DAVID S. CHERNOW - 28 Apr 2025 Form 4 Insider Report for SELECT MEDICAL HOLDINGS CORP (SEM)

Signature
/s/ Michael E. Tarvin, Attorney-in-Fact
Issuer symbol
SEM
Transactions as of
28 Apr 2025
Net transactions value
-$4,050,000
Form type
4
Filing time
29 Apr 2025, 16:11:19 UTC
Previous filing
07 Nov 2024
Next filing
01 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEM Common Stock Sale $4,050,000 -225,000 -24% $18.00 714,516 28 Apr 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a 10b5-1 trading plan adopted by David S. Chernow on December 4, 2024.