stevenson was appointed as Director at Enhabit, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
Each of Tina L. Brown-Stevenson and Susan A. La Monica was appointed as a director of the Board of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gregory S. Rush was elected as Director at Enhabit, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
Each of Jeffrey W. Bolton, Erin P. Hoeflinger, and Gregory S. Rush was elected as a director of the Board of the Company as of immediately prior to the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeffrey W. Bolton was elected as Director at Enhabit, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
Each of Jeffrey W. Bolton, Erin P. Hoeflinger, and Gregory S. Rush was elected as a director of the Board of the Company as of immediately prior to the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Erin P. Hoeflinger was elected as Director at Enhabit, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
Each of Jeffrey W. Bolton, Erin P. Hoeflinger, and Gregory S. Rush was elected as a director of the Board of the Company as of immediately prior to the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Leo I. Higdon, Jr. was appointed as Chairman of the Board at Enhabit, Inc..
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
Leo I. Higdon, Jr. was appointed Chairman of the Board.
View on SEC.gov
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