Form 4: Alan B. Miller Reports Acquisition of Universal Health Services Stock

Alan B. Miller, Executive Chairman of Universal Health Services, reports the acquisition of Class B Common Stock and provides details on beneficial ownership.

Summary

• Alan B. Miller, the Executive Chairman of Universal Health Services Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 19, 2025, Miller acquired 14,213 shares of Class B Common Stock at $0.
• Following the transaction, Miller directly owns 1,377,612 shares of Class B Common Stock.
• Miller also has indirect ownership through various entities and trusts, including AMK 2014 LLC, The Abby Danielle Miller 2002 Trust, The Abby Miller King 2011 Family Trust, MDM 2014 LLC, The Marc Daniel Miller 2002 Trust, MS 2014 LLC, The Marni Spencer 2002 Trust, The Alan and Jill Miller Foundation, The Marc Daniel Miller 2011 Family Trust, The Marni Spencer 2011 Family Trust, Abby Miller King 2023 GRAT, Abby Miller King 2024 GRAT, Marc Daniel Miller 2023 GRAT, Marc Daniel Miller 2024 GRAT, Marni Spencer 2023 GRAT and Marni Spencer 2024 GRAT.
• The restricted stock units granted will vest ratably on March 19, 2026, March 19, 2027, March 19, 2028 and March 19, 2029.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing stock transactions by an insider. The acquisition of shares by the Executive Chairman could be interpreted slightly positively, but it's primarily an informational document.

Positives

• The acquisition of shares by the Executive Chairman could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest ratably on 3/19/2026, 3/19/2027, 3/19/2028 and 3/19/2029.

Management Comments

• Mr. Alan B. Miller disclaims beneficial ownership of these securities held by The Alan and Jill Miller Foundation, 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 routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the Executive Chairman's stake in the company.
• The vesting schedule of the restricted stock units may incentivize the Executive Chairman to focus on long-term value creation.

Key Dates

Keywords

Form 4, beneficial ownership, Alan B. Miller, Universal Health Services, UHS, Class B Common Stock, restricted stock units, insider trading