Form 4: Select Medical Holdings Executive Vice President Michael Tarvin Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Michael Tarvin of Select Medical Holdings Corp. reports the surrender of shares to cover tax obligations related to vesting restricted stock.
Summary
- On August 1, 2024, Michael E. Tarvin, Executive Vice President of Select Medical Holdings Corporation, surrendered 28,937 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $39.18 per share.
- Following the transaction, Tarvin directly owns 500,428 shares of Select Medical Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock surrender.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock transaction: surrender of shares for tax withholding. |
| 08/02/2024 | Date of signature on the Form 4 filing. |
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