ORTENZIO ROBERT A 4
Research Summary
AI-generated summary
Concentra (CON) Director Robert Ortenzio Sells 130,000 Shares
What Happened
- Robert A. Ortenzio, a director of Concentra Group Holdings Parent, Inc. (CON), sold 130,000 shares in open-market transactions on July 1, 2026. The filing reports a weighted-average price of $30.50 per share for total proceeds of approximately $3,964,597. This transaction is a sale (routine disposition), not a purchase.
Key Details
- Transaction date: 2026-07-01; Form filed: 2026-07-06.
- Type: Sale (S) — open market/private sale reported.
- Quantity and price: 130,000 shares at a weighted-average price of $30.50; total proceeds ≈ $3,964,597.
- Price range: Shares were sold in multiple trades at prices ranging from $29.45 to $30.85 (footnote states the reporting person can provide a breakdown on request).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Filing timeliness: Form shows transaction date 7/1/2026 and filing date 7/6/2026 (check the full filing for any tardiness notation).
Context
- Sales by non-executive directors can be routine (portfolio rebalancing, tax/liquidity needs) and do not necessarily indicate a change in company prospects. Because this is a sale, it’s less informative about insider confidence than a purchase would be. The weighted-average price reflects multiple trades rather than a single block sale; the filer has offered to provide per-trade pricing within the reported range upon request.