Form 4: Director James P. Morey Receives UHT Restricted Stock Grant
Statement of Changes in Beneficial Ownership
Universal Health Realty Income Trust director James P. Morey was granted 819 restricted shares of beneficial interest.
Summary
- Director James P. Morey acquired 819 restricted shares of beneficial interest in Universal Health Realty Income Trust (UHT).
- The shares were granted on June 10, 2026, at a price of $0 per share.
- Following this transaction, Mr. Morey's total beneficial ownership stands at 4,769 shares.
- The grant was issued under the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Increase in total beneficial ownership by a member of the board.
Negatives
- None identified.
Risks
- Vesting conditions associated with the restricted stock plan.
- General market risks associated with real estate investment trust (REIT) equity holdings.
Future Outlook
The granted shares are subject to a two-year vesting period, meaning they will fully vest on June 10, 2028.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the REIT sector, intended to incentivize long-term performance and align board interests with those of shareholders.
Comparison to Industry Standards
- The use of restricted stock plans for director compensation is consistent with standard practices among publicly traded REITs.
- The two-year vesting schedule is a common retention and alignment mechanism in the industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock to a director under the 2007 Restricted Stock Plan. | 06/10/2026 | Increases director equity stake, aligning interests with shareholders. |
Stakeholder Impact
- Shareholders: Positive alignment of director interests.
- Director: Increased equity stake in the company.
Next Steps
- Vesting of the 819 restricted shares on June 10, 2028.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the restricted stock grant transaction. |
| 06/11/2026 | Date of filing for the Form 4. |
Keywords
UHT, Universal Health Realty Income Trust, Form 4, Insider Trading, Director Compensation, Restricted Stock
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