U.S. Physical Therapy, Inc.
US ˙ NYSE ˙ US90337L1089

Introduction

This page provides a comprehensive analysis of the known insider trading history of Reeve Graham D.. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Reeve Graham D. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:USPH / U.S. Physical Therapy, Inc. COO 21,483
US:VHS / Vanguard Health Systems Inc SVP-Operations 109,844
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Reeve Graham D.. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases USPH / U.S. Physical Therapy, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in USPH / U.S. Physical Therapy, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

USPH / U.S. Physical Therapy, Inc. Insider Trades
Insider Sales USPH / U.S. Physical Therapy, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in USPH / U.S. Physical Therapy, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-08-21 USPH REEVE GRAHAM D. 763 84.9700 763 84.9700 64,832 7 82.7600 -1,686 -2.60
2025-08-11 USPH REEVE GRAHAM D. 1,792 86.5700 1,792 86.5700 155,133
2025-05-21 USPH REEVE GRAHAM D. 530 78.0800 530 78.0800 41,382
2025-03-07 USPH REEVE GRAHAM D. 1,730 82.1100 1,730 82.1100 142,050
2024-11-08 USPH REEVE GRAHAM D. 1,724 96.2900 1,724 96.2900 166,004
2024-08-21 USPH REEVE GRAHAM D. 1,724 82.5000 1,724 82.5000 142,230
2024-05-10 USPH REEVE GRAHAM D. 1,724 105.4600 1,724 105.4600 181,813
2024-03-04 USPH REEVE GRAHAM D. 2,629 104.3900 2,629 104.3900 274,441
2023-11-15 USPH REEVE GRAHAM D. 1,500 87.3900 1,500 87.3900 131,085
2023-08-11 USPH REEVE GRAHAM D. 4,114 109.9900 4,114 109.9900 452,499
2023-03-02 USPH REEVE GRAHAM D. 1,912 100.9500 1,912 100.9500 193,016
2022-11-07 USPH REEVE GRAHAM D. 1,909 84.7900 1,909 84.7900 161,864
2022-08-08 USPH REEVE GRAHAM D. 3,818 92.2400 3,818 92.2400 352,172
2022-02-28 USPH REEVE GRAHAM D. 2,118 90.7500 2,118 90.7500 192,208
2021-12-06 USPH REEVE GRAHAM D. 1,000 94.1900 1,000 94.1900 94,190
2021-08-09 USPH REEVE GRAHAM D. 1,559 114.1500 1,559 114.1500 177,960
2021-05-07 USPH REEVE GRAHAM D. 1,819 117.9900 1,819 117.9900 214,624
2021-03-01 USPH REEVE GRAHAM D. 1,200 116.5000 1,200 116.5000 139,800
2020-11-10 USPH REEVE GRAHAM D. 1,000 104.2300 1,000 104.2300 104,230
2020-08-12 USPH REEVE GRAHAM D. 1,500 90.2100 1,500 90.2100 135,315
2020-05-28 USPH REEVE GRAHAM D. 1,000 78.3500 1,000 78.3500 78,350
2019-11-22 USPH REEVE GRAHAM D. 476 116.0600 476 116.0600 55,245
2019-08-12 USPH REEVE GRAHAM D. 952 134.0000 952 134.0000 127,568

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

USPH / U.S. Physical Therapy, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Reeve Graham D. as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-08-21 2025-08-21 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -763 21,483 -3.43 84.97 -64,832 1,825,411
2025-08-12 2025-08-11 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,792 22,246 -7.45 86.57 -155,133 1,925,836
2025-05-22 2025-05-21 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -530 17,244 -2.98 78.08 -41,382 1,346,412
2025-03-07 2025-03-07 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,730 7,168 -19.44 82.11 -142,050 588,564
2025-02-26 2025-02-24 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 8,100 19,192 73.03
2024-11-12 2024-11-08 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,724 7,106 -19.52 96.29 -166,004 684,237
2024-08-21 2024-08-21 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,724 7,038 -19.68 82.50 -142,230 580,635
2024-05-14 2024-05-10 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,724 6,970 -19.83 105.46 -181,813 735,056
2024-03-05 2024-03-04 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -2,629 6,902 -27.58 104.39 -274,441 720,500
2024-02-28 2024-02-26 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 8,100 18,260 79.72
2023-11-16 2023-11-15 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,500 7,801 -16.13 87.39 -131,085 681,729
2023-08-14 2023-08-11 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -4,114 7,577 -35.19 109.99 -452,499 833,394
2023-03-06 2023-03-02 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,912 8,243 -18.83 100.95 -193,016 832,131
2023-02-23 2023-02-20 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 5,000 17,062 41.45
2022-11-08 2022-11-07 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,909 8,083 -19.11 84.79 -161,864 685,358
2022-08-10 2022-08-08 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -3,818 16,191 -19.08 92.24 -352,172 1,493,458
2022-03-15 2022-03-11 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 10,000 20,305 97.04
2022-03-02 2022-02-28 4 USPH U S PHYSICAL THERAPY INC /NV
Common StockCommon Stock
S - Sale -2,118 7,639 -21.71 90.75 -192,208 693,239
2021-12-07 2021-12-06 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,000 7,845 -11.31 94.19 -94,190 738,921
2021-08-10 2021-08-09 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,559 6,936 -18.35 114.15 -177,960 791,744
2021-05-10 2021-05-07 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,819 6,586 -21.64 117.99 -214,624 777,082
2021-03-02 2021-03-01 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,200 6,496 -15.59 116.50 -139,800 756,784
2021-02-24 2021-02-22 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 5,600 17,944 45.37
2020-11-13 2020-11-10 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,000 6,137 -14.01 104.23 -104,230 639,660
2020-08-14 2020-08-12 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,500 5,578 -21.19 90.21 -135,315 503,191
2020-06-01 2020-05-28 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,000 5,519 -15.34 78.35 -78,350 432,414
2020-03-05 2020-03-03 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 7,014 18,580 60.64
2019-11-25 2019-11-22 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -476 3,839 -11.03 116.06 -55,245 445,554
2019-08-13 2019-08-12 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -952 17,002 -5.30 134.00 -127,568 2,278,268
2019-03-05 2019-03-04 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 10,335 17,954 135.65
2018-03-07 2018-03-05 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 7,619 7,619
2018-03-07 3 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
15,238
2018-03-07 3 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
15,238
2012-09-24 2012-09-20 4 VHS VANGUARD HEALTH SYSTEMS INC
Common Stock
A - Award 17,500 109,844 18.95
2012-08-21 2012-08-17 4 VHS VANGUARD HEALTH SYSTEMS INC
Common Stock
A - Award 28,559 92,346 44.77
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)