Encompass Health CFO and General Counsel Sold Stock After Earnings Rally
SEC Form 4 filings show small open-market disposals that left both executives with sizable remaining holdings and help explain the post-earnings price move.
Overview
- The company's filings show Douglas E. Coltharp sold 18,869 shares on Monday, August 10, at a weighted average price near $125.38 for about $2.4 million.
- John Patrick Darby sold 8,906 shares on the same day at a weighted average price near $125.95, a reduction that amounted to roughly 11% of his direct common stock holdings.
- Both transactions were reported on SEC Form 4s and executed at prices in the $125–$126 range during multiple trades on August 10.
- Coltharp still holds roughly 241,000 shares in total, including large indirect holdings in trusts and through his spouse, so his sale was a small cut of his overall stake.
- The reporting places the trades in market context by linking them to a stock jump after Encompass Health’s earnings and noting the company’s scale with about $12.5 billion market value and $6.2 billion in trailing 12-month revenue.