AI brief of an SEC Form 8-K · Universal Health Services (UHS)

UHS amends CEO Marc Miller's employment agreement; term runs to January 1, 2029

Neutral Impact 3 of 5 leadership Written later

On December 30, 2025, UHS's Compensation Committee approved an amended and restated employment agreement for CEO and President Marc D. Miller, with the company guaranteeing the employer's obligations. The filing sets his 2026 base salary at $1,575,000, a 5% increase over 2025, and a bonus target of 150% of salary, which shareholders can track through future proxy and compensation disclosures.

Key points

  • 2026 base salary set at $1,575,000, a 5% increase over 2025 base salary.
  • Annual bonus target equals 150% of salary; actual bonus may be higher or lower.
  • Term scheduled to end January 1, 2029, with automatic one-year renewals unless either party elects otherwise.
  • Long-term incentive awards vest in full on certain terminations, and the agreement is filed as Exhibit 10.1.

The filing

CompanyUniversal Health Services (UHS)
Form8-K, current report
Filed with the SECDec 31, 2025, 8:00 AM ET
Accession number0001193125-25-337662

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 31, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.