Form 4: UNITED THERAPEUTICS CEO Sells Shares
Insider Transaction (Form 4)
Martine A Rothblatt, Chairperson & CEO and a Director of UNITED THERAPEUTICS Corp, sold 9,500 shares of common stock on July 15, 2026.
Summary
- Option exercise/conversion: acquired 1,718 Common Stock at $135.42 ($232,652) on July 15, 2026; holds 42,231 after (Direct).
- Open-market sale: disposed of 80 Common Stock at $521.82 ($41,746) on July 15, 2026; holds 42,151 after (Direct).
- Open-market sale: disposed of 120 Common Stock at $523.97 ($62,877) on July 15, 2026; holds 42,031 after (Direct).
- Open-market sale: disposed of 80 Common Stock at $525.42 ($42,034) on July 15, 2026; holds 41,951 after (Direct).
- Open-market sale: disposed of 40 Common Stock at $527.55 ($21,102) on July 15, 2026; holds 41,911 after (Direct).
- Open-market sale: disposed of 120 Common Stock at $529.66 ($63,560) on July 15, 2026; holds 41,791 after (Direct).
- Open-market sale: disposed of 278 Common Stock at $530.97 ($147,609) on July 15, 2026; holds 41,513 after (Direct).
- Open-market sale: disposed of 800 Common Stock at $532.06 ($425,647) on July 15, 2026; holds 40,713 after (Direct).
- Open-market sale: disposed of 160 Common Stock at $533.22 ($85,315) on July 15, 2026; holds 40,553 after (Direct).
- Open-market sale: disposed of 40 Common Stock at $534.09 ($21,364) on July 15, 2026; holds 40,513 after (Direct).
- Option exercise/conversion: acquired 7,782 Common Stock at $135.42 ($1,053,838) on July 15, 2026; holds 332,225 after (Indirect).
- Open-market sale: disposed of 48 Common Stock at $520.92 ($25,004) on July 15, 2026; holds 332,177 after (Indirect).
- Open-market sale: disposed of 189 Common Stock at $521.84 ($98,628) on July 15, 2026; holds 331,988 after (Indirect).
- Open-market sale: disposed of 203 Common Stock at $523.20 ($106,210) on July 15, 2026; holds 331,785 after (Indirect).
- Open-market sale: disposed of 440 Common Stock at $524.40 ($230,734) on July 15, 2026; holds 331,345 after (Indirect).
- Open-market sale: disposed of 280 Common Stock at $525.24 ($147,066) on July 15, 2026; holds 331,065 after (Indirect).
- Open-market sale: disposed of 120 Common Stock at $527.77 ($63,332) on July 15, 2026; holds 330,945 after (Indirect).
- Open-market sale: disposed of 641 Common Stock at $529.03 ($339,106) on July 15, 2026; holds 330,304 after (Indirect).
- Open-market sale: disposed of 577 Common Stock at $530.12 ($305,878) on July 15, 2026; holds 329,727 after (Indirect).
- Open-market sale: disposed of 1,044 Common Stock at $531.03 ($554,391) on July 15, 2026; holds 328,683 after (Indirect).
- Open-market sale: disposed of 3,295 Common Stock at $531.97 ($1,752,834) on July 15, 2026; holds 325,388 after (Indirect).
- Open-market sale: disposed of 825 Common Stock at $533.08 ($439,791) on July 15, 2026; holds 324,563 after (Indirect).
- Open-market sale: disposed of 120 Common Stock at $534.27 ($64,113) on July 15, 2026; holds 324,443 after (Indirect).
- Option exercise/conversion: disposed of 1,718 Stock Option on July 15, 2026 (Direct).
- Option exercise/conversion: disposed of 7,782 Stock Option on July 15, 2026; holds 341,410 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $5,038,340 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Martine A Rothblatt — Director, Officer (Chairperson & CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-15 | Option exercise/conversion | Common Stock | 1,718 | $135 | $232.7K | 42,231 |
| 2026-07-15 | Open-market sale | Common Stock | 80 | $522 | $41.7K | 42,151 |
| 2026-07-15 | Open-market sale | Common Stock | 120 | $524 | $62.9K | 42,031 |
| 2026-07-15 | Open-market sale | Common Stock | 80 | $525 | $42.0K | 41,951 |
| 2026-07-15 | Open-market sale | Common Stock | 40 | $528 | $21.1K | 41,911 |
| 2026-07-15 | Open-market sale | Common Stock | 120 | $530 | $63.6K | 41,791 |
| 2026-07-15 | Open-market sale | Common Stock | 278 | $531 | $147.6K | 41,513 |
| 2026-07-15 | Open-market sale | Common Stock | 800 | $532 | $425.6K | 40,713 |
| 2026-07-15 | Open-market sale | Common Stock | 160 | $533 | $85.3K | 40,553 |
| 2026-07-15 | Open-market sale | Common Stock | 40 | $534 | $21.4K | 40,513 |
| 2026-07-15 | Option exercise/conversion | Common Stock | 7,782 | $135 | $1.1M | 332,225 |
| 2026-07-15 | Open-market sale | Common Stock | 48 | $521 | $25.0K | 332,177 |
| 2026-07-15 | Open-market sale | Common Stock | 189 | $522 | $98.6K | 331,988 |
| 2026-07-15 | Open-market sale | Common Stock | 203 | $523 | $106.2K | 331,785 |
| 2026-07-15 | Open-market sale | Common Stock | 440 | $524 | $230.7K | 331,345 |
| 2026-07-15 | Open-market sale | Common Stock | 280 | $525 | $147.1K | 331,065 |
| 2026-07-15 | Open-market sale | Common Stock | 120 | $528 | $63.3K | 330,945 |
| 2026-07-15 | Open-market sale | Common Stock | 641 | $529 | $339.1K | 330,304 |
| 2026-07-15 | Open-market sale | Common Stock | 577 | $530 | $305.9K | 329,727 |
| 2026-07-15 | Open-market sale | Common Stock | 1,044 | $531 | $554.4K | 328,683 |
| 2026-07-15 | Open-market sale | Common Stock | 3,295 | $532 | $1.8M | 325,388 |
| 2026-07-15 | Open-market sale | Common Stock | 825 | $533 | $439.8K | 324,563 |
| 2026-07-15 | Open-market sale | Common Stock | 120 | $534 | $64.1K | 324,443 |
| 2026-07-15 | Option exercise/conversion | Stock Option | 1,718 | — | — | 0 |
| 2026-07-15 | Option exercise/conversion | Stock Option | 7,782 | — | — | 341,410 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-15 | Option exercise/conversion (1,718 shares) |
| 2026-07-15 | Open-market sale (80 shares) |
| 2026-07-15 | Open-market sale (120 shares) |
| 2026-07-15 | Open-market sale (80 shares) |
| 2026-07-15 | Open-market sale (40 shares) |
| 2026-07-15 | Open-market sale (120 shares) |
| 2026-07-15 | Open-market sale (278 shares) |
| 2026-07-15 | Open-market sale (800 shares) |
| 2026-07-15 | Open-market sale (160 shares) |
| 2026-07-15 | Open-market sale (40 shares) |
| 2026-07-15 | Option exercise/conversion (7,782 shares) |
| 2026-07-15 | Open-market sale (48 shares) |
| 2026-07-15 | Open-market sale (189 shares) |
| 2026-07-15 | Open-market sale (203 shares) |
| 2026-07-15 | Open-market sale (440 shares) |
| 2026-07-15 | Open-market sale (280 shares) |
| 2026-07-15 | Open-market sale (120 shares) |
| 2026-07-15 | Open-market sale (641 shares) |
| 2026-07-15 | Open-market sale (577 shares) |
| 2026-07-15 | Open-market sale (1,044 shares) |
| 2026-07-15 | Open-market sale (3,295 shares) |
| 2026-07-15 | Open-market sale (825 shares) |
| 2026-07-15 | Open-market sale (120 shares) |
| 2026-07-15 | Option exercise/conversion (1,718 shares) |
| 2026-07-15 | Option exercise/conversion (7,782 shares) |
Keywords
insider transaction, Form 4, UTHR, UNITED THERAPEUTICS Corp, bearish, Martine A Rothblatt
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