UNITED THERAPEUTICS Corp

UTHR

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001106578-26-000004
Filing date: Mar 5, 2026
Earliest execution date: Mar 4, 2026
Reporting Owners: ROTHBLATT MARTINE A (CEO)

Summary

Type

Sell

Net shares

0

% of shares

0.00%

Amount (USD)

$3,266,843

Insider confidence score

52.5 out of 100

Positive

  • Under Rule 10b5-1 trading plan
  • Very small scheduled sell (<0.05% of shares)

Negative

  • Very large sell amount ($1M+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

+9,500.0

Price per Share

$146.03

Amount (USD)

$1,387,285.00

Acquired/Disposed

Acquired

Shares Owned Before

130.0

Shares Owned After

9,630.0

Transaction 2

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-399.0

Price per Share

$486.42

Amount (USD)

$194,082.74

Acquired/Disposed

Disposed

Shares Owned Before

9,630.0

Shares Owned After

9,231.0

Transaction 3

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-926.0

Price per Share

$487.55

Amount (USD)

$451,474.91

Acquired/Disposed

Disposed

Shares Owned Before

9,231.0

Shares Owned After

8,305.0

Transaction 4

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-2,429.0

Price per Share

$488.63

Amount (USD)

$1,186,881.78

Acquired/Disposed

Disposed

Shares Owned Before

8,305.0

Shares Owned After

5,876.0

Transaction 5

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-2,290.0

Price per Share

$489.68

Amount (USD)

$1,121,366.51

Acquired/Disposed

Disposed

Shares Owned Before

5,876.0

Shares Owned After

3,586.0

Transaction 6

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-1,808.0

Price per Share

$490.52

Amount (USD)

$886,857.81

Acquired/Disposed

Disposed

Shares Owned Before

3,586.0

Shares Owned After

1,778.0

Transaction 7

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-485.0

Price per Share

$491.33

Amount (USD)

$238,296.26

Acquired/Disposed

Disposed

Shares Owned Before

1,778.0

Shares Owned After

1,293.0

Transaction 8

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-243.0

Price per Share

$492.44

Amount (USD)

$119,662.63

Acquired/Disposed

Disposed

Shares Owned Before

1,293.0

Shares Owned After

1,050.0

Transaction 9

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-185.0

Price per Share

$493.40

Amount (USD)

$91,278.61

Acquired/Disposed

Disposed

Shares Owned Before

1,050.0

Shares Owned After

865.0

Transaction 10

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-215.0

Price per Share

$494.74

Amount (USD)

$106,368.91

Acquired/Disposed

Disposed

Shares Owned Before

865.0

Shares Owned After

650.0

Transaction 11

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-480.0

Price per Share

$495.78

Amount (USD)

$237,976.42

Acquired/Disposed

Disposed

Shares Owned Before

650.0

Shares Owned After

170.0

Transaction 12

Security

Common Stock

Action

Sell

Date

2026-03-04

Code

S

Net shares

-40.0

Price per Share

$497.05

Amount (USD)

$19,882.00

Acquired/Disposed

Disposed

Shares Owned Before

170.0

Shares Owned After

130.0

Derivative Transactions

Transaction 1

Security

Stock Options

Action

Exercise

Date

2026-03-04

Code

M

Net shares

-9,500.0

Acquired/Disposed

Disposed

Shares Owned Before

221,000.0

Shares Owned After

211,500.0

Filing's footnotes

1. This exercise of stock options and sale of the resulting shares of common stock was pursuant to a pre-arranged 10b5-1 trading plan adopted by the reporting person on November 7, 2025. This plan will continue until the earlier of: (a) the exercise of 1,734,410 stock options, all of which expire on March 17, 2027; or (b) December 31, 2026.

2. This transaction was executed in multiple trades at prices ranging from $494.28 to $495.01. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. This transaction was executed in multiple trades at prices ranging from $495.39 to $496.26. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

4. Shares held in family trusts as to which the Reporting Person shares investment power and the Reporting Person and/or immediate family members are beneficiaries.

5. Shares held in family trusts as to which the Reporting Person's spouse is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.

6. Shares held in family trusts as to which the Reporting Person's spouse shares investment power and the Reporting Person and/or immediate family members are beneficiaries.

7. Shares held in family trusts as to which the Reporting Person is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.

8. This transaction was executed in multiple trades at prices ranging from $486.01 to $486.90. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

9. This transaction was executed in multiple trades at prices ranging from $487.05 to $488.03. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

10. This transaction was executed in multiple trades at prices ranging from $488.07 to $489.04. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

11. This transaction was executed in multiple trades at prices ranging from $489.08 to $490.07. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

12. This transaction was executed in multiple trades at prices ranging from $490.08 to $491.045. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

13. This transaction was executed in multiple trades at prices ranging from $491.10 to $492.07. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

14. This transaction was executed in multiple trades at prices ranging from $492.12 to $492.87. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

15. This transaction was executed in multiple trades at prices ranging from $493.23 to $493.91. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

ℹ️ Filed under Rule 10b5-1 trading plan

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.