--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-24-052995" form_type: "8-K" ticker: "SEM" cik: "0001320414" company_name: "SELECT MEDICAL HOLDINGS CORP" filed_at: "2024-04-26T23:59:59+00:00" generated_at: "2026-06-03T06:19:30.325987+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.45 calibrated_materiality_score: 0.45 confidence: "high" source: SEC EDGAR --- # Shareholders approve expanded equity plan and officer exculpation at annual meeting ## Summary - Shareholders approved amendment to 2020 Equity Incentive Plan, increasing share reserve to 5,925,000 shares and adding minimum one-year vesting. - Shareholders approved charter amendment to exculpate officers from certain fiduciary duty breaches, effective April 26, 2024. - Three Class III directors (Ely, Ortenzio, Scully) re-elected; non-binding advisory votes on executive compensation and simple majority proposal passed. - Ratification of PricewaterhouseCoopers as independent auditor for fiscal year 2024 approved with 122,477,547 votes for. - All seven proposals at the April 25, 2024 Annual Meeting were approved. ## SEC filing metadata - accession: 0001104659-24-052995 - form_type: 8-K - ticker: SEM - cik: 0001320414 - company_name: SELECT MEDICAL HOLDINGS CORP - filed_at: 2024-04-26T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.45 - calibrated_materiality_score: 0.45 - confidence: high - sec_items: 5.02, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/tm2412816d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-24-052995 - JSON: https://secwatch.observer/filing/0001104659-24-052995.json - Plain text: https://secwatch.observer/filing/0001104659-24-052995.txt ## Key facts - Governance Changes SELECT MEDICAL HOLDINGS CORP: Amended certificate of incorporation to permit officer exculpation under Delaware law (effective 2024-04-26). - Change: charter amendment - Effective: 2024-04-26 source text: The amendment of Charter became effective upon the filing of a certificate of amendment with the Delaware Secretary of State on April 26, 2024. evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - Shareholder Votes SELECT MEDICAL HOLDINGS CORP shareholders approved Approval of Amendment to the Company’s Amended and Restated Certificate of Incorporation To Permit the Exculpation of Officers of the Company. - Proposal: charter amendment - Outcome: passed source text: Proposal 5 : A pproval of Amendment to the Company’s Amended and Restated Certificate of Incorporation To Permit the Exculpation of Officers of the Company Votes For Votes Against Abstentions Broker Non-Votes 116,474,404 4,352,165 119,189 2,545,553 evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - Shareholder Votes SELECT MEDICAL HOLDINGS CORP shareholders approved Election of Three Class III Directors to the Board of Directors. - Proposal: director election - Outcome: passed source text: Proposal 1 : The Election of Three Class III Directors to the Board of Directors Name Votes For Votes Against Abstentions Broker Non-Votes James S. Ely III 102,880,768 18,037,258 28,732 2,545,553 Rocco A. Ortenzio 114,949,540 5,968,478 28,740 2,545,553 Thomas A. Scully 114,375,405 6,542,501 28,852 2,545,553 evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - Shareholder Votes SELECT MEDICAL HOLDINGS CORP shareholders approved Non-Binding Advisory Vote on Stockholder’s Simple Majority Proposal. - Proposal: say on pay - Outcome: passed source text: Proposal 6 : Non-Binding Advisory Vote on Stockholder’s Simple Majority Proposal Votes For Votes Against Abstentions Broker Non-Votes 74,680,241 46,242,865 23,652 2,545,553 evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - Shareholder Votes SELECT MEDICAL HOLDINGS CORP shareholders approved Non-Binding Advisory Vote on the Compensation of the Company’s Named Executive Officers. - Proposal: say on pay - Outcome: passed source text: Proposal 2 : Non-Binding Advisory Vote on the Compensation of the Company’s Named Executive Officers Votes For Votes Against Abstentions Broker Non-Votes 106,777,980 14,125,946 42,832 2,545,553 evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - Shareholder Votes SELECT MEDICAL HOLDINGS CORP shareholders approved Approval of Amendment to the Company’s 2020 Equity Incentive Plan to Increase the Total Share Reserve and Add a Minimum Vesting Period. - Proposal: equity plan - Outcome: passed source text: Proposal 3 : A pproval of Amendment to the Company’s 2020 Equity Incentive Plan to Increase the Total Share Reserve and Add a Minimum Vesting Period Votes For Votes Against Abstentions Broker Non-Votes 119,196,980 1,718,471 31,307 2,545,553 evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm - Shareholder Votes SELECT MEDICAL HOLDINGS CORP shareholders approved Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024 at the 2024-12-31 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2024-12-31 source text: Proposal 4 : Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024 Votes For Votes Against Abstentions Broker Non-Votes 122,477,547 987,844 26,920 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1320414/000110465924052995/0001104659-24-052995-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.