Select Medical Holdings Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
current report
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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 December 17, 2025, Select Medical Corporation (“Select”), a wholly owned subsidiary of Select Medical Holdings Corporation (the “Company”), entered into an employment agreement with Select’s Chief Executive Officer, Thomas P. Mullin (the “Employment Agreement”), effective January 1, 2026.
Pursuant to the Employment Agreement, Mr. Mullin will continue to serve as Chief Executive Officer for an initial term of one year, after which time the term of the Employment Agreement will automatically renew for successive one year terms unless terminated by Mr. Mullin or Select on the terms set forth in the Employment Agreement. Mr. Mullin will receive a base salary of $700,000 per year. Except that as provided in that certain change of control letter between Select and Mr. Mullin, dated February 18, 2021, if Select terminates Mr. Mullin’s employment for any reason other than for Cause (as defined in the Employment Agreement) and other than due to death or Disability (as defined in the Employment Agreement), Mr. Mullin will be entitled to receive an amount equal to twelve months of his base salary, payable over the twelve month period following such termination. In addition, during employment and for a period of two years thereafter, Mr. Mullin is subject to non-competition and non-solicitation restrictions.
There is no arrangement or understanding between Mr. Mullin and any other person pursuant to which Mr. Mullin is to be selected as an officer of the Company that would require disclosure under Item 401(b) of Regulation S-K. Additionally, there is no family relationship between Mr. Mullin and any other person that would require disclosure under Item 401(d) of Regulation S-K. Mr. Mullin has not entered into any related party transactions with the Company that are required to be disclosed pursuant to Item 404(a) of Regulation S-K.
The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the text of the Employment Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number | Description |
| 10.1 | Employment Agreement, dated December 17, 2025, between Select Medical Corporation and Thomas P. Mullin. |
| 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.
| SELECT MEDICAL HOLDINGS CORPORATION | ||
| Date: December 19, 2025 | By: | /s/ John F. Duggan |
| John F. Duggan | ||
| Executive Vice President, General Counsel and Secretary | ||