UNIVERSAL HEALTH REALTY INCOME TRUST 8-K

What Happened

• Universal Health Realty Income Trust (UHT) filed an 8-K on June 11, 2026 reporting two items: (1) the Board granted annual long-term restricted stock awards to executive officers on June 10, 2026; and (2) the Trust held its 2026 Annual Meeting of Stockholders (virtual) on June 10, 2026 and reported final vote results.
• Restricted stock awards were recommended by the Compensation Committee and granted to four executives, scheduled to vest on the second anniversary of the award (i.e., June 10, 2028). Dividends on the restricted shares will be accrued and paid in aggregate on the vesting date.

Key Details

• Executive restricted stock grants (shares): Alan B. Miller (Chairman, CEO & President) 6,247; Charles F. Boyle (SVP & CFO) 3,631; Cheryl K. Ramagano (SVP – Operations, Treasurer & Secretary) 3,631; Karla J. Peterson (VP, Acquisitions & Development) 1,598. Vesting: 2nd anniversary of award; dividends accrued and paid at vesting.
• Annual Meeting (June 10, 2026) — Trustee elections: Alan B. Miller: 9,187,560 for / 222,081 against / 19,835 abstain / 2,233,065 non-votes. Robert F. McCadden: 8,540,716 for / 868,560 against / 20,200 abstain / 2,233,065 non-votes.
• Say-on-pay (nonbinding advisory vote): 8,955,099 for / 418,954 against / 55,422 abstain / 2,233,065 non-votes.
• Ratification of auditor (KPMG LLP) for fiscal 2026: 11,525,347 for / 114,360 against / 22,834 abstain / 0 non-votes.

Why It Matters

• The restricted stock grants show the company’s continued use of equity awards as the primary long-term incentive for executives; these awards will vest in two years and may dilute shares modestly when they vest. Dividends on these restricted shares are accrued and paid only on vested shares.
• The election results and the favorable say-on-pay vote indicate shareholder support for current leadership and executive compensation. Ratification of KPMG as auditor confirms continuity in the Trust’s external audit engagement.
• No departures of directors or officers were reported in this filing; the report is largely governance and compensation-related information for investors.