---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086804"
form_type: "8-K"
ticker: "SEM"
cik: "0001320414"
company_name: "SELECT MEDICAL HOLDINGS CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:10:36.669083+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Director Bryan Cressey resigns; Select Medical awards 1.05M restricted shares to executives

## Summary
- Director Bryan C. Cressey resigned effective Aug 2, 2023; no disagreement with company or board.
- Compensation Committee granted 1,050,000 restricted shares to seven executives under 2020 Equity Plan.
- David Chernow and Robert Ortenzio each received 250,000 shares; Rocco Ortenzio and Martin Jackson each 150,000.
- Shares for Chernow, R. Ortenzio, Jackson, Tarvin vest equally over 3 years; Saich and Mullin vest on Aug 1, 2026.
- Michael Tarvin received 100,000 shares; Saich and Mullin each 75,000 shares.

## SEC filing metadata
- accession: 0001104659-23-086804
- form_type: 8-K
- ticker: SEM
- cik: 0001320414
- company_name: SELECT MEDICAL HOLDINGS CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320414/000110465923086804/0001104659-23-086804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320414/000110465923086804/tm2322495d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086804
- JSON: https://secwatch.observer/filing/0001104659-23-086804.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086804.txt

## Key facts
- Executive change
  Bryan C. Cressey resigned as Director at SELECT MEDICAL HOLDINGS CORP.
  - Action: resigned
  - Role: Director
  source text: Bryan C. Cressey, a director of the Select Medical Holdings Corporation (the “Company”) and chairman of the Compensation Committee (the “Compensation Committee”) of the Company’s Board of Directors, notified the Company of his decision to resign as a director, effective August 2, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465923086804/0001104659-23-086804-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
