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Encompass Health's CFO Trimmed His Stake as Shares Jumped After Earnings. Here's What to Know

The Motley Fool·
Encompass Health's CFO Trimmed His Stake as Shares Jumped After Earnings. Here's What to Know

Encompass Health's CFO Douglas Coltharp sold 18,869 shares worth $2.4 million on August 10, reducing his direct stake by 27% but maintaining a total beneficial ownership of 241,000 shares valued at $30.4 million. The sale occurred the same day as the CEO's larger stake reduction, following strong Q2 earnings that included 10% revenue growth, raised full-year guidance, and increased dividend/buyback authorization.

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