Form 4: U.S. Physical Therapy Director Anne Motsenbocker Reports Acquisition of Restricted Stock

Director Anne Motsenbocker reports acquisition of 1,424 shares of restricted stock in U.S. Physical Therapy Inc.

Summary

• On May 20, 2024, Anne Motsenbocker, a director of U.S. Physical Therapy Inc., acquired 1,424 shares of common stock.
• These shares were granted as restricted stock under the company's Amended and Restated 2003 Stock Incentive Plan.
• The restrictions on 356 shares will lapse quarterly on July 1, 2024, October 1, 2024, January 1, 2025, and April 1, 2025, contingent on Motsenbocker's continued service as a director.
• Following the transaction, Motsenbocker beneficially owns 5,624 shares of U.S. Physical Therapy Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with shareholders.

Positives

• The acquisition of restricted stock aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service and commitment to the company.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Stakeholder Impact

• The granting of restricted stock can positively impact shareholders by aligning management's interests with the company's long-term success.

Key Dates