Form 4: Select Medical Holdings Executive Vice President Jackson Martin F. Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Executive Vice President Jackson Martin F. of Select Medical Holdings Corp. reports a transaction involving the surrender of shares to cover tax obligations.

Summary

  • On August 3, 2024, Jackson Martin F., Executive Vice President of Select Medical Holdings Corp., reported a transaction.
  • The transaction involved the surrender of 53,028 shares of common stock at a price of $34.18 per share to satisfy tax withholding obligations related to the vesting of restricted stock.
  • Following the transaction, Jackson Martin F. directly owns 1,305,303 shares of Select Medical Holdings Corp.
  • Jackson Martin F. also indirectly owns 2,634 shares through his son and 2,634 shares through his daughter.
  • Jackson Martin F. disclaims beneficial ownership of the indirectly owned shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the company's outlook or strategy.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is related to tax obligations of an executive.

Key Dates

DateDescription
08/03/2024Date of the stock transaction (surrender of shares).
08/05/2024Date of signature by Attorney-in-Fact.

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