USPH · U S Physical Therapy Inc · Executive Compensation

$85.32 -2.02 (-2.31%) At close · Oct 28 Q1 2026 earnings call transcript

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$1.29B

14.92M

Volume · Oct 28 187.31K Avg daily vol (3M) 191.75K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Reading	CEO	$1,003,125	—	$1,955,250	—	$1,506,375	$3,564	$4,468,314
Christopher J. Reading	Chief Executive Officer	$1,003,125	—	$1,955,250	—	$1,506,375	$3,564	$4,468,314
Eric Williams	President, Chief Operating Officer - East	$688,750	—	$1,173,150	—	$836,875	$3,564	$2,702,339
Graham Reeve	Chief Operating Officer - West	$643,029	—	$782,100	—	$804,687	$3,564	$2,233,380
Carey Hendrickson	Chief Financial Officer	$514,423	—	$782,100	—	$592,250	$3,564	$1,892,337
Richard S. Binstein	Executive Vice President, General Counsel and Secretary	$424,038	—	$782,100	—	$531,250	$6,448	$1,743,836

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher J. Reading	Chief Executive Officer	$974,422	—	$1,888,440	—	$770,250	$3,564	$3,636,676
Christopher Reading	CEO	$974,422	—	$1,888,440	—	$770,250	$3,564	$3,636,676
Eric Williams	President, Chief Operating Officer - East	$645,769	—	$1,133,064	—	$481,000	$3,564	$2,263,397
Graham Reeve	Chief Operating Officer - West	$624,231	—	$755,376	—	$462,500	$3,564	$1,845,671
Carey Hendrickson	Chief Financial Officer	$499,231	—	$755,376	—	$370,000	$3,564	$1,628,171
Richard S. Binstein	Executive Vice President, General Counsel and Secretary	$399,039	—	$755,376	—	$336,000	$3,564	$1,493,979

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Reading	CEO	$958,731	—	$1,632,482	—	$777,600	$3,564	$3,372,377
Christopher J. Reading	Chief Executive Officer	$958,731	—	$1,632,482	—	$777,600	$3,564	$3,372,377
Graham Reeve	Chief Operating Officer - West	$604,193	—	$816,241	—	$490,050	$2,322	$1,912,806
Eric Williams	President, Chief Operating Officer - East	$537,193	—	$816,241	—	$437,400	$2,322	$1,793,156
Carey Hendrickson	Chief Financial Officer	$479,365	—	$816,241	—	$388,800	$3,564	$1,687,970
Richard S. Binstein	Executive Vice President, General Counsel and Secretary	$373,654	—	$816,241	—	$303,750	$3,564	$1,497,209

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Reading	CEO	$925,962	—	$1,016,800	—	$463,500	$2,322	$2,408,584
Christopher J. Reading	Chief Executive Officer	$925,962	—	$1,016,800	—	$463,500	$2,322	$2,408,584
Graham Reeve	Chief Operating Officer - West	$583,356	—	$508,400	—	$292,005	$2,322	$1,386,083
Eric Williams	President, Chief Operating Officer - East	$466,356	—	$508,400	—	$233,505	$2,322	$1,210,583
Carey Hendrickson	Chief Financial Officer	$462,981	—	$381,300	—	$185,400	$3,564	$1,033,245
Richard S. Binstein	Executive Vice President, General Counsel and Secretary	$339,085	—	$381,300	—	$136,000	$3,564	$859,949

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Reading	CEO	$896,154	—	$2,120,100	—	$1,125,000	$2,322	$4,143,576
Christopher J. Reading	Chief Executive Officer	$896,154	—	$2,120,100	—	$1,125,000	$2,322	$4,143,576
Graham Reeve	Chief Operating Officer - West	$565,961	—	$1,060,050	—	$708,750	$2,322	$2,337,083
Carey Hendrickson	Chief Financial Officer	$450,000	—	$795,038	—	$450,000	$2,322	$1,697,359
Eric Williams	Chief Operating Officer - East	$211,154	$225,000	$971,069	—	—	$893	$1,408,116

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Reading	CEO	$675,769	$350,000	$1,533,056	—	$400,000	$2,322	$2,961,147
Christopher J. Reading	Chief Executive Officer	$675,769	$350,000	$1,533,056	—	$400,000	$2,322	$2,961,147
Graham Reeve	Chief Operating Officer - West	$464,615	$175,000	$766,528	—	$270,000	$2,322	$1,678,465
Carey Hendrickson	Chief Financial Officer	$51,923	$25,000	$403,430	—	—	—	$480,353

Executive changes

Person	Role	Change	Effective	Filed
Myra Davis	member of the Board	Appointed	2026-10-01	2026-09-21
Nchacha Etta	Executive Vice President and Chief Financial Officer	Appointed	2026-09-01	2026-08-14
Carey Hendrickson	Chief Financial Officer	Resigned	2026-04-24	2026-02-26
Michael G. Mayrsohn	director	Appointed	2025-02-24	2024-11-01
Bernard Harris	Lead Independent Director on the Board of Directors	Appointed	—	2024-05-21
Edward L. Kuntz	Chairman of the Company's Board of Directors	Retired	2024-05-21	2024-05-21
Christopher J. Reading	Chairman of the Board of Directors	Appointed	2024-05-21	2024-05-21
Nancy Ham	Board of Directors	Appointed	2023-05-16	2023-05-17

Leadership

Christopher J. Reading CEO, Chairman, Board Member
Christopher Reading CEO, Board Member
Nchacha Etta CFO
Eric Williams COO
Graham Reeve COO
Richard S. Binstein General Counsel
Anne B. Motsenbocker Board Member
Anne Motsenbocker Board Member
Bernard Harris Board Member
Dr. Bernard A. Harris Board Member
Kathleen A. Gilmartin Board Member
Michael G. Mayrsohn Board Member
Myra Davis Board Member
Nancy Ham Board Member
Peter F. Minan Board Member
Regg E. Swanson Board Member

Key facts CIK 885978 CUSIP 90337L108 13F (30d) 60 filings 55 filers Visit website Investor relations