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

Alan B. Miller, Executive Chairman of Universal Health Services, reports charitable donations of Class B shares and updates to beneficial ownership.

Summary

• This Form 4 filing reports changes in beneficial ownership of Universal Health Services (UHS) stock by Alan B. Miller, the Executive Chairman.
• On July 29, 2024, Mr. Miller donated 100 Class B shares to the Ronald McDonald House.
• On July 26, 2024, he donated 2,000 Class B shares to the Kimmel Center.
• Following these transactions, Mr. Miller directly owns 1,126,174 Class B shares.
• The filing also details indirect ownership through various LLCs and trusts, including AMK 2014 LLC, MDM 2014 LLC, MS 2014 LLC, The Alan and Jill Miller Foundation, and family trusts.
• Mr. Miller disclaims beneficial ownership of shares held by The Alan and Jill Miller Foundation.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing share donations, which has a neutral sentiment. The charitable aspect is slightly positive.

Positives

• The charitable donations may be viewed positively by stakeholders.

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 standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The charitable donations may have a positive impact on the reputation of Universal Health Services.

Key Dates