Universal Health Services Inc. Files Definitive Proxy Statement

Ticker: UHS · Form: DEF 14A · Filed: Apr 4, 2024 · CIK: 352915

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Universal Health Services, Corporate Governance, Executive Compensation

TL;DR

<b>Universal Health Services Inc. has filed its definitive proxy statement (DEF 14A) on April 4, 2024.</b>

AI Summary

UNIVERSAL HEALTH SERVICES INC (UHS) filed a Proxy Statement (DEF 14A) with the SEC on April 4, 2024. Filing is a DEF 14A, a definitive proxy statement. Company name: UNIVERSAL HEALTH SERVICES INC. Central Index Key: 0000352915. Fiscal Year End: 1231. Filed as of date: 2024-04-04.

Why It Matters

For investors and stakeholders tracking UNIVERSAL HEALTH SERVICES INC, this filing contains several important signals. This filing is a standard regulatory requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director elections, and executive compensation. Shareholders can review details on executive compensation, board nominations, and other corporate governance matters relevant to their investment decisions.

Risk Assessment

Risk Level: low — UNIVERSAL HEALTH SERVICES INC shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant operational updates that would inherently alter the company's risk profile.

Analyst Insight

Review the proxy statement for details on executive compensation, board composition, and any shareholder proposals to understand governance and potential impacts on company strategy.

Key Numbers

Key Players & Entities

FAQ

When did UNIVERSAL HEALTH SERVICES INC file this DEF 14A?

UNIVERSAL HEALTH SERVICES INC filed this Proxy Statement (DEF 14A) with the SEC on April 4, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by UNIVERSAL HEALTH SERVICES INC (UHS).

Where can I read the original DEF 14A filing from UNIVERSAL HEALTH SERVICES INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by UNIVERSAL HEALTH SERVICES INC.

What are the key takeaways from UNIVERSAL HEALTH SERVICES INC's DEF 14A?

UNIVERSAL HEALTH SERVICES INC filed this DEF 14A on April 4, 2024. Key takeaways: Filing is a DEF 14A, a definitive proxy statement.. Company name: UNIVERSAL HEALTH SERVICES INC.. Central Index Key: 0000352915.

Is UNIVERSAL HEALTH SERVICES INC a risky investment based on this filing?

Based on this DEF 14A, UNIVERSAL HEALTH SERVICES INC presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant operational updates that would inherently alter the company's risk profile.

What should investors do after reading UNIVERSAL HEALTH SERVICES INC's DEF 14A?

Review the proxy statement for details on executive compensation, board composition, and any shareholder proposals to understand governance and potential impacts on company strategy. The overall sentiment from this filing is neutral.

How does UNIVERSAL HEALTH SERVICES INC compare to its industry peers?

Universal Health Services Inc. operates in the healthcare sector, primarily as a provider of hospital and healthcare services.

Are there regulatory concerns for UNIVERSAL HEALTH SERVICES INC?

As a public company, Universal Health Services Inc. is subject to SEC regulations, including the requirement to file definitive proxy statements (DEF 14A) for shareholder meetings.

Industry Context

Universal Health Services Inc. operates in the healthcare sector, primarily as a provider of hospital and healthcare services.

Regulatory Implications

As a public company, Universal Health Services Inc. is subject to SEC regulations, including the requirement to file definitive proxy statements (DEF 14A) for shareholder meetings.

What Investors Should Do

  1. Analyze executive compensation packages detailed in the proxy statement.
  2. Review director nominations and qualifications presented for shareholder vote.
  3. Examine any shareholder proposals and the company's recommended voting actions.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine proxy statement and does not represent a change from previous filings of the same type.

Filing Stats: 4,996 words · 20 min read · ~17 pages · Grade level 11.2 · Accepted 2024-04-04 06:30:54

Filing Documents

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Universal Health Services, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS UNIVERSAL HEALTH SERVICES, INC. UNIVERSAL CORPORATE CENTER 367 SOUTH GULPH ROAD KING OF PRUSSIA, PENNSYLVANIA 19406 Date and Time May 15, 2024 10:00 a.m. Live Audio Webcast www.meetnow.global/MF79L4G Record Date March 18, 2024 Items to be Voted On (1) the election of three directors by the holders of Class A and Class C Common Stock (voting together as a single class); (2) to consider the approval of an amendment of the Company's Amended and Restated 2020 Omnibus Stock and Incentive Plan; (3) to consider the approval of an amendment of the Company's Employee Stock Purchase Plan; (4) the ratification of the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; (5) to act on a stockholder proposal to elect each director annually, if properly presented at the meeting; and (6) the transaction of such other business as may properly come before the meeting or any adjournment thereof. You are entitled to vote at the Annual Meeting only if you were a Company stockholder of record at the close of business on March 18, 2024. This year we will hold the Annual Meeting in a virtual only format, which will be conducted via live audio webcast. Stockholders will have an equal opportunity to participate at the Annual Meeting online regardless of their geographic location. WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING ONLINE, PLEASE VOTE BY TELEPHONE OR INTERNET OR, IF YOU RECEIVED PRINTED PROXY MATERIALS AND WISH TO VOTE BY MAIL, MARK YOUR VOTES, THEN DATE AND SIGN THE ENCLOSED FORM OF PROXY AND RETURN IT PROMPTLY IN THE ENCLOSED POSTAGE-PAID ENVELOPE. YOU MAY REVOKE YOUR PROXY IF YOU DECIDE TO ATTEND THE ANNUAL MEETING AND WISH TO VOTE YOUR SHARES ONLINE AT THE MEETING. Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to be held on Wednesday, May 15, 2024: The Proxy Statement and Annual Report to Stockholders are available at http://www.edocumentview.com/uhs. BY ORDER OF THE BOARD OF DIRECTORS Steve G. Filton, Secretary King of Prussia, Pennsylvania April 4, 2024 Universal Health Services, Inc. 2024 Proxy Statement A LETTER FROM OUR SENIOR EXECUTIVES April 4, 2024 Dear Stockholder: You are cordially invited to attend the 2024 Annual Meeting of Stockholders of Universal Health Services, Inc. (the "Company") to be held on Wednesday, May 15, 2024, beginning at 10:00 a.m. This year's Annual Meeting will be conducted completely virtually, via a live audio webcast; there will be no physical meeting location. You will be able to attend and participate in the Annual Meeting by visiting www.meetnow.global/MF79L4G, where you will be able to listen to the meeting live, submit questions, and vote. The annual meeting is being held for the following purposes: (1) the election of three directors by the holders of Class A and Class C Common Stock (voting together as a single class); (2) to consider the approval of an amendment of the Company's Amended and Restated 2020 Omnibus Stock and Incentive Plan; (3) to consider the approval of an amendment of the Company's Employee Stock Purchase Plan; (4) the ratification of the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; (5) to act on a stockholder proposal to elect each director annually, if properly presented at the meeting; and (6) the transaction of such other business as may properly come before the meeting or any adjournment thereof. Detailed information concerning these matters is set forth in the Important Notice Regarding the Availability of Proxy Materials (the "Notice") you received in the mail and in the attached Notice of Annual Meeting of Stockholders and Proxy Your vote is important. Whether or not you plan to attend the meeting online, please either vote by telephone or internet or, if you received printed Proxy Materials and wish to vote by mail, by pr

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