USPH insider sale: 1,808 shares sold

U.S. Physical Therapy reported an insider sale notice for common stock.

Rhea-AI Filing Summary

U.S. Physical Therapy reported an insider sale notice for common stock. The Form 144 shows Graham Reeve sold 1,808 shares on 03/10/2026 following the vesting of restricted stock grants issued for services rendered. The broker listed is J.P. Morgan Securities LLC.

Insights

Insider Transactions Analyst

Routine disclosure of a post-vesting sale by an insider.

The filing records the disposition of 1,808 common shares on 03/10/2026 tied to the vesting of restricted stock granted for services rendered. The transaction was processed through J.P. Morgan Securities LLC.

Such filings typically reflect liquidity or tax-related actions after vesting; the excerpt provides no broader cash-proceeds destination or trading-plan details. Subsequent filings would be required to show additional insider activity or position changes.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does USPH Form 144 disclose about Graham Reeve's transaction?

The Form 144 discloses that Graham Reeve sold 1,808 shares on 03/10/2026 after restricted stock grants vested for services rendered. The sale was processed through J.P. Morgan Securities LLC as the broker.

Was the sale at USPH related to option exercise or RSU vesting?

The excerpt ties the transaction to the vesting of restricted stock grants and lists the reason as services rendered. It does not describe an option exercise or provide strike price information in the provided text.

How many USPH shares were sold and when was the trade executed?

The filing shows 1,808 common shares were sold on 03/10/2026. This quantity is listed under "Securities Sold During The Past 3 Months" in the provided excerpt.

Who handled the USPH transaction for Graham Reeve?

The broker recorded in the excerpt is J.P. Morgan Securities LLC, with an address at 270 Park Ave, New York. The filing names this broker in connection with the reported sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/11/2026 - 02:31 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001519948
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	U.S. Physical Therapy, Inc.
SEC File Number	001-11151
Address of Issuer	1300 West Sam Houston Pkwy South Suite 300 Houston TEXAS 77042
Phone	7132977000
Name of Person for Whose Account the Securities are To Be Sold	Graham Reeve
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	affiliate

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	J.P. Morgan Securities LLC 270 Park Ave 10th Floor New York NY 10017	1964	154687.67	15204119	03/11/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/10/2026	Vesting of Restricted Stock Grants	U.S. Physical Therapy (Issuer)			1964	03/10/2026	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Graham Reeve 8944 Rolling Acres Trail Fair Oaks Ranch TX 78015	Common	03/10/2026	1808	148687.44

144: Remarks and Signature

Remarks
Date of Notice	03/11/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	J.P. Morgan Securities LLC, Workplace Solutions, as Agent and Attorney in Fact for Graham Reeve, U.S. Physical Therapy, Inc.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)