UHS (UHS) director Elliot Sussman granted 1,217 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUSSMAN ELLIOT J MD MBA reported acquisition or exercise transactions in this Form 4 filing.
Universal Health Services director Elliot J. Sussman received an equity grant in the form of restricted stock units of the company’s Class B Common Stock. He was awarded 1,217 restricted stock units, which increased his direct holdings to 7,330 shares after the transaction.
The grant was made at no cash cost to Sussman and was issued under the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan. All units are scheduled to vest on the earlier of May 20, 2027 or the next annual meeting of stockholders that occurs at least 50 weeks after the 2026 annual meeting date of May 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SUSSMAN ELLIOT J MD MBA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 1,217 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 7,330 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,217 restricted stock units
Holdings after grant: 7,330 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
1,217 restricted stock units
Award of Class B Common Stock units on May 20, 2026
Holdings after grant
7,330 shares
Total direct Class B Common Stock after transaction
Grant price per share
$0.0000 per share
Equity compensation, no cash paid by director
Latest vesting date
May 20, 2027
All RSUs vest by this date at the latest
Meeting-based vest trigger
At least 50 weeks
Next annual meeting must be 50+ weeks after May 20, 2026
Key Terms
restricted stock units, Amended and Restated 2020 Omnibus Stock and Incentive Plan, vest, annual meeting of stockholders
4 terms
restricted stock units financial
"The restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2020 Omnibus Stock and Incentive Plan financial
"granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan"
vest financial
"all units shall vest on the earlier of May 20, 2027 or the next annual meeting of stockholders"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the earlier of May 20, 2027 or the next annual meeting of stockholders which is at least 50 weeks after the 2026 annual meeting date of May 20, 2026"
FAQ
What did UHS director Elliot J. Sussman receive in this Form 4 filing?
Elliot J. Sussman received 1,217 restricted stock units of Universal Health Services Class B Common Stock. These units were granted as equity compensation under the company’s Amended and Restated 2020 Omnibus Stock and Incentive Plan.
When do Elliot J. Sussman’s newly granted UHS restricted stock units vest?
All of Sussman’s newly granted restricted stock units vest on the earlier of May 20, 2027 or the next annual meeting of stockholders that occurs at least 50 weeks after the May 20, 2026 annual meeting.
What plan governs the UHS restricted stock units granted to Elliot J. Sussman?
The restricted stock units were granted under the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan. This plan provides for stock-based incentives such as restricted stock units for directors and other eligible participants.
Did Elliot J. Sussman pay cash for the UHS restricted stock units granted?
No cash changed hands for this transaction; the Form 4 shows a $0.0000 transaction price per share. The 1,217 restricted stock units were granted as equity compensation rather than purchased in the open market.