SEM EVP Disposes of $67k in Stock for Tax Withholding
SELECT MEDICAL HOLDINGS CORP
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Filing Summary
SEM EVP Disposes of $67k in Stock for Tax Withholding
Company: SELECT MEDICAL HOLDINGS CORP (SEM) Form: 4 | Filed: 2025-11-04 Significance: Low
Insider: Duggan John F. Title: Executive Vice President | Relationship: Officer
Transaction: • Type: Tax Withholding • Shares: 4,865 • Price: $13.83 • Value: $67,283 • Owned After: 194,710
Key Insight: This is a non-discretionary disposition of shares to cover tax obligations from vested restricted stock, not an open-market sale. It holds minimal trading significance.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: SELECT MEDICAL HOLDINGS CORP (SEM)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An Executive Vice President disposed of shares to cover tax liabilities related to vested restricted stock, a routine and non-discretionary event.
- Market Impact: Neutral. This type of transaction does not signal a change in insider sentiment.
Company Information
| Field | Value |
|---|---|
| Company | SELECT MEDICAL HOLDINGS CORP |
| Ticker Symbol | SEM |
| CIK | 0001320414 |
| Industry | SERVICES-HOSPITALS |
Insider Information
| Field | Value |
|---|---|
| Name | Duggan John F. |
| CIK | 0002081450 |
| Title/Position | Executive Vice President |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-01 |
| Transaction Code | F (Withholding of shares for tax purposes) |
| Security Type | Common Stock |
| Shares Involved | 4,865 |
| Price Per Share | $13.83 |
| Total Value | $67,282.95 |
| Shares Owned After | 194,710 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $67,282.95 |
| % of Market Cap | 0.004% |
| Shares Transacted | 4,865 |
| % of Shares Outstanding | 0.004% |
| Post-Transaction Ownership | 194,710 shares (0.16% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $67k transaction is negligible compared to the company's $1.71 billion market capitalization.
- Ownership Concentration: The insider's post-transaction ownership of 0.16% is not a controlling stake.
- Transaction Significance: The transaction represents less than 0.01% of both market cap and shares outstanding, confirming its low materiality. As a tax-related disposition, it does not reflect a voluntary investment decision.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is a routine 'sell-to-cover' for tax purposes, as indicated by the 'F' code. It is not an open-market sale and carries no predictive value for future stock performance.
Volume & Sentiment
- Expected Volume Impact: None. This is an internal transfer and does not impact trading volume on the open market.
- Sentiment Indicator: Neutral. This filing does not provide any bullish or bearish signals.
Additional Context
Transaction Notes
- Special Circumstances: The filing's footnote confirms the shares were surrendered to satisfy tax withholding obligations from the vesting of restricted stock. This is a common practice and is not indicative of an insider's outlook on the company.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.