Select Medical (NYSE: SEM) chairman rolls over large stake, cashes out 279,000 shares

Select Medical's chairman executed a transaction involving a significant equity position, selling approximately 279,000 shares while rolling over a larger stake in the company. Select Medical is a major operator of rehabilitation and specialty hospitals, making executive ownership changes potentially relevant to the direction of physical therapy and rehab services delivery. This type of insider transaction is a routine disclosure required by securities regulators.

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