Director at Universal Health (NYSE: UHT) granted 819 restricted shares

Rhea-AI Filing Summary

Miller Marc D reported acquisition or exercise transactions in this Form 4 filing.

UNIVERSAL HEALTH REALTY INCOME TRUST director Marc D. Miller received a grant of 819 restricted shares of beneficial interest. The award was made at a stated price of $0.00 per share as compensation, not a market purchase. Following this grant, he directly holds 8,023 shares. The restricted shares were granted under the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan and will vest on the second anniversary of the grant date, meaning Miller must remain eligible over that period before the shares fully vest.

Insights

Equity compensation analyst

Routine director equity grant with time-based vesting.

Director Marc D. Miller acquired 819 restricted shares of beneficial interest in Universal Health Realty Income Trust as a compensation grant at a stated price of $0.00 per share, rather than via an open-market purchase.

The award was issued under the Amended and Restated 2007 Restricted Stock Plan and will vest on the second anniversary of the grant date. This type of time-based vesting is typical for director equity and is designed to align interests over a multi-year period.

After the grant, Miller directly holds 8,023 shares. Since there are no related sales, derivative exercises, or 10b5-1 plan references in this filing, the transaction reads as standard ongoing compensation rather than an active trading signal for the stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Miller Marc D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Shares Of Beneficial Interest	819	$0.00	--

Holdings After Transaction: Shares Of Beneficial Interest — 8,023 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted shares granted: 819 shares Grant price per share: $0.00 per share Shares held after grant: 8,023 shares +1 more

4 metrics

Restricted shares granted 819 shares Grant of restricted shares of beneficial interest

Grant price per share $0.00 per share Stated transaction price for awarded shares

Shares held after grant 8,023 shares Total direct holdings following transaction

Vesting period Two years Shares vest on second anniversary of grant date

Key Terms

restricted shares of beneficial interest, Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan, vest, Shares Of Beneficial Interest

4 terms

restricted shares of beneficial interest financial

"These restricted shares of beneficial interest were granted pursuant to the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan"

Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan financial

"were 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.

Shares Of Beneficial Interest financial

"security_title": "Shares Of Beneficial Interest""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/11/2026 - 04:48 PM Accepted by SEC EDGAR 06/11/2026 - 04:47 PM Learn about SEC filing dates

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 CORPORATE CENTER

367 S. GULPH ROAD

(Street)

KING OF PRUSSIA PENNSYLVANIA 19406

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL HEALTH REALTY INCOME TRUST [ UHT ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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)
			Code	V	Amount	(A) or (D)	Price
Shares Of Beneficial Interest	06/10/2026		A		819(1)	A	$0	8,023	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These restricted shares of beneficial interest were granted pursuant to the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan and shall vest on the second anniversary of the grant date.

	/s/ Charles F. Boyle, Attorney-in-Fact for Mr. Marc D. Miller	06/11/2026
	** 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)

FAQ

What insider transaction did UHT director Marc D. Miller report?

Marc D. Miller reported receiving a grant of 819 restricted shares of beneficial interest in Universal Health Realty Income Trust. This was a compensation award, not an open-market purchase, and increases his directly held position in the trust to 8,023 shares after the transaction.

How many UHT shares did Marc D. Miller hold after this Form 4 grant?

After the grant, Marc D. Miller directly holds 8,023 shares of beneficial interest in Universal Health Realty Income Trust. This total includes the new 819 restricted shares awarded under the company’s 2007 Restricted Stock Plan, subject to their future vesting conditions being satisfied.

Was cash paid for the 819 UHT restricted shares granted to Marc D. Miller?

No cash was paid for the 819 restricted shares; they were granted at a stated price of $0.00 per share. The award represents equity compensation from Universal Health Realty Income Trust rather than a market transaction where the director bought shares with personal funds.

When do Marc D. Miller’s newly granted UHT restricted shares vest?

The 819 restricted shares of beneficial interest granted to Marc D. Miller will vest on the second anniversary of the grant date. Until that vesting date, the award remains subject to the time-based condition described in the Amended and Restated 2007 Restricted Stock Plan.

Under what plan were the 819 UHT restricted shares granted to Marc D. Miller?

The restricted shares were granted under the Amended and Restated Universal Health Realty Income Trust 2007 Restricted Stock Plan. This plan governs director and employee equity awards, including the time-based vesting requirement that these 819 shares vest two years after the grant date.

Does this UHT Form 4 show any stock sales or option exercises by Marc D. Miller?

This Form 4 only shows an acquisition of 819 restricted shares as a grant and no stock sales or option exercises. The filing indicates one non-derivative award transaction, increasing Marc D. Miller’s directly held position to 8,023 shares in the trust.