Company: USPH
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001140361-25-006750
Chunk: 39

Company: U S PHYSICAL THERAPY INC /NV
Filing Date: 2025-03-03
Form: 10-K
Item: Item 3
Chunk 39
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ITEM 3.

                  LEGAL PROCEEDINGS

We are a party to various legal actions, proceedings, and claims (some of which are not insured), and regulatory and other governmental audits and investigations in the ordinary course of our
            business. We cannot predict the ultimate outcome of pending litigation, proceedings, regulatory and other governmental audits and investigations. These matters could potentially subject the Company to sanctions, damages, recoupments, fines, and
            other penalties. The Department of Justice, CMS, or other federal and state enforcement and regulatory agencies may conduct additional investigations related to our businesses in the future that may, either individually or in the aggregate,
            have a material adverse effect on our business, financial position, results of operations, and liquidity.

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              Table of Contents

Healthcare providers are subject to lawsuits under the qui tam provisions of the federal False Claims Act. Qui tam lawsuits typically remain under seal for some time while the government decides
            whether or not to intervene on behalf of a private qui tam plaintiff (known as a relator) and take the lead in the litigation. These lawsuits can involve significant monetary damages and penalties and award bounties to private plaintiffs who
            successfully bring the suits. We have been a defendant in these cases in the past and may be named as a defendant in similar cases from time to time in the future.

                      ITEM 4.

                      MINE SAFETY DISCLOSURES

Not Applicable.

PART II

                      ITEM 5.

                       MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our common stock has traded on the New York Stock Exchange (“NYSE”) since August 14, 2012, under the symbol “USPH”. As of March 3, 2025, there were 85 holders of record of our outstanding common
            stock.

DIVIDENDS

Our Board of Directors declared the following dividends during the year ended December 31, 2024:

                  Declaration Date

                   Record Date

                   Payment Date

                  Dividend Per Share

                  Aggregate Amount
                    (In thousands)

                  2/27/2024

                  3/12/2024

                  4/5/2024

                  $

                  0.44

                  $

                  6,630

                  5/7/2024

                  5/23/2024

                  6/