Khanuja Parvinderjit S. 4

What Happened Khanuja Parvinderjit S., a director of Select Medical Holdings Corp. (SEM), had 79,124 shares disposed to the issuer as part of a merger on 2026-06-30. Each share was converted into $16.50 in cash under the Merger Agreement, producing total consideration of $1,305,546. This disposition (transaction code D) was the cash-out of holdings in connection with the merger—not an open-market sale.

Key Details

• Transaction date and price: 2026-06-30, 79,124 shares at $16.50 per share.
• Total proceeds: $1,305,546.
• Transaction type/code: Disposition to issuer (D) — conversion under the Merger Agreement.
• Footnote highlights:
  • F1: Conversion pursuant to the Merger Agreement (each pre-merger share converted into $16.50 cash).
  • F2: Unvested restricted shares vested immediately prior to the merger and were converted into the same cash consideration, net of applicable tax withholdings.
• Shares owned after transaction: Not stated in this filing.
• Filing timeliness: Report covers period ended 2026-06-30 and was filed 2026-07-01 (no late filing indicated).

Context This was a merger-related cash conversion of existing and previously unvested restricted shares into merger consideration. Such dispositions are routine outcomes of corporate mergers and reflect the deal terms rather than an individual trading decision.