Form 4: Universal Health Realty Income Trust Director Receives Restricted Stock Grant

Universal Health Realty Income Trust Director Marc D. Miller was granted 821 restricted shares of beneficial interest, increasing his total holdings to 7,204 shares.

Summary

• Marc D. Miller, a Director of Universal Health Realty Income Trust (UHT), acquired 821 shares of beneficial interest.
• The transaction occurred on June 11, 2025.
• These shares were granted at a price of $0, indicating they are restricted shares.
• The grant was made pursuant to 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 this transaction, Mr. Miller's total beneficial ownership stands at 7,204 shares.

Sentiment

Score: 7

Explanation: The grant of restricted shares to a director is a positive sign of alignment between management and shareholder interests, though it is a routine compensation event rather than a significant strategic announcement.

Positives

• Director Marc D. Miller's beneficial ownership in Universal Health Realty Income Trust increased by 821 shares, demonstrating continued alignment with shareholder interests.
• The grant of restricted shares at a $0 price indicates a compensation component, aligning management incentives with long-term company performance.

Future Outlook

The 821 restricted shares granted to Director Marc D. Miller are scheduled to vest on the second anniversary of the grant date, aligning his incentives with the company's long-term performance.

Industry Context

This Form 4 filing reports a routine insider transaction, specifically a grant of restricted stock to a director, which is a common practice for executive and director compensation across various industries to align long-term interests.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with long-term shareholder value through equity ownership.
• Management: Marc D. Miller's compensation package includes equity, incentivizing long-term performance.

Next Steps

• The 821 restricted shares granted to Marc D. Miller will vest on the second anniversary of the grant date (June 11, 2027).

Key Dates

Recommendation

Keywords

Universal Health Realty Income Trust, UHT, Marc D. Miller, Form 4, SEC filing, insider transaction, restricted stock, beneficial ownership, director compensation