Form 4: Universal Health Realty Income Trust CEO Alan Miller Receives Stock Grant, Disposes of Shares Held by Family Foundation

Alan Miller, President and CEO of Universal Health Realty Income Trust, received a grant of 6,083 restricted shares and disclaims beneficial ownership of 42,000 shares held by The Alan B. Miller Family Foundation.

Summary

• On June 5, 2024, Alan B. Miller, the President and CEO of Universal Health Realty Income Trust, received 6,083 restricted shares of beneficial interest.
• These shares were granted under the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan and will vest on the second anniversary of the grant date.
• Mr. Miller also disclaimed beneficial ownership of 42,000 shares of beneficial interest held by The Alan B. Miller Family Foundation.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The grant of restricted shares aligns the CEO's interests with those of the shareholders, incentivizing him to improve the company's performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Management Comments

• Mr. Miller disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Miller is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates changes in Alan Miller's holdings of Universal Health Realty Income Trust shares.

Stakeholder Impact

• The stock grant to the CEO could positively impact shareholders by aligning his interests with theirs.
• The disclaimer of ownership of shares held by the family foundation has minimal impact on stakeholders.

Key Dates