MILLER ALAN B

PrivateCIK: 1181031

Location

KING OF PRUSSIA, PA

MILLER ALAN B (Chairman and CEO) exercised options at UNIVERSAL HEALTH SERVICES INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

MILLER ALAN B

Filed: 10/30/2025ACC: 0000352915-25-000003

InsiderMILLER ALAN BCIK 1181031

→

IssuerUNIVERSAL HEALTH SERVICES INCCIK 352915

DirectorOfficer10% Owner· Chairman and CEO

Since Jan 2019

-105.52K

Net shares

Net seller

$23.96M

Total sold

0

Open market trades

0B · 0S

5

Total transactions

132.71K acquired · 238.23K disposed

Non-Derivative Transactions3

Class B Common Stock

Direct

M · Option Exercise

Shares

+70.21K

Price / share

$152.68

Trade value

$10.72M

% of position

4.1%

10/29/2025

1.72M→1.79M

Class B Common Stock

Direct

M · Option Exercise

Shares

+62.50K

Price / share

$138.80

Trade value

$8.68M

% of position

3.5%

10/29/2025

1.79M→1.85M

Class B Common Stock

Direct

F · Tax Withholding

Shares

−105.52K

Price / share

$227.04

Trade value

$23.96M

% of position

5.7%

10/29/2025

1.85M→1.75M

Total

Net shares

+27.19K

Net value

-$4.56M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class B Common Stock Direct	10/29/2025	M · Option Exercise	+70.21K	$152.68	$10.72M	4.1%	1.72M	1.79M
Class B Common Stock Direct	10/29/2025	M · Option Exercise	+62.50K	$138.80	$8.68M	3.5%	1.79M	1.85M
Class B Common Stock Direct	10/29/2025	F · Tax Withholding	−105.52K	$227.04	$23.96M	5.7%	1.85M	1.75M
Total			+27.19K		-$4.56M

Derivative Transactions2

Option To Purchase Class B Common Stock

Direct

M · Option Exercise

Converts to

Class B Common Stock

70.21K shares

Shares

−70.21K

Strike price

152.68

Held after

70.21K

Exercisable

—

10/29/2025

Option To Purchase Class B Common Stock

Direct

M · Option Exercise

Converts to

Class B Common Stock

62.50K shares

Shares

−62.50K

Strike price

138.80

Held after

62.50K

Exercisable

—

10/29/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option To Purchase Class B Common Stock Direct	Class B Common Stock70.21K shares	10/29/2025	M · Option Exercise	−70.21K	152.68	—	70.21K
Option To Purchase Class B Common Stock Direct	Class B Common Stock62.50K shares	10/29/2025	M · Option Exercise	−62.50K	138.80	—	62.50K

Non-Derivative Holdings (Post-Transaction)10

Class B Common Stock

Indirect

Shares owned55.76K

Class B Common Stock

Indirect

Shares owned24.30K

Class B Common Stock

Indirect

Shares owned13.96K

Class B Common Stock

Indirect

Shares owned24.30K

Class B Common Stock

Indirect

Shares owned9.42K

Class B Common Stock

Indirect

Shares owned55.76K

Class B Common Stock

Indirect

Shares owned24.30K

Class B Common Stock

Indirect

Shares owned8.62K

Class B Common Stock

Indirect

Shares owned59.90K

Class B Common Stock

Indirect

Shares owned9.42K

Total

285.73K indirect285.73K

Security Title	Shares Owned	Ownership Type
Class B Common Stock	55.76K	Indirect
Class B Common Stock	24.30K	Indirect
Class B Common Stock	13.96K	Indirect
Class B Common Stock	24.30K	Indirect
Class B Common Stock	9.42K	Indirect
Class B Common Stock	55.76K	Indirect
Class B Common Stock	24.30K	Indirect
Class B Common Stock	8.62K	Indirect
Class B Common Stock	59.90K	Indirect
Class B Common Stock	9.42K	Indirect
Total	285.73K	285.73K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported

MILLER ALAN B — Insider Transaction (Form 4) Filed Oct 30, 2025 | Finecho