Glazer Capital, LLC Acquires 5.21% Stake in Select Medical Holdings Corporation (SEM)

On May 14, 2026, Glazer Capital, LLC and its Managing Member, Paul J. Glazer, filed a Schedule 13G with the SEC, disclosing a new 5.21% ownership stake in Select Medical Holdings Corporation (SEM). The reporting persons reported beneficial ownership of 6,465,826 shares of common stock as of the event date on May 7, 2026. This position is held through various funds and managed accounts for which Glazer Capital serves as the investment manager. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Both Glazer Capital, a Delaware limited liability company, and Mr. Glazer, a U.S. citizen, share voting and dispositive power over the total reported shares. This filing marks a significant increase from a previously reported 0.0% ownership level, crossing the 5% threshold that triggers public disclosure under SEC Rule 13d-1(c).