Form 4: Select Medical Holdings Corp: Chief Accounting Officer Weigl Reports Stock Transaction

Christopher Weigl, Chief Accounting Officer of Select Medical Holdings Corp, reports the surrender of shares to cover tax obligations related to vesting restricted stock on November 5, 2024.

Summary

• Christopher Weigl, the Chief Accounting Officer of Select Medical Holdings Corp, filed a Form 4 on November 7, 2024.
• The form details a transaction that occurred on November 5, 2024, where Weigl surrendered 5,746 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock.
• The price per share for the transaction was $37.21.
• Following the transaction, Weigl directly owns 34,254 shares of Select Medical Holdings Corp.
• The transaction was executed under transaction code 'F', indicating it was to cover withholding tax.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to tax obligations, with no indication of positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a standard procedure for covering tax obligations related to stock vesting.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine procedure for covering tax obligations.

Key Dates