Concentra Group Holdings Parent, Inc. (CON) Form SCHEDULE 13D/A — Aug 24, 2026
Concentra Group Holdings Parent entered into a Stock Repurchase Agreement dated August 21, 2026 to buy back 1,000,000 shares of its common stock from Robert A. Ortenzio and affiliated family trusts at $34.65 per share, for an aggregate purchase price of $34.65 million. Robert A. Ortenzio personally sold 770,000 shares for $26.68 million, with the remaining 230,000 shares coming from four Ortenzio family trusts; the deal was authorized by the company's Audit and Compliance Committee as a related-party transaction and closed the business day after signing.
Key figures
- Deal Value Usd
- 34650000
- Closing timing
- business day immediately following August 21, 2026
- Bryan trust shares
- 30000
- Kevin trust shares
- 30000
- Repurchase authority
- Audit and Compliance Committee of the Board of Directors
- Madeline trust shares
- 20000
- Ortenzio direct shares
- 770000
- Descendants trust shares
- 150000
- Ortenzio direct proceeds
- 26680500
- Total shares repurchased
- 1000000
- Descendants trust proceeds
- 5197500
- Repurchase price per share
- 34.65
- Open market sale aug3 2026 shares
- 130000
- Open market sale jul1 2026 shares
- 130000
- Open market sale aug3 2026 weighted avg price
- 31.8412
- Open market sale jul1 2026 weighted avg price
- 30.4969
AI analysis
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