Form 4: Universal Health Services CEO Marc D. Miller Reports Stock Grant
SEC Form 4 Filing
Marc D. Miller, President and CEO of Universal Health Services, reports the acquisition of restricted stock units.
Summary
- On March 19, 2025, Marc D. Miller, the President and CEO of Universal Health Services Inc., reported a transaction involving Class B Common Stock.
- Miller acquired 28,077 shares of Class B Common Stock at a price of $0.
- Following the transaction, Miller directly owns 280,472 shares.
- Miller also indirectly owns shares through various entities and trusts.
- These restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and units will vest ratably on 3/19/2026, 3/19/2027, 3/19/2028 and 3/19/2029.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating confidence in the company's future. The vesting schedule promotes long-term alignment.
Positives
- The grant of restricted stock units aligns the CEO's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the CEO.
Future Outlook
The vesting schedule of the restricted stock units suggests a long-term commitment from the CEO to the company's success.
Industry Context
Stock grants are a common form of executive compensation in the healthcare industry, aligning management's interests with shareholder value.
Comparison to Industry Standards
- Executive compensation packages, including stock grants, are common in publicly traded healthcare companies like HCA Healthcare, Tenet Healthcare, and Community Health Systems.
- The vesting schedule is typical for such grants, encouraging long-term performance and retention.
Stakeholder Impact
- Shareholders may view the stock grant positively as it aligns management's interests with long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction (stock grant). |
| 03/19/2026 | First vesting date for restricted stock units. |
| 03/19/2027 | Second vesting date for restricted stock units. |
| 03/19/2028 | Third vesting date for restricted stock units. |
| 03/19/2029 | Final vesting date for restricted stock units. |
| 03/20/2025 | Date of signature. |
Keywords
UHS, Universal Health Services, Marc D. Miller, Stock Grant, Class B Common Stock, Restricted Stock Units, Form 4, Beneficial Ownership
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