|4Feb 13, 4:35 PM ET

Frist William H. 4

4 · SELECT MEDICAL HOLDINGS CORP · Filed Feb 13, 2026

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Select Medical (SEM) Director William H. Frist Receives Award

What Happened William H. Frist, a director of Select Medical Holdings Corp. (SEM), was granted 1,109 restricted shares on February 11, 2026. The grant was issued at an imputed value of $16.23 per share, totaling $17,999. This transaction is an award (code A) issued as compensation rather than an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely filing).
  • Grant: 1,109 restricted shares at $16.23 per share; total value $17,999.
  • Transaction code: A (award/grant).
  • Footnote: The shares were issued under the Select Medical Holdings Corporation 2020 Equity Incentive Plan in lieu of a quarterly retainer of $18,000.
  • Shares owned after transaction and vesting schedule: not disclosed in the filing.

Context This was a compensation grant replacing a cash retainer (common for non-employee directors) and does not represent an open-market purchase or sale. Such grants are routine director compensation and should be viewed as remuneration rather than a direct signal of the director’s personal buying or selling intent.

Insider Transaction Report

Form 4
Period: 2026-02-11
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-11$16.23/sh+1,109$17,999305,172 total
Footnotes (1)
  • [F1]This grant of restricted stock was issued to the reporting person pursuant to the Select Medical Holdings Corporation 2020 Equity Incentive Plan in lieu of a quarterly retainer of $18,000.
Signature
/s/ John F. Duggan, Attorney-in-Fact|2026-02-13

Documents

1 file
  • 4
    form4-02132026_090218.xmlPrimary