UHS (NYSE: UHS) chair gets stock award, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Universal Health Services Executive Chairman Alan B. Miller reported a compensation-related equity event in Class B Common Stock. He received 33,149 shares on March 12, 2026 upon vesting of performance-based RSUs granted on March 15, 2023, at a stated price of $0.00 per share. To cover tax obligations, 13,045 shares were disposed of by share withholding at $190.49 per share, a non-market transaction. Following these entries, he holds 1,784,589 Class B shares directly and also reports additional indirect holdings through several family trusts and a foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
MILLER ALAN B
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 33,149 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 13,045 | $190.49 | $2.48M |
| 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 | -- | -- | -- |
| 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 — 1,797,634 shares (Direct);
Class B Common Stock — 55,763 shares (Indirect, By The Abby Miller King 2011 Family Trust)
Footnotes (1)
- Represents shares of Class B Common Stock issued upon the vesting of the performance-based restricted stock units ("RSUs") awarded to the Reporting Person on March 15, 2023, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16. 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.
FAQ
What insider transaction did UHS Executive Chairman Alan B. Miller report?
Alan B. Miller reported vesting of performance-based RSUs into 33,149 Class B shares on March 12, 2026. These shares were issued as compensation, not purchased in the open market, and arose from RSUs granted on March 15, 2023.
Were the UHS insider transactions open-market buys or sells?
No open-market buys or sells are reported. The Form 4 shows a grant of 33,149 shares from vesting RSUs and a tax-withholding disposition of 13,045 shares, both compensation-related events rather than discretionary trading in the market.
What do the performance-based RSUs in this UHS filing represent?
The performance-based RSUs were granted on March 15, 2023 and vested into 33,149 Class B shares after the company met specified performance criteria. Because vesting depended on performance, these shares only became reportable once the conditions were satisfied.
Does the UHS Form 4 mention any disclaimer of beneficial ownership?
Yes, the filing states that Alan B. Miller disclaims beneficial ownership of certain securities referenced. It further notes the report should not be viewed as an admission that he is the beneficial owner of those securities for any legal purpose.