Form 4: Select Medical Holdings CFO Michael Malatesta Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Michael Malatesta, CFO of Select Medical Holdings, reports the surrender of shares to cover tax obligations related to vesting restricted stock on October 27, 2024.
Summary
- On October 27, 2024, Michael F. Malatesta, CFO of Select Medical Holdings Corp., reported a transaction involving common stock.
- Malatesta surrendered 8,828 shares to satisfy tax withholding obligations related to the vesting of restricted stock.
- The transaction was executed at a price of $31.74 per share.
- Following the transaction, Malatesta directly owns 192,484 shares of Select Medical Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/27/2024 | Date of the stock transaction where shares were surrendered to cover tax obligations. |
| 10/28/2024 | Date of signature by Attorney-in-Fact. |
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