SEC FORM 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:		3235-0287
Expires:	December 31, 2014
Estimated average burden
hours per response:		0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person ^*

Miller Marc D

(Last)

(First)

(Middle)

UNIVERSAL HEALTH SERVICES, INC.

367 SOUTH GULPH ROAD

(Street)

KING OF PRUSSIA

19406

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL HEALTH SERVICES INC [ UHS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	08/06/2025		J		83,252	D	$ 0	0	I	AMK 2014 LLC as held by Alan B. Miller
Class B Common Stock	08/06/2025		J		175,993	D	$ 0	0	I	MDM 2014 LLC as held by Alan B. Miller
Class B Common Stock	08/06/2025		J		24,007	D	$ 0	0	I	MDM 2014 LLC held by The Marc Daniel Miller 2002 Trust
Class B Common Stock	08/06/2025		J⁽¹⁾		24,007	A	$ 0	36,988	I	The Marc Daniel Miller 2002 Trust
Class B Common Stock	08/06/2025		J		83,252	D	$ 0	0	I	MS 2014 LLC as held by Alan B. Miller
Class B Common Stock	08/06/2025		J		16,748	D	$ 0	0	I	MS 2014 LLC held by The Marni Spencer 2002 Trust
Class B Common Stock	08/06/2025		J⁽²⁾		16,748	A	$ 0	69,726	I	The Marni Spencer 2002 Trust
Class B Common Stock	08/06/2025		J		16,748	D	$ 0	0	I	AMK 2014 LLC held by The Abby Danielle Miller 2002 Trust
Class B Common Stock	08/06/2025		J⁽²⁾		16,748	A	$ 0	49,294	I	The Abby Danielle Miller 2002 Trust
Class B Common Stock								278,054	D
Class B Common Stock								55,763	I	The Abby Miller King 2011 Family Trust
Class B Common Stock								59,900	I	The Marc Daniel Miller 2011 Family Trust
Class B Common Stock								55,763	I	The Marni Spencer 2011 Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	⁽³⁾							⁽⁴⁾	⁽⁵⁾	Class B Common Stock	61,500		61,500	I	Abby Danielle Miller Subtrust u/ Miller Family 2017 Trust
Class A Common Stock	⁽³⁾							⁽⁴⁾	⁽⁵⁾	Class B Common Stock	118,900		118,900	I	By The Abby Miller King Family 2012 Trust
Class A Common Stock	⁽³⁾							⁽⁴⁾	⁽⁵⁾	Class B Common Stock	118,900		118,900	I	By The Marc Daniel Miller Family 2012 Trust
Class A Common Stock	⁽³⁾							⁽⁴⁾	⁽⁵⁾	Class B Common Stock	118,900		118,900	I	By The Marni Spencer Family 2012 Trust
Class A Common Stock	⁽³⁾							⁽⁴⁾	⁽⁵⁾	Class B Common Stock	61,500		61,500	I	Marc Daniel Miller Subtrust u/ Miller Family 2017 Trust
Class A Common Stock	⁽³⁾							⁽⁴⁾	⁽⁵⁾	Class B Common Stock	61,500		61,500	I	Marni Spencer Subtrust u/ Miller Family 2017 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J			177,398	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	177,398	$ 0	354,796	I	A. Miller Family, LLC
Class A Common Stock	⁽³⁾	08/05/2025		J		177,398		⁽⁴⁾	⁽⁵⁾	Class B Common Stock	177,398	$ 0	316,593	I	The Marc Daniel Miller 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J			177,398	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	177,398	$ 0	177,398	I	A. Miller Family, LLC
Class A Common Stock	⁽³⁾	08/05/2025		J		177,398		⁽⁴⁾	⁽⁵⁾	Class B Common Stock	177,398	$ 0	276,461	I	The Abby Danielle Miller 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J			177,398	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	177,398	$ 0	0	I	A. Miller Family, LLC
Class A Common Stock	⁽³⁾	08/05/2025		J		177,398		⁽⁴⁾	⁽⁵⁾	Class B Common Stock	177,398	$ 0	276,461	I	The Marni Spencer 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J			131,995	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	131,995	$ 0	0	I	MDM 2014 LLC as held by Alan B. Miller
Class A Common Stock	⁽³⁾	08/05/2025		J			18,005	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	18,005	$ 0	0	I	MDM 2014 LLC held by The Marc Daniel Miller 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J⁽⁶⁾		18,005		⁽⁴⁾	⁽⁵⁾	Class B Common Stock	18,005	$ 0	334,598	I	The Marc Daniel Miller 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J			83,252	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	83,252	$ 0	0	I	MS 2014 LLC as held by Alan B. Miller
Class A Common Stock	⁽³⁾	08/05/2025		J			16,748	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	16,748	$ 0	0	I	MS 2014 LLC held by The Marni Spencer 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J⁽⁷⁾		16,748		⁽⁴⁾	⁽⁵⁾	Class B Common Stock	16,748	$ 0	293,209	I	The Marni Spencer 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J			83,252	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	83,252	$ 0	0	I	AMK 2014 LLC as held by Alan B. Miller
Class A Common Stock	⁽³⁾	08/05/2025		J			16,748	⁽⁴⁾	⁽⁵⁾	Class B Common Stock	16,748	$ 0	0	I	AMK 2014 LLC held by The Abby Danielle Miller 2002 Trust
Class A Common Stock	⁽³⁾	08/05/2025		J⁽⁷⁾		16,748		⁽⁴⁾	⁽⁵⁾	Class B Common Stock	16,748	$ 0	293,209	I	The Abby Danielle Miller 2002 Trust

Explanation of Responses:

1. Includes 24,007 shares of Class B Common Stock received as liquidating distribution from MDM 2014 LLC to The Marc Daniel Miller 2002 Trust in proportion to its interest in MDM 2014 LLC. This liquidating distribution from MDM 2014 LLC to The Marc Daniel Miller 2002 Trust represents a change in the form of ownership, with no change in the reporting person's pecuniary interest in the securities.

2. Includes 16,748 shares of Class B Common Stock received as liquidating distribution from MS 2014 LLC and AMK 2014 LLC (the "2014 LLCs") to The Marni Spencer 2002 Trust and The Abby Danielle Miller 2002 Trust (the "2002 Trusts"), respectively, in each case in proportion to their respective ownership interest in the applicable 2014 LLCs. This liquidating distribution from the 2014 LLCs to the 2002 Trusts represents a change in the form of ownership, with no change in the pecuniary interest of the applicable 2002 Trusts in the securities. The reporting person disclaims any pecuniary interest in the shares distributed from the 2014 LLCs to the 2002 Trusts, and this report shall not be deemed an admission that he is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

3. The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

4. Immediately.

5. Not Applicable.

6. Includes 18,005 shares of Class A Common Stock received as liquidating distribution from MDM 2014 LLC to The Marc Daniel Miller 2002 Trust in proportion to its interest in MDM 2014 LLC. This liquidating distribution from MDM 2014 LLC to The Marc Daniel Miller 2002 Trust represents a change in the form of ownership, with no change in the reporting person's pecuniary interest in the securities.

7. Includes 16,748 shares of Class A Common Stock received as liquidating distribution from the 2014 LLCs to the 2002 Trusts, in each case in proportion to their respective ownership interest in the applicable 2014 LLCs. This liquidating distribution from the 2014 LLCs to the 2002 Trusts represents a change in the form of ownership, with no change in the pecuniary interest of the applicable 2002 Trusts in the securities. The reporting person disclaims any pecuniary interest in the shares distributed from the 2014 LLCs to the 2002 Trusts, and this report shall not be deemed an admission that he is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

	/s/ Steve Filton, Attorney in Fact for Marc D. Miller	08/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.