Form 4: Alan B. Miller, Executive Chairman of Universal Health Services, Donates Shares to Charity

Alan B. Miller, Executive Chairman of Universal Health Services, donated 900 Class B shares to the Ronald McDonald House on August 2, 2024.

Summary

• Alan B. Miller, the Executive Chairman of Universal Health Services, Inc. (UHS), reported a change in beneficial ownership of the company's Class B Common Stock on August 5, 2024.
• On August 2, 2024, Miller donated 900 Class B shares to the Ronald McDonald House.
• Following the transaction, Miller directly owns 1,125,174 Class B Common Stock shares.
• Miller also indirectly owns shares through various entities and trusts, including AMK 2014 LLC, MDM 2014 LLC, MS 2014 LLC, The Alan and Jill Miller Foundation, and several family trusts and GRATs.
• Miller disclaims beneficial ownership of the securities held by The Alan and Jill Miller Foundation.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing related to a charitable donation. It doesn't inherently convey positive or negative sentiment, but the charitable aspect is mildly positive.

Positives

• The charitable donation to the Ronald McDonald House could be viewed positively.

Management Comments

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

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and major shareholders.

Stakeholder Impact

• The donation to the Ronald McDonald House may have a positive impact on the charity and its beneficiaries.

Key Dates