Universal Health Realty (UHT) awards CFO 3,631 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOYLE CHARLES F reported acquisition or exercise transactions in this Form 4 filing.
UNIVERSAL HEALTH REALTY INCOME TRUST reported that Senior Vice President and CFO Charles F. Boyle received a grant of 3,631 restricted shares of beneficial interest. The award was granted at no cash cost to him under the company’s Amended and Restated 2007 Restricted Stock Plan.
The restricted shares will vest on the second anniversary of the grant date, meaning Boyle must remain in service until then to receive them in full. Following this equity grant, he directly holds a total of 47,404 shares of beneficial interest in the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOYLE CHARLES F
Role
Senior Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Beneficial Interest | 3,631 | $0.00 | -- |
Holdings After Transaction:
Shares Of Beneficial Interest — 47,404 shares (Direct)
Footnotes (1)
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Key Figures
Restricted shares granted: 3,631 shares
Price per granted share: $0.0000 per share
Total shares after transaction: 47,404 shares
+2 more
5 metrics
Restricted shares granted
3,631 shares
Equity award to CFO on grant date
Price per granted share
$0.0000 per share
Reported transaction price for restricted shares
Total shares after transaction
47,404 shares
CFO direct holdings following grant
Transaction code
A (Grant or award acquisition)
Form 4 non-derivative transaction classification
Transaction direction
Acquire
Non-derivative grant/award to reporting person
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 Grant, award, or other acquisition."
FAQ
What insider transaction did UHT report for Charles F. Boyle?
Universal Health Realty Income Trust reported that CFO Charles F. Boyle received 3,631 restricted shares of beneficial interest as an equity award. The shares were granted at no cash cost to him under the company’s 2007 Restricted Stock Plan.
Was the UHT CFO’s Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant of 3,631 restricted shares to CFO Charles F. Boyle as compensation, not an open-market purchase. The transaction price per share is reported as 0.0000, reflecting that he did not pay cash for the award.