Form 4: Universal Health Services Executive Vice President Matthew Peterson Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President of Universal Health Services, Matthew Peterson, reports the acquisition and disposal of Class B Common Stock and related derivative securities.
Summary
- On March 4th and 5th, 2024, Matthew Peterson, an Executive Vice President at Universal Health Services Inc. (UHS), engaged in multiple transactions involving Class B Common Stock.
- These transactions included the exercise of options to purchase Class B Common Stock at prices ranging from $67.69 to $152.68.
- Following the exercise of these options, Peterson disposed of shares to cover tax obligations and potentially for personal financial management.
- The sales prices for the disposed shares ranged from $171.90 to $176.99.
- After these transactions, Peterson still beneficially owns a significant amount of Class B Common Stock and derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company executive, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.
- The transactions themselves are unlikely to have a significant impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 03/18/2021 | Vesting date for some options. |
| 09/18/2021 | Vesting date for some options. |
| 03/17/2022 | Vesting date for some options. |
| 03/18/2022 | Vesting date for some options. |
| 09/18/2022 | Vesting date for some options. |
| 03/17/2023 | Vesting date for some options. |
| 03/18/2023 | Vesting date for some options. |
| 09/18/2023 | Vesting date for some options. |
| 03/04/2024 | Date of earliest transaction reported. |
| 03/05/2024 | Date of transactions reported. |
| 03/17/2024 | Vesting date for some options. |
| 09/17/2024 | Expiration date for some options. |
| 03/17/2025 | Expiration date for some options. |
| 03/16/2026 | Expiration date for some options. |
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