Form 4: U.S. Physical Therapy COO Graham Reeve Reports Stock Sale and Vesting of Restricted Shares

Graham Reeve, COO of U.S. Physical Therapy, sold 1,730 shares of common stock at $82.11 and reported the vesting schedule of 19,192 restricted shares.

Summary

• Graham D. Reeve, COO of U.S. Physical Therapy Inc., filed a Form 4 on March 7, 2025, reporting changes in beneficial ownership.
• Reeve sold 1,730 shares of common stock at a price of $82.11 per share.
• Following the transaction, Reeve directly owns 7,168 shares and indirectly owns 19,192 shares through the Reeve Trust.
• The 19,192 shares were granted as restricted stock pursuant to the Company Amended and Restated 2003 Stock Incentive Plan.
• The restricted shares will vest in installments between May 20, 2025, and March 6, 2029, contingent upon continued employment.
• Reeve has granted Richard Binstein and Kate Venturina power of attorney for SEC filings related to U.S. Physical Therapy stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, reflecting neutral sentiment. It reports transactions and vesting schedules without expressing any positive or negative outlook.

Industry Context

This filing is a routine disclosure related to insider trading and stock ownership, common for publicly traded companies. It provides transparency regarding the transactions of company executives.

Stakeholder Impact

• The stock sale by a key executive could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the executive's motives.

Key Dates