Form 4: Select Medical Holdings Executive Vice President Reports Stock Transaction

Martin F. Jackson, Executive Vice President of Select Medical Holdings, reports the surrender of shares to cover tax obligations related to vesting restricted stock.

Summary

• On August 1, 2024, Martin F. Jackson, Executive Vice President of Select Medical Holdings Corporation, surrendered 18,648 shares of common stock to satisfy tax withholding obligations.
• The shares were surrendered at a price of $39.18 per share.
• Following the transaction, Jackson directly owns 1,358,331 shares of Select Medical Holdings common stock.
• Jackson also indirectly owns 2,634 shares each through his son and daughter.
• Jackson disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Management Comments

• The reporting person beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates that an executive at Select Medical Holdings has surrendered shares to cover tax obligations, which is a common practice.

Key Dates