Here are the DEF 14A proxy statements from Select Medical Holdings Corp (SEM) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow SEM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SEM filings page.
Select Medical Holdings Corporation is asking stockholders to vote at its April 23, 2026 virtual annual meeting on seven key items, including director elections, executive pay, auditor ratification and governance changes. Three Class II directors will be elected, with one-year terms if the board declassification amendment passes and three-year terms if it does not. Stockholders will cast a non-binding say-on-pay vote and consider amending the certificate of incorporation to phase out the classified board.
The company is also seeking a non-binding advisory vote to provide a 25% ownership threshold for stockholders to call special meetings, alongside a stockholder proposal for a 10% threshold that the board opposes. Governance disclosures highlight a 10‑member board with eight independent directors, a lead independent director, fully independent key committees, and detailed oversight of risk and cybersecurity. Executive compensation remains heavily performance-based, with 2025 bonuses paid at 190% of target after adjusted earnings per share of $1.16 and return on equity of 8.6%, and sizeable time‑vested restricted stock grants to senior leaders.