Sim Edward H 4
Research Summary
AI-generated summary
UHS Executive VP Edward H. Sim Sells 1,297 Shares for Taxes
What Happened
- Edward H. Sim, Executive Vice President of Universal Health Services (UHS), had a total of 1,297 shares disposed to satisfy tax withholding related to equity compensation. The filings show 704 shares sold at $189.58 on 2026-03-19 (≈ $133,464) and 593 shares sold at $185.82 on 2026-03-21 (≈ $110,191), for a combined value of about $243,655. These disposals are labeled with transaction code F, indicating tax withholding rather than discretionary open‑market selling.
Key Details
- Dates and prices: 2026-03-19 — 704 shares @ $189.58; 2026-03-21 — 593 shares @ $185.82.
- Total shares disposed: 1,297; total proceeds/withholding value: ≈ $243,655.
- Transaction code: F (payment of exercise price or tax liability — typically tax withholding on option exercises or vested awards).
- Shares owned after the transactions: not specified in the provided filing details.
- Filing date: Form 4 filed 2026-03-23; no late filing flag indicated in the provided data.
Context
- Code F transactions commonly reflect automatic withholding or sale of shares to cover tax obligations when options are exercised or restricted shares vest. This is generally routine and does not necessarily signal a voluntary decision to take profits or a change in sentiment by the insider.
- For retail investors, purchases and discretionary open‑market sales can be more informative than tax‑withholding disposals.