McCadden Robert F 4
Research Summary
AI-generated summary
UHT Director Robert F. McCadden Receives 819 Restricted Shares
What Happened
- Robert F. McCadden, a director of Universal Health Realty Income Trust (UHT), was granted 819 restricted shares on 2026-06-10. The grant is recorded at $0.00 per share (total reported value $0) as an award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-10; filing date: 2026-06-11 (Form 4 accession 0000798783-26-000009).
- Transaction type: Award/Grant (code A).
- Shares granted: 819; grant price reported: $0.00; total reported value: $0.
- Vesting: These restricted shares vest on the second anniversary of the grant date (per footnote: Amended and Restated UHT 2007 Restricted Stock Plan).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Filing appears timely (filed the business day after the reported grant).
Context
- Restricted stock grants to directors are common as long-term compensation to align interests with shareholders; they are not an immediate purchase or sale and do not necessarily signal near-term trading intent.
- The $0 grant price on the Form 4 reflects the nature of a restricted stock award (value is typically recognized for reporting, vesting and tax purposes per company plan).