Family trust of Concentra (NYSE: CON) director sells 130,000 shares at $30.50 avg
Rhea-AI Filing Summary
Concentra Group Holdings Parent, Inc. director Robert A. Ortenzio reported an indirect open-market sale of 130,000 shares of common stock on July 1, 2026 at a weighted average price of $30.4969 per share. The sale was executed by The Rocco A. Ortenzio Separate Descendants Trust for the benefit of Robert Ortenzio, which held 633,455 shares after the transaction. Additional indirect holdings are shown in several family trusts, and a separate line reflects 5,533,794 shares held directly as of the same date.
Positive
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Insights
Indirect trust sale of 130,000 shares; sizable ongoing holdings remain.
Director Robert A. Ortenzio reported an indirect open-market sale of 130,000 Concentra common shares at a weighted average of $30.4969. The transaction was carried out by The Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio, not by him directly.
Following the sale, that trust still holds 633,455 shares of common stock. The filing also lists additional indirect positions in multiple family trusts and a separate direct holding of 5,533,794 shares, indicating a substantial remaining exposure to Concentra Group Holdings Parent, Inc..
The footnote explains that the reported price is a weighted average over trades between $29.45 and $30.85. The filing does not reference any Rule 10b5-1 trading plan, so the timing of this sale appears discretionary based on the information provided.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 130,000 | $30.4969 | $3.96M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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