Form 4: Universal Health Realty Income Trust: CFO Charles Boyle Receives Restricted Stock Grant

Charles Boyle, Senior Vice President and CFO of Universal Health Realty Income Trust, was granted 3,536 restricted shares of beneficial interest on June 5, 2024.

Summary

• Charles Boyle, the Senior Vice President and CFO of Universal Health Realty Income Trust, filed a Form 4 on June 6, 2024, reporting a transaction.
• On June 5, 2024, Boyle acquired 3,536 shares of beneficial interest as part of a restricted stock grant.
• These shares were granted under the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan.
• The restricted shares will vest on the second anniversary of the grant date.
• Following the reported transaction, Boyle beneficially owns 40,274 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of restricted stock is a common practice and generally viewed as a positive sign of aligning management interests with shareholders.

Positives

• The grant of restricted stock aligns the CFO's interests with those of the shareholders, incentivizing him to work towards the company's long-term success.

Industry Context

Stock grants are a common form of executive compensation in the real estate investment trust (REIT) industry, aligning management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns management's interests with the company's performance.

Key Dates