Form 4: Universal Health Services CEO Marc Miller Executes Stock Options, Disposes of Shares
SEC Form 4
Marc D. Miller, President and CEO of Universal Health Services, exercised stock options and disposed of shares on March 10, 2025.
Summary
- On March 10, 2025, Marc D. Miller, the President and CEO of Universal Health Services Inc. [UHS], executed options to purchase 29,220 shares of Class B Common Stock at $74.46 and 25,000 shares at $67.69.
- Following the exercise of these options, Miller disposed of 35,615 shares at a price of $176.895.
- After these transactions, Miller directly owns 223,878 shares of Class B Common Stock.
- Miller also indirectly owns shares through various trusts and LLCs, including AMK 2014 LLC, MDM 2014 LLC, MS 2014 LLC, The Abby Danielle Miller 2002 Trust, The Abby Miller King 2011 Family Trust, The Marc Daniel Miller 2002 Trust, The Marc Daniel Miller 2011 Family Trust, The Marni Spencer 2002 Trust and The Marni Spencer 2011 Family Trust.
- Following the transactions, Miller directly holds zero options to purchase Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider. It provides transparency into the trading activities of key executives, which can be of interest to investors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/18/2021 | Option vested ratably |
| 03/18/2022 | Option vested ratably |
| 03/18/2023 | Option vested ratably |
| 03/18/2024 | Option vested ratably |
| 03/10/2025 | Earliest transaction date; options exercised and shares disposed of |
| 03/11/2025 | Date of signature |
| 03/17/2025 | Expiration date of options |
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