Form 4: Universal Health Services Executive Chairman Alan B. Miller Reports Stock Transactions

Alan B. Miller, Executive Chairman of Universal Health Services, reports the acquisition and disposal of Class B Common Stock and related derivative securities.

Summary

• On March 4, 2024, Alan B. Miller, the Executive Chairman of Universal Health Services Inc. [UHS], reported transactions involving Class B Common Stock.
• Miller acquired 65,000 shares of Class B Common Stock at a price of $134.02 per share.
• He also disposed of 56,311 shares of Class B Common Stock at $174.6 per share.
• Following these transactions, Miller directly owns 1,099,141 shares of Class B Common Stock.
• Miller also indirectly owns shares through various trusts and LLCs.
• The report also details the exercise of options to purchase Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

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

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of key executives.

Stakeholder Impact

• The transactions could influence investor perception of the company, although the impact is likely to be minimal given the nature of the filing.
• Shareholders are informed about insider trading activities, promoting transparency.

Key Dates