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

Karla J Peterson, Vice President of Universal Health Realty Income Trust, was granted 1,540 restricted shares of beneficial interest, increasing her total beneficial ownership to 5,048 shares.

Summary

• Karla J Peterson, Vice President of Universal Health Realty Income Trust (UHT), acquired 1,540 shares of beneficial interest.
• These shares were granted at a price of $0, indicating they are restricted shares as part of an equity compensation plan.
• The grant was made pursuant to the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan.
• The newly acquired shares will vest on the second anniversary of the grant date.
• Following this transaction, Ms. Peterson's total beneficial ownership in UHT stands at 5,048 shares.

Sentiment

Score: 7

Explanation: The grant of restricted shares to a Vice President is a positive signal for aligning management incentives with shareholder interests, though it is a standard compensation practice and not indicative of extraordinary performance or significant new developments.

Positives

• The grant of restricted shares aligns management's long-term interests with those of shareholders, promoting sustained performance.
• Increases the Vice President's direct equity stake in the company, demonstrating commitment and confidence.

Future Outlook

The 1,540 restricted shares granted to Vice President Karla J Peterson are scheduled to vest on the second anniversary of the grant date, which is June 11, 2025.

Industry Context

This Form 4 filing details a routine insider transaction involving a restricted stock grant, which is a common practice in the real estate investment trust (REIT) sector and across various industries. Such grants are standard components of executive compensation packages, designed to align the interests of management with long-term shareholder value creation.

Comparison to Industry Standards

• Restricted stock grants are a prevalent form of executive compensation in the REIT sector, mirroring practices at comparable companies such as Welltower Inc. (WELL) and Ventas, Inc. (VTR).
• The grant of shares at a $0 price is typical for restricted stock awards, which are compensation rather than direct purchases.
• A two-year vesting period, as indicated by the 'second anniversary of the grant date,' is a common and standard practice for such equity awards, aiming to retain executives and incentivize long-term performance.

Corporate Governance

Related Party Transactions

• Grant of 1,540 restricted shares to Karla J Peterson, a Vice President of Universal Health Realty Income Trust, as part of her executive compensation package.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with long-term shareholder value due to the vesting schedule of the restricted stock.
• Employees: Reflects standard executive compensation practices, potentially signaling stability and continuity within the executive team.

Next Steps

• Vesting of the 1,540 restricted shares on the second anniversary of June 11, 2025.

Key Dates

Keywords

Universal Health Realty Income Trust, UHT, SEC Form 4, Restricted Stock Grant, Insider Ownership, Executive Compensation, Beneficial Ownership, Karla J Peterson