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:   2025-03-28T23:59:59+00:00
Accession:  0001140361-25-010807
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USPH sets 2025 EBITDA targets for executive incentive plans: Threshold $88M, Target $91.5M, Maximum $95M
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- Compensation Committee approved four executive incentive plans for 2025, effective March 26, 2025.
- 2025 Adjusted EBITDA targets: Threshold $88M, Target $91.45M, Maximum $95M for objective LTIP and bonus.
- Maximum RSAs under LTIPs: CEO 12,500 shares; President 7,500; CFO, COO West, EVP 5,000 each; vesting 16 quarters through 2030.
- Objective Bonus Plan: CEO up to 100% of base salary; President, CFO, COO West, EVP up to 75% based on EBITDA.
- Discretionary Bonus Plan allows up to 50% of base salary as subjective cash or RSA bonus determined by committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885978/000114036125010807/0001140361-25-010807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885978/000114036125010807/ef20046377_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-010807

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