SCHEDULE 13D/A: Estate of Rocco A. Ortenzio Exits Significant Shareholder Status in Concentra Group Holdings Parent, Inc.

The Estate of Rocco A. Ortenzio has filed an exit amendment to its Schedule 13D, reporting a reduction in its beneficial ownership of Concentra Group Holdings Parent, Inc. common stock to below 5% following internal trust transfers.

Summary

• The Estate of Rocco A. Ortenzio filed Amendment No. 1 to its Schedule 13D, which serves as a final amendment and an exit filing.
• The filing relates to the common stock of Concentra Group Holdings Parent, Inc., a Delaware corporation.
• As of March 3, 2025, the Reporting Person (Estate of Rocco A. Ortenzio) beneficially owns an aggregate of 3,296,918 shares of Concentra Group Holdings Parent, Inc. common stock.
• This aggregate represents approximately 2.57% of the Company's common stock outstanding, based on 128,125,952 shares outstanding as of February 19, 2025.
• The Estate holds sole voting and dispositive power over 3,288,849 shares, which includes shares held by the Rocco A. Ortenzio Revocable Trust (3,251,097 shares), Select Investments III, L.P. (24,694 shares), and Select AP Investors, L.P. (13,058 shares).
• Shared voting and dispositive power is held over 8,069 shares, which are owned of record by the spouse of Rocco Ortenzio.
• On March 3, 2025, the Reporting Person transferred 3,070,367 shares of Company's common stock from the Rocco A. Ortenzio Separate Exempt Descendants Trust to three other Descendants Trusts (Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio, FBO John Ortenzio, and FBO Martin Ortenzio).
• Following these transfers, the Reporting Person ceased to be a beneficial owner of more than five percent of the Company's common stock.

Sentiment

Score: 5

Explanation: The document is a factual, administrative filing detailing a change in beneficial ownership below a reporting threshold. It contains no positive or negative operational or financial news for the company, resulting in a neutral sentiment.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding the company's future operations or financial performance.

Industry Context

This filing is an administrative update regarding a change in beneficial ownership by a specific shareholder and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• On March 3, 2025, the Reporting Person transferred 3,070,367 shares of Company's common stock from the Rocco A. Ortenzio Separate Exempt Descendants Trust to the Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio, the Rocco A. Ortenzio Separate Descendants Trust FBO John Ortenzio and the Rocco A. Ortenzio Separate Descendants Trust FBO Martin Ortenzio. These are internal transfers among trusts associated with the Ortenzio family.

Stakeholder Impact

• Shareholders: The reduction of a significant beneficial owner's stake below the 5% threshold may be noted by investors, potentially influencing market perception regarding the long-term commitment or distribution strategy of a major shareholder.

Next Steps

• This Amendment No. 1 represents the final amendment to this Statement and constitutes an exit filing for the Estate of Rocco A. Ortenzio, implying no further Schedule 13D filings from this reporting person.

Key Dates

Keywords

Concentra Group Holdings Parent Inc., Schedule 13D, Beneficial Ownership, Exit Filing, Common Stock, Rocco A. Ortenzio Estate, Shareholder Update, SEC Filing