Vanguard Capital Management LLC Acquires 5.14% Stake in US Physical Therapy Inc (USPH)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.14% ownership stake in US Physical Therapy Inc (USPH). As of the event date on March 31, 2026, Vanguard beneficially owns 777,590 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 777,590 shares, while maintaining sole voting power over 113,528 shares. This position was previously reported as 0.0%, marking a significant increase and the crossing of the 5% disclosure threshold. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reported holdings include shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person represented in this filing holds an interest exceeding 5% of the shares.