USPh - U.S. Physical Therapy Inc.
05/06/2024 | Press release | Distributed by Public on 05/06/2024 11:39
Material Event - Form 8-K
ITEM 8.01 Other Event.
On May 3, 2024, the Board of Directors of U.S. Physical Therapy, Inc. (the "Company") re-appointed the directors to serve on the Compensation Committee of the Board of Directors, to consist of Kathleen A. Gilmartin (Chair), Anne B. Motsenbocker, and Edward L. Kuntz. Regg Swanson, a director since 2007 and a member of the Compensation Committee beginning in May 2023, has agreed to relinquish his service on the Compensation Committee in response to feedback from certain of the Company's stockholders that prefer the directors of that Committee to have been independent from the Company for at least the prior 5 years. Mr. Swanson has been independent since February 1, 2020.