MILLER ALAN B (Chairman and CEO) reported 9 transactions at UNIVERSAL HEALTH SERVICES INC

Review the transaction codes below to understand the nature of each event.

MILLER ALAN B

Filed: 8/7/2025ACC: 0001127602-25-020204

InsiderMILLER ALAN BCIK 1181031

→

IssuerUNIVERSAL HEALTH SERVICES INCCIK 352915

DirectorOfficer10% Owner· Chairman and CEO

Since Jan 2019

-109K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

641K acquired · 750K disposed

Non-Derivative Transactions9

Class B Common Stock

Indirect

J · J

−175.99K

Price / share

—

Trade value

—

% of position

New position

8/6/2025

175.99K→0.00

Class B Common Stock

Indirect

J · J

−24.01K

Price / share

—

Trade value

—

% of position

New position

8/6/2025

24.01K→0.00

Class B Common Stock

Direct

J · J

+175.99K

Price / share

—

Trade value

—

% of position

12.8%

8/6/2025

1.38M→1.55M

Class B Common Stock

Indirect

J · J

−83.25K

Price / share

—

Trade value

—

% of position

New position

8/6/2025

83.25K→0.00

Class B Common Stock

Indirect

J · J

−83.25K

Price / share

—

Trade value

—

% of position

New position

8/6/2025

83.25K→0.00

Class B Common Stock

Indirect

J · J

−16.75K

Price / share

—

Trade value

—

% of position

New position

8/6/2025

16.75K→0.00

Class B Common Stock

Indirect

J · J

−16.75K

Price / share

—

Trade value

—

% of position

New position

8/6/2025

16.75K→0.00

Class B Common Stock

Direct

J · J

+83.25K

Price / share

—

Trade value

—

% of position

5.4%

8/6/2025

1.55M→1.64M

Class B Common Stock

Direct

J · J

+83.25K

Price / share

—

Trade value

—

% of position

5.1%

8/6/2025

1.64M→1.72M

Total

Net shares

−57.50K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class B Common Stock Indirect	8/6/2025	J · J	−175.99K	—	—	New position	175.99K	0.00
Class B Common Stock Indirect	8/6/2025	J · J	−24.01K	—	—	New position	24.01K	0.00
Class B Common Stock Direct	8/6/2025	J · J	+175.99K	—	—	12.8%	1.38M	1.55M
Class B Common Stock Indirect	8/6/2025	J · J	−83.25K	—	—	New position	83.25K	0.00
Class B Common Stock Indirect	8/6/2025	J · J	−83.25K	—	—	New position	83.25K	0.00
Class B Common Stock Indirect	8/6/2025	J · J	−16.75K	—	—	New position	16.75K	0.00
Class B Common Stock Indirect	8/6/2025	J · J	−16.75K	—	—	New position	16.75K	0.00
Class B Common Stock Direct	8/6/2025	J · J	+83.25K	—	—	5.4%	1.55M	1.64M
Class B Common Stock Direct	8/6/2025	J · J	+83.25K	—	—	5.1%	1.64M	1.72M
Total			−57.50K		$0.00

Derivative Transactions9

Class A Common Stock

Indirect

J · J

Converts to

Class B Common Stock

132K shares

−132K

Strike price

Held after

0.00

Exercisable

—

8/5/2025

Class A Common Stock

Direct

J · J

Converts to

Class B Common Stock

132K shares

+132K

Strike price

Held after

4.29M

Exercisable

—

8/5/2025

Class A Common Stock

Indirect

J · J

Converts to

Class B Common Stock

18K shares

−18K

Strike price

Held after

0.00

Exercisable

—

8/5/2025

Class A Common Stock

Indirect

J · J

Converts to

Class B Common Stock

83.25K shares

−83.25K

Strike price

Held after

0.00

Exercisable

—

8/5/2025

Class A Common Stock

Direct

J · J

Converts to

Class B Common Stock

83.25K shares

+83.25K

Strike price

Held after

4.37M

Exercisable

—

8/5/2025

Class A Common Stock

Indirect

J · J

Converts to

Class B Common Stock

16.75K shares

−16.75K

Strike price

Held after

0.00

Exercisable

—

8/5/2025

Class A Common Stock

Indirect

J · J

Converts to

Class B Common Stock

83.25K shares

−83.25K

Strike price

Held after

0.00

Exercisable

—

8/5/2025

Class A Common Stock

Direct

J · J

Converts to

Class B Common Stock

83.25K shares

+83.25K

Strike price

Held after

4.45M

Exercisable

—

8/5/2025

Class A Common Stock

Indirect

J · J

Converts to

Class B Common Stock

16.75K shares

−16.75K

Strike price

Held after

0.00

Exercisable

—

8/5/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Class A Common Stock Indirect	Class B Common Stock132K shares	8/5/2025	J · J	−132K	—	0.00
Class A Common Stock Direct	Class B Common Stock132K shares	8/5/2025	J · J	+132K	—	4.29M
Class A Common Stock Indirect	Class B Common Stock18K shares	8/5/2025	J · J	−18K	—	0.00
Class A Common Stock Indirect	Class B Common Stock83.25K shares	8/5/2025	J · J	−83.25K	—	0.00
Class A Common Stock Direct	Class B Common Stock83.25K shares	8/5/2025	J · J	+83.25K	—	4.37M
Class A Common Stock Indirect	Class B Common Stock16.75K shares	8/5/2025	J · J	−16.75K	—	0.00
Class A Common Stock Indirect	Class B Common Stock83.25K shares	8/5/2025	J · J	−83.25K	—	0.00
Class A Common Stock Direct	Class B Common Stock83.25K shares	8/5/2025	J · J	+83.25K	—	4.45M
Class A Common Stock Indirect	Class B Common Stock16.75K shares	8/5/2025	J · J	−16.75K	—	0.00

Non-Derivative Holdings (Post-Transaction)10

Class B Common Stock

Indirect

Shares owned9.42K

Class B Common Stock

Indirect

Shares owned8.62K

Class B Common Stock

Indirect

Shares owned13.96K

Class B Common Stock

Indirect

Shares owned24.30K

Class B Common Stock

Indirect

Shares owned24.30K

Class B Common Stock

Indirect

Shares owned55.76K

Class B Common Stock

Indirect

Shares owned24.30K

Class B Common Stock

Indirect

Shares owned59.90K

Class B Common Stock

Indirect

Shares owned55.76K

Class B Common Stock

Indirect

Shares owned9.42K

Total

285.73K indirect285.73K

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

Derivative Holdings (Post-Transaction)2

Class A Common Stock

Indirect

Underlying security

Class B Common Stock

Underlying shares

258.63K

Shares owned

258.63K

Exercise price

Expiration

—

Exercise window

—

Class A Common Stock

Indirect

Underlying security

Class B Common Stock

Underlying shares

400K

Shares owned

400K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

658.63K

Owned

658.63K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class A Common Stock Indirect	Class B Common Stock	—	—	258.63K	258.63K
Class A Common Stock Indirect	Class B Common Stock	—	—	400K	400K
Total				658.63K	658.63K