Company: USPH
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001140361-25-029744
Chunk: 1

Company: U S PHYSICAL THERAPY INC /NV
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 4
Chunk 1
---
 may be named as a defendant in similar cases from time to time in the future.

                ITEM 5.

                OTHER INFORMATION.

Rule 105b-1 Trading Plans

The Company’s directors and executive officers do not currently have 10b5-1plans. During the six months ended June 30, 2025, none of our directors or executive officers adopted or terminated or any
        contract, instruction, or written plan for the purchase or sale of our securities to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any non-Rule 10b5-1 trading arrangement.

Amendment to Company Bylaws

On August 5, 2005, the Company’s Board of Directors approved and adopted an amendment to the Company Bylaws (the ‘Bylaws Amendment’). The Bylaws Amendment provides an advance notice provision applicable to
        stockholder nominations and proposals. The foregoing description is qualified in its entirety by reference to the full text of the Bylaws Amendment, which are filed as Exhibit 3.2 to this Quarterly Report on Form 10-Q

 Share Repurchase Program

        The Company's Board of Directors approved a share repurchase program effective August 5, 2025. The program authorizes the repurchase by the Company of up to $25
          million of its outstanding shares of common stock over the period ending on December 31, 2026.  Under the share repurchase program, shares may be repurchased from time to time in the open market or negotiated transactions at prevailing market
          rates, or by other means in accordance with federal securities laws. The timing and amount of share repurchases under the share repurchase program, if any, will depend on several factors, including the Company's stock price performance, ongoing
          capital allocation priorities and general market conditions.

        54

           Table of Contents

                ITEM 6.

                EXHIBITS.

              Exhibit
              Number

              Description

    3.2*

    Amended and Restated Bylaws of U.S. Physical Therapy Inc. effective as of August 5, 2025.

              31.1*

              Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer.

              31.2*

              Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer.

              32*

              Certification Pursuant to 18 U.S.C 1350, as Adopted Purs