UHS (UHS) CFO reports 1,347-share tax-withholding disposition in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Health Services Executive Vice President & CFO Steve Filton reported routine tax-related share dispositions of Class B Common Stock. On March 19 and 21, a total of 1,347 shares were delivered to cover tax liabilities at prices of $189.58 and $185.82 per share, respectively. These were coded as tax-withholding transactions, not open-market sales. Following the dispositions, Filton held 137,865 Class B shares directly, plus 80,500 Class B shares in each of The Betsy H. Filton 2020 Irrevocable Trust and The Steve G. Filton 2020 Irrevocable Trust as indirect holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
FILTON STEVE
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 616 | $185.82 | $114K |
| Tax Withholding | Class B Common Stock | 731 | $189.58 | $139K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 137,865 shares (Direct);
Class B Common Stock — 80,500 shares (Indirect, The Betsy H. Filton 2020 Irrevocable Trust)
Footnotes (1)
FAQ
What did UHS Executive Vice President & CFO Steve Filton report on this Form 4?
Steve Filton reported Class B Common Stock used to cover tax liabilities. Two transactions delivered 1,347 shares in total, categorized as tax-withholding dispositions rather than open-market sales, while maintaining substantial direct and indirect ownership positions in Universal Health Services.
How should investors interpret Form 4 tax-withholding transactions like those reported by UHS’s CFO?
Tax-withholding transactions generally reflect administrative settlement of tax obligations on equity awards. Because these deliveries are non-open-market and tied to compensation mechanics, they typically offer limited insight into an executive’s view of the company’s future prospects.