Changes in Beneficial Ownership · 4
SELECT MEDICAL HOLDINGS CORP
Changes in Beneficial Ownership
Structured filing — 4
form4-07012026_060755.xml
Filing details
- Report period
- 2026-06-30
- Issuer
- SELECT MEDICAL HOLDINGS CORP
- Issuer CIK
- 0001320414
- Trading symbol
- SEM
- No longer subject to Section 16
- Checked
Reporting owner 1
- Name
- CHERNOW DAVID S
- Reporting owner CIK
- 0001169897
- Relationship
- Director · Officer
- Officer title
- VICE CHAIRMAN
- Address
- C/O SELECT MEDICAL HOLDINGS CORPORATION, 4714 GETTYSBURG ROAD, MECHANICSBURG, PA, 17055
Non-derivative transactions
| Security | Transaction date | Code | Amount | A / D | Price (USD) | Owned after | Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | 2026-06-30 | J · Form 4[F1] | 100,000[F2] | D | 0 | 777,244 | D |
| Common Stock | 2026-06-30 | D · Form 4[F1] | 656,823[F3] | D | 16.50 | 113,421 | D |
| Common Stock | 2026-06-30 | F · Form 4[F4] | 113,421 | D | 16.50 | 0 | D |
Table key
- J · Form 4
- Other acquisition or disposition; see explanation
- D
- Direct
- D · Form 4
- Disposition to the issuer under Rule 16b-3(e)
- F · Form 4
- Securities delivered or withheld for exercise price or tax liability under Rule 16b-3
Footnotes
- F1
- This Form 4 reports securities disposed of under the Agreement and Plan of Merger (the "Merger Agreement"), entered into on March 2, 2026, by and among the Issuer, Stallion Intermediate Corporation ("Parent"), and Stallion MergerSub Corporation (filed as Exhibit 2.1 to the Form 8-K filed with the Securities and Exchange Commission on March 3, 2026).↩ 1↩ 2
- F2
- Immediately prior to the effective time of the merger, the Reporting Person contributed 100,000 restricted shares to Parent in exchange for an equivalent amount of restricted shares of Parent, which restricted shares were then exchanged for an equivalent amount of interests in Stallion Group Parent, LP.↩ 1
- F3
- At the effective time of the merger, each of the Reporting Person's shares of common stock reported in this row of this Form 4 issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive $16.50 per share in cash without interest ("Merger Consideration").↩ 1
- F4
- Surrender of shares to satisfy tax withholding obligation incident to vesting of restricted stock.↩ 1
Signature 1
- Signed
- /s/ John F. Duggan, Attorney-in-Fact
- Date
- 2026-07-01
Company context
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics in the United States based on number of facilities. Select Medical’s reportable segments include the critical illness recovery hospital segment, the rehabilitation hospital segment, and the outpatient rehabilitation segment. As of March 31, 2026, Select Medical operated 103 critical illness recovery hospitals in 28 states, 41 rehabilitation hospitals in 15 states, and 1,912 outpatient rehabilitation clinics in 37 states and the District of Columbia. At March 31, 2026, Select Medical had operations in 38 states and the District of Columbia. Information about Select Medical is available at www.selectmedical.com.