secwatch.observer — SEC 8-K summary
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Issuer:     SELECT MEDICAL HOLDINGS CORP (SEM)
CIK:        0001320414
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001104659-23-086804
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320414/000110465923086804/0001104659-23-086804-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320414/000110465923086804/tm2322495d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-086804

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