UHS · Universal Health Services Inc · Insider Trading

Option vested ratably on each of 3/23/2023, 3/23/2024, 3/23/2025, and 3/23/2026.

On May 27, 2026, 25,495 Class B shares were transferred from Alan B. Miller to the Abby Miller King 2026 GRAT.

On May 27, 2026, 14,163 Class B shares were distributed to Alan B. Miller from the Abby Miller King 2025 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2025 GRAT.

On May 27, 2026, 14,163 Class B shares were distributed to Alan B. Miller from the Marni Spencer 2025 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2025 GRAT.

On May 27, 2026, 9,418 Class B shares were distributed to Alan B. Miller from the Marni Spencer 2024 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2024 GRAT.

On May 27, 2026, 13,963 Class B shares were distributed to Alan B. Miller from the Marc Daniel Miller 2024 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2024 GRAT.

On May 27, 2026, 25,495 Class B shares were transferred from Alan B. Miller to the Marni Spencer 2026 GRAT.

On May 27, 2026, 9,418 Class B shares were distributed to Alan B. Miller from the Marni Spencer 2024 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2024 GRAT.

On May 27, 2026, 50,990 Class B shares were transferred from Alan B. Miller to the Marc Daniel Miller 2026 GRAT.

On May 27, 2026, 13,963 Class B shares were distributed to Alan B. Miller from the Marc Daniel Miller 2024 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2024 GRAT.

On May 27, 2026, 25,495 Class B shares were transferred from Alan B. Miller to the Abby Miller King 2026 GRAT.

On May 27, 2026, 50,990 Class B shares were transferred from Alan B. Miller to the Marc Daniel Miller 2026 GRAT.

On May 27, 2026, 14,163 Class B shares were distributed to Alan B. Miller from the Abby Miller King 2025 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2025 GRAT.

On May 27, 2026, 9,418 Class B shares were distributed to Alan B. Miller from the Abby Miller King 2024 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2024 GRAT.

On May 27, 2026, 9,418 Class B shares were distributed to Alan B. Miller from the Abby Miller King 2024 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2024 GRAT.

On May 27, 2026, 14,163 Class B shares were distributed to Alan B. Miller from the Marc Daniel Miller 2025 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2025 GRAT.

On May 27, 2026, 14,163 Class B shares were distributed to Alan B. Miller from the Marni Spencer 2025 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2025 GRAT.

On May 27, 2026, 25,495 Class B shares were transferred from Alan B. Miller to the Marni Spencer 2026 GRAT.

On May 27, 2026, 14,163 Class B shares were distributed to Alan B. Miller from the Marc Daniel Miller 2025 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2025 GRAT.

The restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and all units shall vest on the earlier of May 20, 2027 or the next annual meeting of stockholders which is at least 50 weeks after the 2026 annual meeting date of May 20, 2026.

The restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and all units shall vest on the earlier of May 20, 2027 or the next annual meeting of stockholders which is at least 50 weeks after the 2026 annual meeting date of May 20, 2026.

The restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and all units shall vest on the earlier of May 20, 2027 or the next annual meeting of stockholders which is at least 50 weeks after the 2026 annual meeting date of May 20, 2026.

The restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and all units shall vest on the earlier of May 20, 2027 or the next annual meeting of stockholders which is at least 50 weeks after the 2026 annual meeting date of May 20, 2026.

The restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and all units shall vest on the earlier of May 20, 2027 or the next annual meeting of stockholders which is at least 50 weeks after the 2026 annual meeting date of May 20, 2026.

These restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and units will vest ratably on 3/26/2027, 3/26/2028, 3/26/2029 and 3/26/2030.

These restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and units will vest ratably on 3/26/2027, 3/26/2028, 3/26/2029 and 3/26/2030.

These restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and units will vest ratably on 3/26/2027, 3/26/2028, 3/26/2029 and 3/26/2030.

These restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and units will vest ratably on 3/26/2027, 3/26/2028, 3/26/2029 and 3/26/2030.

Includes 591.2263 shares purchased at a discounted rate pursuant to the Universal Health Services 2005 Employee Stock Purchase Plan.

These restricted stock units were granted pursuant to the Universal Health Services, Inc. Amended and Restated 2020 Omnibus Stock and Incentive Plan and units will vest ratably on 3/26/2027, 3/26/2028, 3/26/2029 and 3/26/2030.

Includes 591.2263 shares purchased at a discounted rate pursuant to the Universal Health Services 2005 Employee Stock Purchase Plan.

Includes 591.2263 shares purchased at a discounted rate pursuant to the Universal Health Services 2005 Employee Stock Purchase Plan.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $193.35 to $193.40, inclusive. The reporting person undertakes to provide Universal Health Services, Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 2.

Option vested ratably on each of 3/17/2022, 3/17/2023, 3/17/2024 and 3/17/2025.

Option vested ratably on each of 3/17/2022, 3/17/2023, 3/17/2024 and 3/17/2025.

Represents shares of Class B Common Stock issued upon the vesting of the performance-based restricted stock units ("RSUs") awarded to the Reporting Person on March 15, 2023, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16.