CURTIS JASON TRAVIS 4

What Happened Jason Travis, Interim Chief Financial Officer of U S PHYSICAL THERAPY (USPH), surrendered 40 shares of common stock on May 20, 2026 to satisfy tax withholding obligations related to a vesting event. The shares were valued at $62.24 each, for a total of $2,490. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: May 20, 2026 — 40 shares at $62.24 each (total $2,490).
• Transaction type: Code F — shares surrendered to issuer to satisfy tax withholding on vested restricted stock.
• Restricted shares noted: Footnote reports 3,596 shares subject to vesting under the Company’s Amended and Restated 2003 Stock Incentive Plan, with detailed future vesting dates through March 6, 2030.
• Shares owned after transaction: Form lists the restricted shares subject to vesting (3,596); the filing does not disclose a separate total beneficial ownership number beyond the restricted grant details.
• Filing timeliness: This Form 4 was filed late; the filing (dated June 22, 2026) states the delay was due to an inadvertent administrative error (timeliness = L).

Context This was a routine tax-withholding surrender associated with restricted stock vesting, not a discretionary sale that would indicate trading sentiment. For clarity: code F transactions are standard when insiders remit shares to the company to cover taxes upon vesting. The filing’s late submission is disclosed but the transaction itself is administrative.