secwatch.observer — SEC 8-K summary
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Issuer:     U S PHYSICAL THERAPY INC /NV (USPH)
CIK:        0000885978
Form:       8-K
Filed at:   2026-08-14T20:17:41+00:00
Accession:  0000885978-26-000052
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Physical Therapy appoints Nchacha Etta as EVP and CFO effective Sept 1, 2026
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- Nchacha Etta, 56, former CFO of Omnicell (2023-2025), appointed EVP & CFO effective Sept 1, 2026.
- Employment agreement: $625,000 base salary, initial equity grant ~$550,000 vesting quarterly over 4 years.
- Additional 2026 restricted stock/RSUs ~$200,000 and prorated discretionary cash bonus in Q1 2027.
- Jason Curtis steps down as interim CFO, remains SVP Finance & Accounting.
- Severance: 2 years' base comp on termination without cause; change-in-control benefit $283,333.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885978/000088597826000052/0000885978-26-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885978/000088597826000052/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000885978-26-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer