What is Marc D. Miller’s direct UHS share ownership after these transactions?

After the tax-withholding dispositions, Marc D. Miller directly holds 358,906 shares of Universal Health Services Class B Common Stock. This figure reflects his direct ownership position following the most recent reported transaction on the Form 4.

UHS CEO has 5,001 shares withheld for taxes

Q: What insider transaction did UHS CEO Marc D. Miller report on this Form 4?

Marc D. Miller reported tax-withholding dispositions of Universal Health Services Class B Common Stock. A total of 5,001 shares were used to satisfy tax obligations, rather than being sold in a traditional open-market transaction.

Q: How many UHS shares were used for Marc D. Miller’s tax withholding and at what prices?

Marc D. Miller used 5,001 shares of Class B Common Stock for tax withholding. The filing shows 2,762 shares valued at $189.58 per share and 2,239 shares valued at $185.82 per share to satisfy tax-related obligations.

Q: What indirect UHS share holdings are reported for Marc D. Miller on this Form 4?

The Form 4 lists indirect holdings through several family trusts. Examples include 49,294 shares in The Abby Danielle Miller 2002 Trust and 55,763 shares in The Abby Miller King 2011 Family Trust, along with additional trusts holding Class B Common Stock.

Q: What type of security is involved in Marc D. Miller’s UHS Form 4 filing?

All reported entries involve Class B Common Stock of Universal Health Services Inc. The filing details both tax-withholding dispositions of this security and various direct and indirect holdings associated with Marc D. Miller and related family trusts.

UNIVERSAL HEALTH SERVICES INC President and CEO Marc D. Miller reported that a total of 5,001 shares of Class B Common Stock were disposed of as tax-withholding transactions, using shares to pay tax obligations rather than cash.

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Form Type

Rhea-AI Filing Summary

UNIVERSAL HEALTH SERVICES INC President and CEO Marc D. Miller reported that a total of 5,001 shares of Class B Common Stock were disposed of as tax-withholding transactions, using shares to pay tax obligations rather than cash.

The Form 4 shows 2,762 shares at $189.58 and 2,239 shares at $185.82 used for this purpose, leaving him with 358,906 shares held directly after the latest transaction. He also reports indirect holdings through several family trusts, such as 49,294 shares in The Abby Danielle Miller 2002 Trust and 55,763 shares in The Abby Miller King 2011 Family Trust.

Insider Trade Summary

Exercise Price or Tax Liability: 5,001 shares

Exercise Price or Tax Liability 8 txns

Insider Miller Marc D

Role President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class B Common Stock	2,239	$185.82	$416K
Exercise Price or Tax Liability	Class B Common Stock	2,762	$189.58	$524K
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 358,906 shares (Direct); Class B Common Stock — 49,294 shares (Indirect, The Abby Danielle Miller 2002 Trust); Class B Common Stock — 55,763 shares (Indirect, The Abby Miller King 2011 Family Trust); Class B Common Stock — 36,988 shares (Indirect, The Marc Daniel Miller 2002 Trust); Class B Common Stock — 59,900 shares (Indirect, The Marc Daniel Miller 2011 Family Trust); Class B Common Stock — 69,726 shares (Indirect, The Marni Spencer 2002 Trust); Class B Common Stock — 55,763 shares (Indirect, The Marni Spencer 2011 Family Trust)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did UHS CEO Marc D. Miller report on this Form 4?

Marc D. Miller reported tax-withholding dispositions of Universal Health Services Class B Common Stock. A total of 5,001 shares were used to satisfy tax obligations, rather than being sold in a traditional open-market transaction.

How many UHS shares were used for Marc D. Miller’s tax withholding and at what prices?

Marc D. Miller used 5,001 shares of Class B Common Stock for tax withholding. The filing shows 2,762 shares valued at $189.58 per share and 2,239 shares valued at $185.82 per share to satisfy tax-related obligations.

Do Marc D. Miller’s reported UHS transactions represent an open-market sale of shares?

The transactions are coded as F, described as “payment of exercise price or tax liability by delivering securities.” This indicates tax-withholding dispositions rather than open-market sales, meaning shares were used to cover obligations instead of being sold on the market.

What type of security is involved in Marc D. Miller’s UHS Form 4 filing?

All reported entries involve Class B Common Stock of Universal Health Services Inc. The filing details both tax-withholding dispositions of this security and various direct and indirect holdings associated with Marc D. Miller and related family trusts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/23/2026 - 04:15 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Miller Marc D

(Last)

(First)

(Middle)

UNIVERSAL HEALTH SERVICES, INC.

367 SOUTH GULPH ROAD

(Street)

KING OF PRUSSIA

PENNSYLVANIA

19406

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL HEALTH SERVICES INC [ UHS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	03/19/2026		F		2,762	D	$189.58	361,145	D
Class B Common Stock	03/21/2026		F		2,239	D	$185.82	358,906	D
Class B Common Stock								49,294	I	The Abby Danielle Miller 2002 Trust
Class B Common Stock								55,763	I	The Abby Miller King 2011 Family Trust
Class B Common Stock								36,988	I	The Marc Daniel Miller 2002 Trust
Class B Common Stock								59,900	I	The Marc Daniel Miller 2011 Family Trust
Class B Common Stock								69,726	I	The Marni Spencer 2002 Trust
Class B Common Stock								55,763	I	The Marni Spencer 2011 Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Steve Filton, Attorney in Fact for Marc D. Miller	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR