Concentra (CON) Director Robert Ortenzio Sells 1,000,000 Shares

What Happened
Director Robert A. Ortenzio disposed of a total of 1,000,000 Concentra (CON) shares on August 21, 2026, in a sale back to the issuer under a Stock Repurchase Agreement at $34.65 per share, for aggregate proceeds of $34,650,000. The sales consisted of 770,000 shares held directly and 230,000 shares held indirectly through trusts for which Ortenzio is trustee.

Key Details

• Transaction date: August 21, 2026; price: $34.65 per share; total proceeds: $34,650,000.
• Breakdown: 770,000 shares sold directly; 150,000 from The Robert A. Ortenzio Descendants Trust; 30,000 from Robert A. Ortenzio 2014 Trust FBO Kevin M. Ortenzio; 30,000 from the 2014 Trust FBO Bryan A. Ortenzio; 20,000 from the 2014 Trust FBO Madeline G. Ortenzio.
• Reporting/approval: Sales were under a Stock Repurchase Agreement between Ortenzio (and certain trusts) and the issuer; the Audit Committee pre-approved the dispositions under Rule 16b-3(e) (exempting short-swing liability).
• Filing status: This is an amended Form 4 correcting administrative errors and adding previously omitted shares; the amendment states no new transactions are being reported. The filing does not specify resulting total beneficial ownership after the transactions in this summary.
• Trustee note: Ortenzio is trustee for the listed trusts and may be deemed to have voting and investment power over those shares.

Context
This was a sale (repurchase by the company), not a market purchase or option exercise. Such issuer repurchases are typically routine liquidity events and, in this case, were pre-approved by the Audit Committee to meet Rule 16b-3 requirements; the amended filing corrects prior administrative omissions but does not report additional trades.