Harris Bernard A Jr 4/A
Research Summary
AI-generated summary
U.S. Physical Therapy Director Bernard Harris Receives 2,306-Share Award
What Happened
Bernard A. Harris Jr., a director of U.S. Physical Therapy, was granted 2,306 restricted shares on May 19, 2026. The shares were issued as an award (transaction code A) with a corrected transaction price of $0.00 (no cash paid). An earlier Form 4 filing incorrectly reported a price of $61.61 per share; this Form 4/A amends that error.
Key Details
- Transaction date: May 19, 2026; amended Form 4 filed May 28, 2026 to correct the reported price.
- Price reported (corrected): $0.00 per share; total cash paid = $0.
- Shares granted: 2,306 restricted shares.
- Vesting schedule (per footnote): 1,153 shares vest Aug 20, 2026; 576 shares vest Nov 20, 2026; 577 shares vest Mar 6, 2027, contingent on Harris remaining a director on those dates.
- Shares owned after transaction: not disclosed in this amendment.
- Filing note: This is an amendment to correct the transaction price only; the original Form 4 was filed May 20, 2026.
Context
These are restricted stock awards granted under the company’s stock incentive plan as director compensation, not an open-market purchase or a sale. Such awards are compensation-related and vest over time contingent on continued service, so they primarily reflect compensation practice rather than an immediate bullish or bearish insider market trade.