{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-079643","form_type":"8-K","ticker":"SEM","cik":"0001320414","company_name":"SELECT MEDICAL HOLDINGS CORP","filed_at":"2026-07-01T13:27:13+00:00","discovered_at":"2026-07-01T13:28:00.221261+00:00","generated_at":"2026-07-01T13:28:14.842038+00:00","sec_items":["1.01","2.01","2.03","3.01","3.03","5.01","5.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Select Medical completes go-private acquisition by consortium at $16.50/share (~$3.9B enterprise)","bullets":["Consortium led by Ortenzio, Jackson, and WCAS acquires Select Medical for $16.50/share cash; equity ~$1.7B, enterprise ~$3.9B.","Stock delisted from NYSE effective July 1, 2026; company becomes private subsidiary of Parent.","Board replaced: William Frist, Daniel Thomas, Katherine Davisson, et al. depart; new directors: Russell Carson, David Chernow, Robert Ortenzio.","Entered $1B incremental term loan amendment to Select Credit Agreement to help finance the transaction.","Premium of ~18% over unaffected close (Nov 24, 2025) and ~25% over 90-day VWAP; stockholder vote approved June 26, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-079643","json":"https://secwatch.observer/filing/0001104659-26-079643.json","markdown":"https://secwatch.observer/filing/0001104659-26-079643.md","text":"https://secwatch.observer/filing/0001104659-26-079643.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320414/000110465926079643/0001104659-26-079643-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320414/000110465926079643/tm2619266d7_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-01T13:28:14.842038+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"}