Weigl Christopher 4

What Happened
Christopher Weigl, Senior Vice President of Select Medical Holdings Corp (SEM), reported dispositions tied to the company’s March 2, 2026 merger agreement. On 2026-06-30: 12,382 pre-merger shares were converted into cash at $16.50 per share for $204,303 (Disposition to the issuer, code D). Additionally, 1,872 shares were surrendered to satisfy tax withholding (code F) valued at $16.50 each ($30,888). A separate entry shows 40,000 restricted shares were contributed/exchanged into parent/LP interests (code J) with no immediate cash reported.

Key Details

• Transaction date(s): 2026-06-30; Form 4 filed 2026-07-01 (appears timely).
• Prices and values: merger consideration was $16.50 per share; 12,382 shares = $204,303; 1,872 shares = $30,888.
• Total shares affected (per filing): 40,000 (contributed/exchanged), 12,382 (cashed out), 1,872 (surrendered for taxes) — 54,254 shares involved across entries.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: transactions occurred under the Agreement and Plan of Merger (F1); 40,000 restricted shares were contributed to Parent and then converted to interests in Stallion Group Parent, LP (F2); at the merger effective time, each pre-merger share converted into the right to receive $16.50 cash (F3); 1,872 shares were surrendered to satisfy tax withholding on vested restricted stock (F4).
• Transaction codes explained: D = disposition to issuer (merger cash-out); F = shares surrendered to cover tax withholding; J = other disposition/acquisition (contribution/exchange into Parent).

Context
These entries reflect corporate-merger mechanics rather than an open-market sale. Under the merger, each pre-merger share was converted into the right to receive $16.50 in cash; some restricted shares were exchanged into parent/LP interests instead of immediate cash. Surrenders for tax withholding are routine and do not necessarily signal insider sentiment.