Executive at Universal Health Realty (NYSE: UHT) receives 3,631 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAMAGANO CHERYL K reported acquisition or exercise transactions in this Form 4 filing.
UNIVERSAL HEALTH REALTY INCOME TRUST reported that SVP, Operations and Treasurer Cheryl K. Ramagano received a grant of 3,631 restricted shares of beneficial interest. These shares were awarded at no cash cost to her and increase her direct holdings to 49,611 shares.
The restricted shares were granted under the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan and are scheduled to vest on the second anniversary of the grant date, tying the award to continued service over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAMAGANO CHERYL K
Role
SVP, Operations and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Beneficial Interest | 3,631 | $0.00 | -- |
Holdings After Transaction:
Shares Of Beneficial Interest — 49,611 shares (Direct)
Footnotes (1)
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Key Figures
Restricted share grant: 3,631 shares
Holdings after transaction: 49,611 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Restricted share grant
3,631 shares
Grant of restricted shares of beneficial interest
Holdings after transaction
49,611 shares
Total direct shares following grant
Grant price per share
$0.0000 per share
Reported transaction price for restricted shares
Vesting schedule
Second anniversary of grant
Restricted shares vest two years after grant date
Key Terms
restricted shares of beneficial interest, Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan, vest, grant, award, or other acquisition
4 terms
Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan financial
"granted pursuant to the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan"
vest financial
"and shall vest on the second anniversary of the grant date"
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.
grant, award, or other acquisition financial
"transaction code description indicates a Grant, award, or other acquisition"
FAQ
What insider transaction did UHT disclose for Cheryl K. Ramagano?
Universal Health Realty Income Trust disclosed that SVP, Operations and Treasurer Cheryl K. Ramagano received a grant of 3,631 restricted shares of beneficial interest. The award was made at no cash cost and represents a compensation-related equity grant, not an open-market purchase.