Company: USPH
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001140361-25-013467
Chunk: 50

Company: U S PHYSICAL THERAPY INC /NV
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 50
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1.0. Because a significant amount of our CEO’s compensation for 2024 was in the form of equity compensation, and only a very small number of our employees receive equity compensation, we thought it would be helpful to our stockholders to see how the above ratios are impacted by excluding equity compensation. Excluding equity compensation, the annual total compensation of our median compensated employee was $44,829 and the annual total compensation for our Chief Executive Officer would be $1,748,236, resulting in a ratio of 39.0 to 1.0 if on-call employees are included. If on-call employees are excluded, the ratio is 33.1 to 1.0.

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TABLE OF CONTENTS

Pay Versus Performance The Company’s compensation objectives and philosophy, which are discussed above, are designed to reward the contributions of its NEOs to the Company’s financial performance and provide compensation which is sufficient to attract and retain individuals who are motivated to contribute to the Company’s financial performance. To achieve these goals, the Company has implemented incentive plans which tie a significant portion of each NEOs compensation to pre-determined financial goals. For the years ended December 31, 2024, and December 31, 2023, the most important financial performance measure used by the Company to link executive compensation actually paid to the executive officers was Adjusted EBITDAwhich is described in the accompanying footnotes below. For the years ended December 31, 2022, 2021 and 2020, the most important financial performance measure used by the Company to link executive compensation actually paid to the executive officers was Operating Results, which is described in the accompanying footnotes below. The following table summarizes the executive compensation earned by the Company’s Principal Executive Officer (“PEO”), and other Named Executive Officers, the executive compensation actually paid to the Company’s PEO and other NEOs, and certain financial performance measures of the Company for the years ended December 31, 2024, 2023, 2022, 2021, and 2020.

| Year(1) |             |     |         Summary 
    Compensation 
 Table Total for 
          PEO(1) 
             ($) |             |     |  Compensation 
 Actually Paid 
     to PEO(5) 
           ($) |     | Average Summary 
    Compensation 
 Table Total for 
 non-PEO NEOs(1) 
             ($) |     |          Average 
     Compensation 
 Actually Paid to 
          non-PE