{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-114906","form_type":"8-K","ticker":"SEM","cik":"0001320414","company_name":"SELECT MEDICAL HOLDINGS CORP","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.077657+00:00","generated_at":"2026-05-30T03:21:32.309178+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Select Medical spins off 81.7% Concentra stake via special stock distribution","bullets":["Distribution of 104,093,503 Concentra shares (81.7% of CON) to SEM stockholders on Nov 25, 2024.","Record date Nov 18, 2024; stockholders receive ~0.806971 CON shares per SEM share.","No stockholder vote required; distribution intended to be tax-free for U.S. federal income tax purposes.","After distribution, Select Medical will own no shares of Concentra common stock.","J.P. Morgan and Goldman Sachs acting as financial advisors; Dechert LLP as legal advisor."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-114906","json":"https://secwatch.observer/filing/0001104659-24-114906.json","markdown":"https://secwatch.observer/filing/0001104659-24-114906.md","text":"https://secwatch.observer/filing/0001104659-24-114906.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320414/000110465924114906/0001104659-24-114906-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320414/000110465924114906/tm2427671d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:21:32.309178+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}