Form 4: Select Medical Holdings Corp: Rocco A. Ortenzio Transfers Shares to Revocable Trust

Rocco A. Ortenzio, Vice Chairman & Co-Founder of Select Medical Holdings Corp, reports transferring 200,000 shares of common stock to the Rocco A. Ortenzio Revocable Trust.

Summary

• On May 9, 2024, Rocco A. Ortenzio, Vice Chairman & Co-Founder of Select Medical Holdings Corp, transferred 200,000 shares of common stock to the Rocco A. Ortenzio Revocable Trust.
• The transaction was a gift, with a price of $0 per share.
• Following the transaction, Mr. Ortenzio directly owns 470,000 shares and indirectly owns 3,558,767 shares through the Rocco A. Ortenzio Revocable Trust.
• He also indirectly owns shares through the Rocco A. Ortenzio Separate Exempt Descendants Trust (3,804,805 shares), Select Investments III, L.P. (30,601 shares), Select AP Investors, L.P. (16,182 shares), and his spouse (10,000 shares).
• Mr. Ortenzio disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding an insider transaction. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance.

Key Dates