Form 4: U.S. Physical Therapy Director Nancy Ham Acquires Restricted Stock

Director Nancy Ham acquired 1,882 shares of restricted stock in U.S. Physical Therapy, Inc., with vesting occurring over the next year.

Summary

• On May 20, 2025, Nancy Ham, a director of U.S. Physical Therapy Inc., acquired 1,882 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 the shares will lapse in three tranches: 941 shares on August 20, 2025, 470 shares on November 20, 2025, and 471 shares on March 6, 2026, contingent on her continued service as a director.
• Following the transaction, Ham directly owns 2,994 shares of U.S. Physical Therapy Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• Continued directorship is required for vesting, incentivizing continued service.

Industry Context

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

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.
• The vesting schedule incentivizes the director to remain with the company, which could benefit stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock, Director, Nancy Ham, USPH, U.S. Physical Therapy Inc.