Form 4: U.S. Physical Therapy Co-Chief Operations Officer Sells 2,000 Shares
SEC Form 4 Filing
Eric Joseph Williams, Co-Chief Operations Officer of U.S. Physical Therapy Inc., sold 2,000 shares of common stock at a weighted average price of $95.84.
Summary
- Eric Joseph Williams, Co-Chief Operations Officer at U.S. Physical Therapy Inc., sold 2,000 shares of the company's common stock on November 8, 2024.
- The shares were sold at a weighted average price of $95.84, with individual transaction prices ranging from $95.83 to $95.84.
- Following the transaction, Williams directly owns 14,814 shares of U.S. Physical Therapy Inc.
- This total includes 11,806 shares granted as restricted stock under the company's 2003 Stock Incentive Plan, which vest over time.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for publicly traded companies when executives trade company stock. It provides transparency into insider transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The sale of 2,000 shares by an executive is not unusual and is within the normal range of insider transactions.
- Comparable companies in the healthcare services sector also have executives who regularly file Form 4s for stock transactions.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of the stock sale transaction by Eric Joseph Williams. |
| 01/01/2025 | Date when 1,409 restricted shares vest. |
| 04/01/2025 | Date when 1,408 restricted shares vest. |
| 07/01/2025 | Date when 1,414 restricted shares vest. |
| 10/01/2025 | Date when 1,130 restricted shares vest. |
| 01/01/2026 | Date when 1,139 restricted shares vest. |
| 04/01/2026 | Date when 818 restricted shares vest. |
| 07/01/2026 | Date when 818 restricted shares vest. |
| 10/01/2026 | Date when 818 restricted shares vest. |
| 01/01/2027 | Date when 827 restricted shares vest. |
| 04/01/2027 | Date when 506 restricted shares vest. |
| 07/01/2027 | Date when 506 restricted shares vest. |
| 10/01/2027 | Date when 506 restricted shares vest. |
| 01/01/2028 | Date when 507 restricted shares vest. |
Keywords
insider trading, stock sale, Form 4, USPH, U.S. Physical Therapy Inc., executive, stock options, restricted stock
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