Form 4: Select Medical Holdings Corp: Chief Information Officer Rusignuolo Brian R. Reports Stock Transaction

Brian R. Rusignuolo, Chief Information 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

• On November 5, 2024, Brian R. Rusignuolo, the Chief Information Officer of Select Medical Holdings Corp, engaged in a transaction involving the company's common stock.
• Rusignuolo surrendered 25,690 shares 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, Rusignuolo directly owns 301,050 shares of Select Medical Holdings Corp.
• The transaction was reported on Form 4, filed with the Securities and Exchange Commission on November 7, 2024.

Sentiment

Score: 5

Explanation: Neutral. This is a standard transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's performance.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for company executives to surrender shares to cover taxes when restricted stock vests.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine event related to executive compensation.

Key Dates