Minan Peter Francis 4/A

What Happened

• Minan Peter Francis, a director of U.S. Physical Therapy, was granted 2,306 restricted shares (transaction code A) on May 19, 2026. The Form 4/A corrects the originally reported per-share price from $61.61 to $0.00, reflecting a grant rather than a paid purchase.

Key Details

• Transaction date and price: 2026-05-19; corrected transaction price $0.00 per share (originally misreported as $61.61).
• Shares granted: 2,306 restricted shares.
• Shares owned after transaction: not disclosed in this amended filing.
• Vesting schedule (footnote): restrictions lapse as to 1,153 shares on Aug 20, 2026; 576 shares on Nov 20, 2026; and 577 shares on Mar 6, 2027, provided he remains a director on those dates.
• Filing status: This is an amendment to the Form 4 originally filed May 20, 2026, made solely to correct the transaction price.

Context

• These were restricted stock awards under the company’s stock incentive plan, not an open-market purchase or immediate sale. Vesting is time-based and contingent on continued service, so the award does not necessarily indicate immediate liquidity or intent to sell.