Form 4: Concentra COO Sells Shares for Tax Obligations
Insider Transaction Report
Concentra Group Holdings Parent, Inc.'s COO, Michael D. Rhine, disposed of 3,935 shares of common stock to cover tax obligations related to restricted stock vesting.
Summary
- Michael D. Rhine, Executive Vice President, Chief Operating Officer Onsite Health & Telemedicine of Concentra Group Holdings Parent, Inc. (CON), reported a transaction.
- On November 26, 2025, 3,935 shares of common stock were disposed of.
- The disposition was due to shares being withheld to satisfy tax obligations arising from the vesting of restricted stock.
- The price per share for the disposed stock was $21.04.
- Following this transaction, Michael D. Rhine beneficially owns 76,163 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax purposes, which is neutral in sentiment. It neither indicates positive nor negative developments for the company or its stock performance.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction (Form 4) related to executive compensation and tax obligations, common across all industries for publicly traded companies. It does not reflect any specific industry trends or competitive dynamics.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/26/2025 | Transaction Date: Disposition of common stock to satisfy tax obligations. |
| 12/01/2025 | Signature Date of Reporting Person's Attorney-in-Fact. |
Keywords
Concentra Group Holdings Parent Inc., CON, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Michael D. Rhine, Restricted Stock Units, Executive Compensation
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