Form 4: Select Medical Holdings Director Sells 32,000 Shares

A director at Select Medical Holdings Corporation, Marilyn B Tavenner, sold 32,000 shares of common stock at an average price of $21.09.

Summary

• Marilyn B Tavenner, a director at Select Medical Holdings Corporation, sold 32,000 shares of common stock on November 26, 2024.
• The shares were sold at a weighted average price of $21.09 per share.
• The sale was executed in multiple transactions with prices ranging from $20.64 to $21.35.
• Following the transaction, Ms. Tavenner directly owns 22,000 shares of Select Medical Holdings Corporation.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by a director. It is neutral in sentiment as it is a routine transaction.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by directors and officers of other companies such as HCA Healthcare (HCA) and Universal Health Services (UHS).

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is generally considered a normal part of market activity.

Key Dates

Keywords

insider trading, stock sale, director, common stock, Select Medical Holdings, SEM