UHS · NYSE

Universal Health Services

Health Care Facilities · King of Prussia, Pennsylvania · founded 1979

Board members
7
CEO
Marc D. Miller
Insider buys, 12 mo
$0
Insider sales, 12 mo
$980K

Board of directors (7)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Alan B. Miller
Executive Chairmansince 2016 or earlier
Marc D. Miller
President and CEOsince 2016 or earlier
Eileen C. McDonnell
Directorsince 2016 or earlier
Warren J. Nimetz
Directorsince Jan 2018
Elliot J. Md Mba Sussman
Directorsince Mar 2018
Maria Ruderman Singer
Directorsince Mar 2020
Nina Chen-Langenmayr
Directorsince Sep 2022

Executive officers (5)

Marc D. Miller
President and CEOsince 2016 or earlier
Steve Filton
Executive Vice President & CFOsince 2016 or earlier
Alan B. Miller
Executive Chairmansince 2016 or earlier
Matthew Jay Peterson
Executive Vice President, UHSsince Sep 2019
Edward H. Sim
Executive Vice Presidentsince Dec 2022

Company facts

Chair
Alan B. Miller
In S&P 500 since
Sep 2014
Incorporated in
DE
Fiscal year ends
December
SEC industry
Services-General Medical & Surgical Hospitals, NEC
SEC filings
EDGAR

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$980K
4 trades · 2 insiders
Net, 12 mo
-$980K
Data through
Mar 13, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Mar 13, 2026Elliot J. Md Mba Sussman
Director
Sale356$193.37$69K
Mar 11, 2026Elliot J. Md Mba Sussman
Director
Sale318$186.35$59K
Nov 11, 2025Warren J. Nimetz
Director
Sale142$223.96$32K
Nov 11, 2025Warren J. Nimetz
Director
Sale3,675$223.28$821K
Oct 29, 2025Elliot J. Md Mba Sussman
Director
Sale965$225.70$218K
May 14, 2025Maria Ruderman Singer
Director
Sale1,097$191.48$210K
Mar 10, 2025Maria Ruderman Singer
Director
Sale1,000$179.16$179K
Dec 11, 2024Maria Ruderman Singer
Director
Sale1,614$191.15$309K
Aug 13, 2024Elliot J. Md Mba Sussman
Director
Sale1,722$218.08$376K
Aug 12, 2024Warren J. Nimetz
Director
Sale3,444$217.64$750K
Aug 7, 2024Nina Chen-Langenmayr
Director
Sale850$212.11$180K
Jul 26, 2024Eileen C. McDonnell
Director
Sale2,535$209.55$531K
Jul 26, 2024Elliot J. Md Mba Sussman
Director
Sale2,541$210.00$534K
Jul 26, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale7,814$210.41$1.6M
Jul 26, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale7,327$211.32$1.5M
May 16, 2024Warren J. Nimetz
Director
Sale725$180.32$131K
May 14, 2024Maria Ruderman Singer
Director
Sale1,689$179.29$303K
Mar 8, 2024Steve Filton
Executive Vice President & CFO
Sale35,000$176.82$6.2M
Mar 5, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale815$175.90$143K
Mar 5, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale606$176.49$107K
Mar 5, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale4,916$176.90$870K
Mar 4, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale4,393$174.99$769K
Mar 4, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale927$174.90$162K
Mar 4, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale818$171.90$141K
Mar 4, 2024Matthew Jay Peterson
Executive Vice President, UHS
Sale1,797$173.90$312K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. May 21, 2026

    Departure and Compensatory Arrangements of a Certain Officer (b) On May 18, 2026, Matthew J. Peterson, Executive Vice President of the Company and President, Behavioral Health, who has been with the Company since 2019, submitted his resignation from his position with the Company, effective June 19, 2026 (“Effective Date”). Mr. Peterson intends to pursue an external career opportunity that is not competitive to the Company. (e) As a result of such resignation, all of Mr. Peterson’s unvested stock options, restricted stock units and performance based restricted stock units will terminate as of the Effective Date. Mr.

    Read the 8-K filing
  2. Mar 30, 2026

    2026 Annual Incentive Bonus Performance Goals On March 26, 2026, the Compensation Committee of the Board of Directors (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers for the year ending December 31, 2026, pursuant to the 2022 Executive Incentive Plan which was adopted by the Committee in March, 2022 (the “Plan”). Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2026 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Marc D. Miller is stipulated in his employment agreement. Mr. Alan B.

    Read the 8-K filing
  3. Dec 31, 2025

    Amended and Restatement Employment Agreement of Mr. Marc D. Miller On December 30, 2025, the Compensation Committee of the Board of Directors of Universal Health Services, Inc. (the “Company”) approved amendments to the existing employment agreement between Mr. Marc D. Miller, the Company’s Chief Executive Officer (“CEO”) and President, and UHS of Delaware, a wholly owned subsidiary of the Company and, the employer of record for the Company’s management employees. The obligations of UHS of Delaware under the amended and restated employment agreement (the “A&R Employment Agreement”) are, other than as set forth herein, substantially the same as the existing employment agreement and are guaranteed by the Company. The Compensation Committee also approved an amendment to the Company guaranty to make certain conforming changes. Pursuant to the terms of the A&R Employment Agreement, Mr.

    Read the 8-K filing
  4. Mar 20, 2025

    2025 Annual Incentive Bonus Performance Goals On March 19, 2025, the Compensation Committee of the Board of Directors (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers, pursuant to the 2022 Executive Incentive Plan which was adopted by the Committee on March 23, 2022 (the “Plan”), for the year ending December 31, 2025. Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2025 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Marc D. Miller is stipulated in his employment agreement. Mr. Alan B.

    Read the 8-K filing
  5. Mar 25, 2024

    2024 Annual Incentive Bonus Performance Goals On March 21, 2024, the Compensation Committee of the Board of Directors (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers, pursuant to the 2022 Executive Incentive Plan which was adopted by the Committee on March 23, 2022 (the “Plan”), for the year ending December 31, 2024. Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2024 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Marc D. Miller is stipulated in his employment agreement dated December 23, 2020, as amended on March 23, 2022. Mr. Alan B.

    Read the 8-K filing
  6. Mar 24, 2023

    (b) Lawrence S. Gibbs, a member of the Board of Directors (“Board”) of Universal Health Services, Inc. (“UHS”), has informed the Board that he has accepted a new employment opportunity which will restrict his ability to serve on UHS’ Board. Therefore, Mr. Gibbs has decided to resign from the Board effective as of March 31, 2023 and accordingly not stand for reelection at UHS’ 2023 Annual Meeting of Stockholders to be held on May 17, 2023. Mr. Gibbs’ decision to resign is not due to any disagreement with UHS, its management, or the Board on any matter relating to UHS’ operations, policies or practices. As a result of Mr. Gibbs’ resignation, UHS’ Board will be fixed at seven members. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Read the 8-K filing
  7. Mar 17, 2023

    2023 Annual Incentive Bonus Performance Goals On March 15, 2023, the Compensation Committee of the Board of Directors (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers pursuant to the 2022 Executive Incentive Plan which was adopted by the Committee on March 23, 2022 (the “Plan”) for the year ending December 31, 2023. Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2023 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Marc D. Miller is stipulated in his employment agreement dated December 23, 2020, as amended on March 23, 2022. Mr. Alan B.

    Read the 8-K filing
  8. Dec 7, 2022

    Departure and Compensatory Arrangements of a Certain Officer (b) (e) As previously disclosed on Form 8-K as filed on October 25, 2022, on October 22, 2022, Marvin G. Pember, Executive Vice President of the Company and President, Acute Care, who has been with the Company since 2011, informed us of his intention to retire from his position after a transition period following the commencement of employment of Edward H. Sim, the newly appointed Executive Vice President of the Company and President, Acute Care, whose employment commenced on December 5, 2022. On December 4, 2022, the Company and Marvin G. Pember (“Executive”) entered into a Separation Agreement and General Release (“Agreement”) effective as of December 31, 2022 (“Effective Date”).

    Read the 8-K filing
  9. Oct 25, 2022

    Departure and Compensatory Arrangements of a Certain Officer (b) (e) On October 21, 2022, Marvin G. Pember , Executive Vice President of the Company and President, Acute Care, who has been with the Company since 2011, informed us of his intention to retire from his position after a transition period following the commencement of employment of Edward H. Sim, as described below. A compensatory arrangement with Mr. Pember is currently being discussed.

    Read the 8-K filing
  10. Sep 22, 2022

    (d) Election of new Director On September 21, 2022, the Board of Directors of the Company appointed Nina Chen-Langenmayr to serve as a Class III Director of the Company. Ms. Chen-Langenmayr’s term commenced immediately and is scheduled to expire at the 2023 Annual Meeting of Stockholders to be held in May 2023. The Board upon recommendation of the Nominating and Governance Committee also indicated that it would nominate Ms. Chen-Langenmayr for election by the Company’s Class B and D stockholders at the 2023 Annual Meeting of Stockholders. Ms. Chen-Langenmayr’s compensation for her services will be consistent with the standard compensation paid to other non-employee directors of the Company, as described in the Company’s most recent proxy statement filed with the Securities and Exchange Commission on April 7, 2022.

    Read the 8-K filing
  11. Mar 28, 2022

    Summary of Changes Implemented in 2022 to Executive Officer Compensation On March 23, 2022, our Compensation Committee of the Board of Directors (the “Compensation Committee”) approved changes to various elements of compensation for our Chief Executive Officer (“CEO”) and certain of our other named executive officers (“NEOs”). Below is a general summary of those changes, as compared to 2021: • Decrease in the weighting of long-term incentives (“LTI”), with accompanying increase in weighting of cash incentives. • No significant changes in target compensation levels (i.e., changes generally consist of shifts in mix of pay, not pay amounts). • Continued commitment to significant at-risk, performance-based CEO and NEO compensation programs.

    Read the 8-K filing
  12. Mar 19, 2021

    (e) 2021 Annual Incentive Bonus Performance Goals On March 17, 2021, the Compensation Committee of the Board of Directors of Universal Health Services, Inc. (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers pursuant to the Executive Incentive Plan (the “Plan”) for the year ending December 31, 2021. Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2021 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Marc D. Miller is stipulated in his employment agreement dated December 23, 2020 and effective on January 1, 2021. Mr. Alan B.

    Read the 8-K filing
  13. Dec 28, 2020

    As previously announced, the Board of Directors of Universal Health Services, Inc. (the “Company”) has appointed Marc D. Miller, currently President of the Company, to assume the role of Chief Executive Officer while continuing to serve as President and a member of the Board of Directors and Alan B. Miller as Executive Chairman of the Board, in each case effective on January 1, 2021. Marc D. Miller Chief Executive Officer Employment Agreement On December 23, 2020, the Company and Marc D. Miller entered into an employment agreement (“MDM Employment Agreement”). The MDM Employment Agreement provides for the employment of Mr.

    Read the 8-K filing
  14. Sep 8, 2020

    Mr. Alan B. Miller, the Chairman and Chief Executive Officer of Universal Health Services, Inc. (the “Company”) has informed the Board of Directors of the Company of his decision to step down from the role of Chief Executive Officer of the Company effective January 1, 2021. The Board of Directors has appointed Marc D. Miller, currently President of the Company, to assume the role of Chief Executive Officer while continuing to serve as President and a member of the Board of Directors and appointed Alan B. Miller as Executive Chairman of the Board effective on that date. Biographical and certain other information for each of Messrs. Alan B. Miller and Marc D. Miller (including certain transactions since the beginning of the Company’s last fiscal year in which the Company was a participant and in which each of Messrs. Alan B. Miller and Marc D.

    Read the 8-K filing
  15. Jun 4, 2020

    Executive Officer Salary Reductions in Response to COVID-19 Pandemic: On June 1, 2020, in response to the COVID19 pandemic, the Compensation Committee of the Board of Directors of Universal Health Services, Inc. (the “Company”) approved the following reductions to the base salaries of the Executive Officers of the Company: (i) Mr. Alan B. Miller’s base salary will be reduced by 100% for the two-month period from June 1, 2020 through July 31, 2020, and; (ii) the base salaries for Messrs. Marc D. Miller, Steve G. Filton, Marvin G. Pember and Matthew J. Peterson will be reduced by 20% for the three-month period from June 1, 2020 through August 31, 2020.

    Read the 8-K filing
Show 9 older changes
  1. Jan 30, 2020

    (b) Departure of Director As previously reported on Form 8-K as filed on May 21, 2019, on May 17, 2019, Robert H. Hotz submitted his resignation as a member of the Board of Directors, effective with the earliest of the following to occur: (i) the appointment of a new Class II Director; (ii) the 2020 Annual Meeting of Stockholders, or; (iii) the request by the Board of Directors to accelerate the effective date of his resignation. Given the appointment of the new Class II Director as disclosed below, which occurred on January 29, 2020, effective as of March 1, 2020, Mr. Hotz’s resignation as a member of the Board of Directors will be effective March 1, 2020. (d) Election of new Director On January 29, 2020, to fill the vacancy created by the above-mentioned resignation of Mr. Hotz, the Board of Directors appointed Maria Singer to serve as a Class II Director of the Company. Ms.

    Read the 8-K filing
  2. May 21, 2019

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  3. Mar 21, 2019

    (e) 2019 Annual Incentive Bonus Performance Goals On March 20, 2019, the Compensation Committee of the Board of Directors of Universal Health Services, Inc. (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers pursuant to the Executive Incentive Plan (the “Plan”) for the year ending December 31, 2019. Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2019 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Alan B. Miller is stipulated in his employment agreement dated July 24, 2013, as amended on November 5, 2018.

    Read the 8-K filing
  4. Dec 17, 2018

    Departure and Compensatory Arrangements of a Certain Officer (b) On December 6, 2018, the Company announced the impending retirement of Debra K. Osteen, Executive Vice President and President of the Behavioral Health Division. At that time, in conjunct ion with Ms. Osteen’s planned retirement, which was scheduled for January 31, 2019, the Company had entered into a separation and consulting agreement (“Agreement”). Ms. Osteen has since advised the Company that, in lieu of retirement, she has elected to assume a position with another company in the behavioral health industry. Towards that end, Ms. Osteen rescinded the Agreement within the statutory time period for rescission and has resigned her employment with the Company effective close of business Thursday, December 13, 2018. As a result of such resignation and rescission of the Agreement, all of Ms.

    Read the 8-K filing
  5. Dec 6, 2018

    Departure and Compensatory Arrangements of a Certain Officer (b) Debra K. Osteen, Executive Vice President of the Company and President of the Behavioral Health Division, who has been with the Company for almost 35 years, has informed the Company of her intention to retire from her position with the Company effective January 31, 2019. (e) Ms. Osteen and the Company have entered into a post retirement compensatory contract based upon her longevity with the Company. As a part of that agreement, Ms. Osteen has agreed to serve as a consultant for the Company for a period of at least two years following her retirement date. As a part of the post retirement compensatory and consultant contract: (i) Ms.

    Read the 8-K filing
  6. Mar 22, 2018

    (b) Departure of Director We received notification on March 21, 2018 from John H. Herrell that he plans to retire from the Board of Directors of Universal Health Services, Inc. (the “Company”) when his current term expires at the Company’s Annual Meeting of Stockholders scheduled for May 16, 2018. Mr. Herrell serves as a Class I Director. (d) Election of new Director On March 21, 2018, the Board of Directors of the Company elected Elliot J. Sussman, M.D. to serve as a Class I Director of the Company. Dr. Sussman’s term will commence immediately and is scheduled to expire at the 2018 Annual Meeting of Stockholders scheduled for May 16, 2018. Dr. Sussman will also serve as a member of our Audit Committee, Compensation Committee and Nominating & Governance Committee. Dr.

    Read the 8-K filing
  7. Jan 19, 2018

    (b) Departure of Director We received notification on January 17, 2018 from Anthony Pantaleoni that he is retiring from the Board of Directors of Universal Health Services, Inc. (the “Company”) effective immediately. (d) Election of new Director On January 17, 2018, the Board of Directors of the Company elected Warren Nimetz to serve as a Class II Director of the Company to fill the vacancy created by the retirement of Mr. Pantaleoni for a term that commenced immediately and is scheduled to expire at the 2019 Annual Meeting of Stockholders. Mr. Nimetz will also serve as a member of our Executive Committee and Finance Committee. Mr.

    Read the 8-K filing
  8. Mar 30, 2017

    2017 Annual Incentive Bonus Performance Goals On March 29, 2017, the Compensation Committee of the Board of Directors of Universal Health Services, Inc. (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the Company’s executive officers pursuant to the Executive Incentive Plan (the “Plan”) for the year ending December 31, 2017. Under the formulae approved by the Committee, each of the Company’s executive officers was assigned a percentage of such executive officer’s 2017 base salary as a target bonus based upon corporate performance criteria. The corporate performance criteria target bonus award indicated below for Mr. Alan B. Miller is stipulated in his employment agreement dated July 24, 2013.

    Read the 8-K filing
  9. Mar 23, 2016

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$195.50+74% since 2016 board/officer change filed
84.1716023520172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$17.4B$1.5B8.6%$23.10$15.5B
FY2024$15.8B$1.1B7.2%$16.82$14.5B
FY2023$14.3B$717.8M5.0%$10.23$14.0B
FY2022$13.4B$675.6M5.0%$9.14$13.5B
FY2021$12.6B$991.6M7.8%$11.82$13.1B
FY2020$11.6B$944.0M8.2%$10.99$13.5B
FY2019$11.4B$814.9M7.2%$9.13$11.7B
FY2018$10.8B$779.7M7.2%$8.31$11.3B

Former directors and officers (6)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Lawrence S. Gibbs
Director2016 or earlier – Mar 2023
Marvin G. Pember
Executive Vice President2016 or earlier – Mar 2022
Robert H. Hotz
Director2016 or earlier – Jul 2019
John H. Herrell
Director2016 or earlier – May 2018
Debra K. Osteen
Executive Vice President2016 or earlier – Apr 2018
Anthony Pantaleoni
Director2016 or earlier – Nov 2017
Universal Health Services (UHS) board, executives and insiders | USBoard