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|8-KFeb 26, 8:30 AM ET

U S PHYSICAL THERAPY INC /NV 8-K

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U.S. Physical Therapy Reports FY2025 Results; CFO Resigns, Interim Named

What Happened

  • U.S. Physical Therapy, Inc. (USPH) filed an 8-K on Feb. 26, 2026 reporting results for the three- and twelve-month periods ended December 31, 2025 and announcing an executive change. Carey Hendrickson, the Company’s Chief Financial Officer, informed the company on Feb. 25, 2026 that he will resign to take another CFO role; his last day will be April 24, 2026. Hendrickson’s resignation is not due to any disagreement with the company on accounting or financial reporting matters.
  • Jason Curtis, the Company’s Senior Vice President of Finance and Accounting (age 50), will assume the responsibilities of Chief Financial Officer on an interim basis while the company searches for a permanent successor. Curtis has served as SVP of Finance and Accounting since March 2025 and has prior public-company CFO experience.

Key Details

  • Carey Hendrickson announced his resignation on Feb. 25, 2026; final day April 24, 2026.
  • Jason Curtis named interim CFO; 25 years of finance experience and prior CFO roles at Shift Technologies, Stage Stores, Chair King Backyard Stores and Boscovs.
  • The company reported results for the three- and twelve-month periods ended Dec. 31, 2025 (press release attached as Exhibit 99.1).
  • Board declared a cash dividend of $0.46 per share payable Apr. 10, 2026 to shareholders of record on Mar. 13, 2026.

Why It Matters

  • Leadership: A CFO transition is a material leadership change—investors should note the interim appointment and the company’s plan for a comprehensive search. The interim CFO has relevant public-company CFO experience, which may help continuity in financial reporting and investor communications.
  • Financial signals: The filing includes the company’s quarterly and full-year results (see the attached press release) and confirms a $0.46/share dividend, indicating management’s commitment to returning cash to shareholders.
  • What investors should do: Review the full press release (Exhibit 99.1) for the detailed earnings metrics and guidance, monitor updates on the permanent CFO search, and consider dividend timing if holding shares around the March 13 record date.