Form 4: U.S. Physical Therapy CFO Carey Hendrickson Reports Stock Disposal

Carey Hendrickson, CFO of U.S. Physical Therapy, reports the disposal of common stock and provides details on remaining holdings and vesting schedules.

Summary

• Carey Hendrickson, the Chief Financial Officer of U.S. Physical Therapy Inc., filed a Form 4 with the SEC on March 18, 2025.
• The form reports a transaction on March 11, 2025, where 63 shares of common stock were disposed of.
• Following the transaction, Hendrickson directly owns 28,506 shares of common stock.
• A portion of these shares will vest in installments on various dates through March 6, 2029, contingent upon continued employment.
• Hendrickson has also granted power of attorney to Richard Binstein and Kate Venturina for SEC filings related to U.S. Physical Therapy securities.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. The sentiment is neither positive nor negative.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a relatively small disposal of shares by the CFO, which may or may not be significant depending on the context of the company's overall performance and insider trading activity.

Stakeholder Impact

• The disposal of shares by a key executive could be perceived negatively by some shareholders, although the small number of shares involved suggests it is unlikely to have a significant impact.

Key Dates