Form 4: Select Medical Holdings Executive Vice President Jackson Martin F Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Executive Vice President of Select Medical Holdings, Jackson Martin F, disposed of shares to cover tax obligations related to vesting restricted stock.
Summary
- On November 5, 2024, Jackson Martin F, Executive Vice President of Select Medical Holdings Corporation, disposed of 42,422 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $37.21 per share.
- Following the transaction, Jackson Martin F directly owns 1,262,881 shares of Select Medical Holdings Corporation.
- He also indirectly owns 2,634 shares through his son and 2,634 shares through his daughter.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and stock ownership changes.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Date of transaction: Jackson Martin F disposed of shares. |
| 11/07/2024 | Date of signature on the Form 4 filing. |
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