---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-039115"
form_type: "8-K/A"
ticker: "UHS"
cik: "0000352915"
company_name: "UNIVERSAL HEALTH SERVICES INC"
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T08:25:09.670412+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# UHS EVP & President of Acute Care Marvin Pember retires; separation agreement details provided

## Summary
- Marvin Pember's employment ends Dec 31, 2022; he will receive $33,333/month for 12 months as severance.
- Eligible for 2022 annual cash incentive based on corporate and divisional performance thresholds.
- Unvested stock options continue vesting until Apr 1, 2023; exercisable until Apr 1, 2024. Performance-based RSUs cancelled.
- Two-year non-compete and non-solicit restrictions; exception for non-profit/public healthcare in Arizona.
- Edward H. Sim previously appointed as new EVP and President, Acute Care, effective Dec 5, 2022.

## SEC filing metadata
- accession: 0001564590-22-039115
- form_type: 8-K/A
- ticker: UHS
- cik: 0000352915
- company_name: UNIVERSAL HEALTH SERVICES INC
- filed_at: 2022-12-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352915/000156459022039115/0001564590-22-039115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352915/000156459022039115/uhs-8ka_20221021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-039115
- JSON: https://secwatch.observer/filing/0001564590-22-039115.json
- Plain text: https://secwatch.observer/filing/0001564590-22-039115.txt

## Key facts
- Executive change
  Edward H. Sim was appointed as Executive Vice President of the Company and President, Acute Care at UNIVERSAL HEALTH SERVICES INC.
  - Action: appointed
  - Role: Executive Vice President of the Company and President, Acute Care
  source text: Edward H. Sim, the newly appointed Executive Vice President of the Company and President, Acute Care, whose employment commenced on December 5, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/352915/000156459022039115/0001564590-22-039115-index.htm
- Executive change
  Marvin G. Pember retired as Executive Vice President of the Company and President, Acute Care at UNIVERSAL HEALTH SERVICES INC.
  - Action: retired
  - Role: Executive Vice President of the Company and President, Acute Care
  source text: Marvin G. Pember, Executive Vice President of the Company and President, Acute Care, who has been with the Company since 2011, informed us of his intention to retire from his position after a transition period following the commencement of employment of Edward H. Sim, the newly appointed Executive Vice President of the Company and President, Acute Care, whose employment commenced on December 5, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/352915/000156459022039115/0001564590-22-039115-index.htm

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