---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-011986"
form_type: "8-K"
ticker: "UHS"
cik: "0000352915"
company_name: "UNIVERSAL HEALTH SERVICES INC"
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:43:39.436404+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# UHS revises executive and board compensation, seeks to increase share reserve by 6M

## Summary
- CEO Marc Miller base salary raised to $1.3M (+18%); target bonus increased to 150% of salary from 100%.
- CFO Filton base to $800K (+11%), Pember $800K (+11%), Peterson $675K (+8%); cash incentive targets raised.
- Board cash retainers increased (e.g., member from $65K to $100K); equity grants reduced to $200K fixed value; meeting fees eliminated.
- 2022 Executive Incentive Plan approved; performance metrics based on adjusted EPS and return on capital.
- Shareholders to vote on increasing share reserve by 6M shares to 12.1M under 2020 Stock Plan; award term cap reduced to 5 years.

## SEC filing metadata
- accession: 0001564590-22-011986
- form_type: 8-K
- ticker: UHS
- cik: 0000352915
- company_name: UNIVERSAL HEALTH SERVICES INC
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352915/000156459022011986/0001564590-22-011986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352915/000156459022011986/uhs-8k_20220323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-011986
- JSON: https://secwatch.observer/filing/0001564590-22-011986.json
- Plain text: https://secwatch.observer/filing/0001564590-22-011986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.