USPH.NYSEU S Physical Therapy INC /NV

Form 4: U.S. Physical Therapy COO Graham Reeve Sells Shares

Sentiment:

SEC Form 4

📋All filings for U S Physical Therapy INC /NV
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Graham Reeve, COO of U.S. Physical Therapy, sold 2,629 shares of common stock at a weighted average price of $104.39 on March 4, 2024.

Summary

  • On March 4, 2024, Graham Reeve, the COO of U.S. Physical Therapy Inc., sold 2,629 shares of the company's common stock.
  • The sale was executed at a weighted average price of $104.39 per share.
  • Following the transaction, Reeve directly owns 18,260 shares and indirectly owns 6,902 shares through the Reeve Trust.
  • The directly owned shares include 18,260 shares granted as restricted stock under the company's Amended and Restated 2003 Stock Incentive Plan, which vest in installments through January 1, 2028, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an insider.

Industry Context

Insider sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, they don't always indicate a negative outlook.

Key Dates

DateDescription
03/04/2024Date of stock sale transaction.
03/05/2024Date of signature on the Form 4 filing.
April 1, 2024Vesting date for 1,792 restricted shares.
July 1, 2024Vesting date for 1,792 restricted shares.
October 1, 2024Vesting date for 1,792 restricted shares.
January 1, 2025Vesting date for 1,793 restricted shares.
April 1, 2025Vesting date for 1,442 restricted shares.
July 1, 2025Vesting date for 1,442 restricted shares.
October 1, 2025Vesting date for 1,442 restricted shares.
January 1, 2026Vesting date for 1,459 restricted shares.
April 1, 2026Vesting date for 818 restricted shares.
July 1, 2026Vesting date for 818 restricted shares.
October 1, 2026Vesting date for 818 restricted shares.
January 1, 2027Vesting date for 827 restricted shares.
April 1, 2027Vesting date for 506 restricted shares.
July 1, 2027Vesting date for 506 restricted shares.
October 1, 2027Vesting date for 506 restricted shares.
January 1, 2028Vesting date for 507 restricted shares.

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