Form 4: Concentra COO West Sells Shares for Tax Obligations

Concentra Group Holdings Parent, Inc.'s Executive Vice President and COO-West, Douglas R. McAndrew, reported a disposition of 5,903 common shares to cover tax liabilities.

Summary

• Douglas R. McAndrew, Executive Vice President, Chief Operating Officer West of Concentra Group Holdings Parent, Inc., reported a transaction involving company common stock.
• On November 26, 2025, 5,903 shares of common stock were disposed of by Mr. McAndrew.
• These shares were withheld by the issuer to satisfy tax obligations arising from the vesting of restricted stock.
• The transaction occurred at a price of $21.04 per share.
• Following this reported transaction, Mr. McAndrew directly beneficially owns 114,097 shares of Concentra Group Holdings Parent, Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a neutral, routine event for tax purposes related to restricted stock vesting, with no inherent positive or negative implications for the company's operational or financial performance.

Positives

• The transaction is a routine event related to the vesting of restricted stock, indicating that previously granted equity compensation has matured and is being processed as per standard procedures.

Negatives

• No specific negative aspects are identified as this is a standard tax-related transaction, not a discretionary sale reflecting a change in outlook.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• No notable quotes or paraphrased statements from company management are included in this Form 4 filing.

Industry Context

This insider transaction is a routine event for executives receiving equity compensation and does not reflect broader industry trends or competitive dynamics. It is a standard mechanism for managing tax liabilities upon restricted stock vesting, common across various sectors.

Comparison to Industry Standards

• This transaction is a standard practice for executives in publicly traded companies across various industries when restricted stock vests. It aligns with common compensation structures and tax compliance procedures, and does not provide a basis for comparison to specific company or project results.

Stakeholder Impact

• Shareholders: Minimal impact as it is a routine, non-discretionary transaction by an officer to cover tax obligations, not a discretionary sale.
• Employees: No direct impact on employees.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Concentra Group Holdings Parent, CON, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Douglas R. McAndrew, Officer Transaction