CON Filings — Concentra Group Holdings Parent, Inc. - FilingSpy
CON
Concentra Group Holdings Parent, Inc.
A company that keeps America's workforce healthy: Concentra runs occupational health centers and onsite workplace clinics that treat work injuries, do physicals, and handle drug screens for employers and workers' comp insurers. It traces back to 1979, when a Texas family physician named Richard Rehm founded OccuSystems, later renamed Concentra after a 1997 merger. Its workers' comp care serves around 200,000 employer customers, including every Fortune 100 company.
Concentra repurchases 1,000,000 shares from Chairman Robert A. Ortenzio for $34.65/share
On August 21, 2026, Concentra Group Holdings Parent, Inc. entered into a stock repurchase agreement with Chairman Robert A. Ortenzio and related entities.
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The company purchased 1,000,000 shares of common stock at $34.65 per share, totaling $34,650,000, a 1% discount to the August 21, 2026 closing price.
The transaction closed on August 24, 2026 and was funded with cash on hand.
The repurchased shares represent approximately 0.784% of the company's outstanding common stock immediately prior to the transaction.
The purchase was approved by the Audit and Compliance Committee and made under the company's previously announced share repurchase program.
1.01 Entry into a Material Definitive Agreement · 9.01 Financial Statements and Exhibits
Concentra CEO Keith Newton to step down; Matt DiCanio to become CEO effective Nov. 1, 2026
Robert Ortenzio will resign as Chair of the Board but remain a director, effective November 1, 2026.
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Keith Newton will resign as CEO and transition to Executive Chairman, effective November 1, 2026.
Matt DiCanio, currently President and CFO, will become President and CEO and a Class III director, effective November 1, 2026.
No compensation determinations have been made for DiCanio's promotion as of the filing date.
The company expects to announce its CFO succession plan before the leadership transition takes effect.
2.02 Results of Operations and Financial Condition · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 8.01 Other Events · 9.01 Financial Statements and Exhibits
Concentra enters consulting agreement with retiring Chief Medical Officer Dr. John R. Anderson
On July 6, 2026, Concentra Health Services, Inc. signed a consulting agreement with Dr. Anderson effective January 1, 2027 through December 31, 2027.
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Dr. John R. Anderson will retire as Executive Vice President and Chief Medical Officer effective December 31, 2026.
Dr. Anderson will provide up to 10 hours per week of consulting services at $216.00 per hour.
His unvested restricted stock awards will continue to vest during the consulting term, with 25% of then-unvested shares vesting if he completes the full term.
The consulting agreement may be terminated by either party with 30 days' notice, or immediately by Concentra for cause.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Concentra CMO Dr. John Anderson to retire effective December 31, 2026
The company expects to enter into a Consulting Agreement with Dr. Anderson to support the transition of his responsibilities after retirement.
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Dr. John Anderson notified Concentra of his retirement as Executive Vice President and Chief Medical Officer, effective December 31, 2026.
Concentra has initiated a formal search for Dr. Anderson's successor.
Dr. Anderson joined Concentra in 1993 and has served as Chief Medical Officer since 2014.
A press release announcing the retirement was issued on April 14, 2026.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Concentra reports preliminary Q4 and FY 2025 results, exceeding guidance, and provides 2026 outlook.
Q4 2025 revenue expected at $539.1 million, up 15.9% from $465.0 million in Q4 2024.
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Full year 2025 revenue expected at $2,163.4 million, up 13.9% from $1,900.2 million in FY 2024.
Q4 2025 Adjusted EBITDA expected at $95.3 million, up 22.9% from $77.5 million in Q4 2024; FY 2025 Adjusted EBITDA expected at $431.9 million, up 14.6% from $376.9 million in FY 2024.
FY 2026 guidance: revenue $2.25B-$2.35B, Adjusted EBITDA $450M-$470M, free cash flow $200M-$225M, capex $70M-$80M, net leverage 3.0x or below.
Full Q4 and FY 2025 results to be released on February 26, 2026, with a conference call on February 27, 2026.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits