Concentra Group Holdings Parent Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On October 25, 2024, Concentra Group Holdings Parent, Inc. (the “Company”) entered into a First Amendment (the “Amendment”) to that certain Employment Agreement, by and between the Company and Matthew T. DiCanio. The Amendment, among other things, reflects Mr. DiCanio’s current title of President and Chief Financial Officer of the Company. It also documents an increase in Mr. DiCanio’s base salary that occurred on January 1, 2024. The Amendment also provides that Mr. DiCanio is eligible to receive, as determined from time to time by the Human Capital and Compensation Committee of the Board of Directors of the Company, (i) annual performance-based incentive compensation, and (ii) equity compensation awards under the Company’s 2024 Equity Incentive Plan (or other successor plans). The Amendment increases Mr. DiCanio’s severance benefits in connection with a termination of his employment from nine (9) to eighteen (18) months and confirms that he will be eligible to receive such benefits following a change of control of the Company.
The foregoing description of the Amendment is only a summary, does not purport to be complete, and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this report and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number | Description |
| 10.1 | First Amendment to Employment Agreement, dated October 25, 2024, by and between Concentra Group Holdings Parent, Inc. and Matthew T. DiCanio. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CONCENTRA GROUP HOLDINGS PARENT, INC. | ||
| Date: October 30, 2024 | By: | /s/ Michael E. Tarvin |
| Michael E. Tarvin | ||
| Executive Vice President and Secretary | ||