[144] US Physical Therapy Inc SEC Filing
US Physical Therapy (USPH) reported a proposed sale of 1,792 shares of Class A common stock on the NYSE through J.P. Morgan Securities, with an aggregate market value of $155,124.48. The filing states the shares were acquired on 05/20/2025 by vesting of restricted stock grants (grants issued from 08/16/2021 to 02/24/2025) and lists an approximate sale date of 08/11/2025 with payment in cash.
Against total outstanding shares of 15,190,000, the 1,792-share notice represents about 0.0118% of the company’s shares outstanding. The filer reported no securities sold in the past three months. The form includes the required compliance representation under Rule 144 and identifies J.P. Morgan Securities LLC as the broker.
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Insights
TL;DR: Routine, small-volume sale of vested restricted shares; unlikely to be material to USPH valuation or market trading.
The filing documents a sale of 1,792 shares with aggregate value $155,124.48, implying an average price of about $86.57 per share. At 0.0118% of outstanding stock, this is a de minimis transfer relative to the company’s share base and is unlikely to move the market or materially affect ownership structure. The shares were acquired via vesting of restricted grants and will be sold through J.P. Morgan Securities LLC; there were no reported sales in the prior three months.
TL;DR: Filing aligns with Rule 144 disclosure requirements and includes the standard representation about material nonpublic information.
The notice is presented under Rule 144 and includes the filer’s representation that they are not aware of undisclosed material adverse information about the issuer. The transaction details the vesting origin of the shares and identifies the broker, which supports transparency and regulatory compliance for an insider or controlled holder selling newly vested shares.