Trust linked to Concentra (NYSE: CON) director sells 130k shares
Filing Impact
Filing Sentiment
Form Type
4
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 at $25.00 per share. The sale was made by The Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio, which held 893,455 shares afterward. Additional indirect family trusts and direct holdings include 5,533,794 shares reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 130,000 shares ($3,250,000)
Net Sell
6 txns
Insider
ORTENZIO ROBERT A
Role
null
Sold
130,000 shs ($3.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 130,000 | $25.00 | $3.25M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 893,455 shares (Indirect, The Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio);
Common Stock — 5,533,794 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 130,000 shares
Sale price: $25.00 per share
Trust holdings after sale: 893,455 shares
+3 more
6 metrics
Shares sold
130,000 shares
Open-market sale by Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio
Sale price
$25.00 per share
Price for 130,000-share sale of common stock
Trust holdings after sale
893,455 shares
Post-transaction holdings of Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio
Direct holdings
5,533,794 shares
Common stock directly owned by Robert A. Ortenzio
Descendants Trust holdings
1,032,115 shares
Held by the Robert A. Ortenzio Descendants Trust
2014 Trust holdings per beneficiary
226,286 shares
Each 2014 trust for Madeline G., Kevin M., and Bryan A. Ortenzio
Key Terms
open-market sale, indirect ownership, Descendants Trust, Common Stock
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect" with holdings through family trusts"
Descendants Trust financial
"nature_of_ownership: "The Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio""
Common Stock financial
"security_title: "Common Stock" for each reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CON director Robert A. Ortenzio report?
Robert A. Ortenzio reported an indirect open-market sale of 130,000 Concentra Group Holdings Parent, Inc. common shares at $25.00 each. The transaction was executed through The Rocco A. Ortenzio Separate Descendants Trust FBO Robert Ortenzio, which continued to hold a large remaining position afterward.
What other indirect Concentra (CON) holdings are reported for Robert A. Ortenzio?
The filing lists several indirect holdings through family trusts: 1,032,115 shares via the Robert A. Ortenzio Descendants Trust, and 226,286 shares each via three 2014 trusts for Madeline G., Kevin M., and Bryan A. Ortenzio. These are in addition to the trust that sold 130,000 shares.