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 an open-market transaction on August 3, 2026.
• The filing reports a weighted average sale price of $31.84 per share, for proceeds of approximately $4,139,356. The shares were sold in multiple trades at prices ranging from $31.65 to $32.035.

Key Details

• Transaction date: 2026-08-03 (reported on Form 4 filed 2026-08-05).
• Price: Weighted average $31.84; individual trade prices ranged $31.65–$32.035 (per footnote).
• Shares sold: 130,000; Proceeds: ~$4.14 million.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The reported price is a weighted average; the filer will provide a breakdown of the number of shares sold at each price upon request (per footnote F1).
• Filing timeliness: The Form 4 was filed two days after the transaction date and appears to be timely (no late-filing indication).

Context

• This was a sale (disposition) by a director — sales are often routine (e.g., portfolio rebalancing or liquidity needs) and do not by themselves indicate company performance or insider sentiment.
• No option exercise, grant, gift, or tax-withholding was reported in this filing; it documents an outright sale of shares.