secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNIVERSAL HEALTH SERVICES INC (UHS)
CIK:        0000352915
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001193125-25-337662
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UHS CEO Marc D. Miller amends employment agreement; term set to Jan 2029
------------------------------------------------------------------------

- Annual salary of $1,575,000 for 2026, a 5% increase over 2025 base.
- Annual bonus target of 150% of salary based on pre-established performance measures.
- LTIP awards accelerate upon death, disability, without-cause termination, or material breach by company.
- Fringe benefits include personal use of fractional aircraft and tax reimbursement on imputed income.
- Term ends Jan 1, 2029, with auto-renewal unless either party gives one-year notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352915/000119312525337662/0001193125-25-337662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352915/000119312525337662/uhs-20251230.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-337662

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