8-K - Universal Health Services, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Universal Health Services' Compensation Committee approved 2026 annual incentive bonus performance goals and long-term incentive stock awards for executive officers on March 26, 2026.

Key Takeaways

1The Compensation Committee approved 2026 annual incentive bonus formulae for executive officers based on corporate performance criteria and divisional income targets.

2Marc D. Miller's target bonus is 150% of his 2026 base salary, while Steve G. Filton, Edward H. Sim, and Matthew J. Peterson have 100% targets.

3Executive officers can receive 0-200% of their target bonus based on achievement of adjusted net income per diluted share and return on capital targets.

4The Committee awarded time-based RSUs and performance-based PBRSUs to executive officers, with PBRSUs now based on three-year average performance.

5Alan B. Miller received a $1.07 million discretionary cash bonus for 2025, approved on March 26, 2026.

Current Report Details

Event Type

Management Change

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | |---|---|

Management Change

$1.1M