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 October 2, 2026.
Summary
- Option exercise/conversion: acquired 9,500 Common Stock at $117.76 ($1,118,720) on October 2, 2026; holds 333,943 after (Indirect).
- Open-market sale: disposed of 700 Common Stock at $542.06 ($379,443) on October 2, 2026; holds 333,243 after (Indirect).
- Open-market sale: disposed of 408 Common Stock at $542.87 ($221,492) on October 2, 2026; holds 332,835 after (Indirect).
- Open-market sale: disposed of 1,032 Common Stock at $544.17 ($561,588) on October 2, 2026; holds 331,803 after (Indirect).
- Open-market sale: disposed of 1,280 Common Stock at $544.90 ($697,471) on October 2, 2026; holds 330,523 after (Indirect).
- Open-market sale: disposed of 309 Common Stock at $546.75 ($168,945) on October 2, 2026; holds 330,214 after (Indirect).
- Open-market sale: disposed of 1,171 Common Stock at $547.99 ($641,699) on October 2, 2026; holds 329,043 after (Indirect).
- Open-market sale: disposed of 1,206 Common Stock at $548.87 ($661,943) on October 2, 2026; holds 327,837 after (Indirect).
- Open-market sale: disposed of 757 Common Stock at $549.59 ($416,040) on October 2, 2026; holds 327,080 after (Indirect).
- Open-market sale: disposed of 432 Common Stock at $550.99 ($238,027) on October 2, 2026; holds 326,648 after (Indirect).
- Open-market sale: disposed of 725 Common Stock at $551.82 ($400,067) on October 2, 2026; holds 325,923 after (Indirect).
- Open-market sale: disposed of 160 Common Stock at $552.86 ($88,457) on October 2, 2026; holds 325,763 after (Indirect).
- Open-market sale: disposed of 80 Common Stock at $554.30 ($44,344) on October 2, 2026; holds 325,683 after (Indirect).
- Open-market sale: disposed of 80 Common Stock at $555.60 ($44,448) on October 2, 2026; holds 325,603 after (Indirect).
- Open-market sale: disposed of 240 Common Stock at $557.43 ($133,784) on October 2, 2026; holds 325,363 after (Indirect).
- Open-market sale: disposed of 120 Common Stock at $558.60 ($67,032) on October 2, 2026; holds 325,243 after (Indirect).
- Open-market sale: disposed of 120 Common Stock at $560.66 ($67,279) on October 2, 2026; holds 325,123 after (Indirect).
- Open-market sale: disposed of 40 Common Stock at $562.35 ($22,494) on October 2, 2026; holds 325,083 after (Indirect).
- Open-market sale: disposed of 80 Common Stock at $563.88 ($45,110) on October 2, 2026; holds 325,003 after (Indirect).
- Open-market sale: disposed of 80 Common Stock at $566.58 ($45,326) on October 2, 2026; holds 324,923 after (Indirect).
- Open-market sale: disposed of 240 Common Stock at $569.90 ($136,775) on October 2, 2026; holds 324,683 after (Indirect).
- Open-market sale: disposed of 120 Common Stock at $570.70 ($68,484) on October 2, 2026; holds 324,563 after (Indirect).
- Open-market sale: disposed of 80 Common Stock at $572.44 ($45,795) on October 2, 2026; holds 324,483 after (Indirect).
- Open-market sale: disposed of 40 Common Stock at $574.23 ($22,969) on October 2, 2026; holds 324,443 after (Indirect).
- Option exercise/conversion: disposed of 9,500 Stock Option on October 2, 2026; holds 309,410 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $5,219,015 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 |
|---|---|---|---|---|---|---|
| 2026-10-02 | Option exercise/conversion | Common Stock | 9,500 | $118 | $1.1M | 333,943 |
| 2026-10-02 | Open-market sale | Common Stock | 700 | $542 | $379.4K | 333,243 |
| 2026-10-02 | Open-market sale | Common Stock | 408 | $543 | $221.5K | 332,835 |
| 2026-10-02 | Open-market sale | Common Stock | 1,032 | $544 | $561.6K | 331,803 |
| 2026-10-02 | Open-market sale | Common Stock | 1,280 | $545 | $697.5K | 330,523 |
| 2026-10-02 | Open-market sale | Common Stock | 309 | $547 | $168.9K | 330,214 |
| 2026-10-02 | Open-market sale | Common Stock | 1,171 | $548 | $641.7K | 329,043 |
| 2026-10-02 | Open-market sale | Common Stock | 1,206 | $549 | $661.9K | 327,837 |
| 2026-10-02 | Open-market sale | Common Stock | 757 | $550 | $416.0K | 327,080 |
| 2026-10-02 | Open-market sale | Common Stock | 432 | $551 | $238.0K | 326,648 |
| 2026-10-02 | Open-market sale | Common Stock | 725 | $552 | $400.1K | 325,923 |
| 2026-10-02 | Open-market sale | Common Stock | 160 | $553 | $88.5K | 325,763 |
| 2026-10-02 | Open-market sale | Common Stock | 80 | $554 | $44.3K | 325,683 |
| 2026-10-02 | Open-market sale | Common Stock | 80 | $556 | $44.4K | 325,603 |
| 2026-10-02 | Open-market sale | Common Stock | 240 | $557 | $133.8K | 325,363 |
| 2026-10-02 | Open-market sale | Common Stock | 120 | $559 | $67.0K | 325,243 |
| 2026-10-02 | Open-market sale | Common Stock | 120 | $561 | $67.3K | 325,123 |
| 2026-10-02 | Open-market sale | Common Stock | 40 | $562 | $22.5K | 325,083 |
| 2026-10-02 | Open-market sale | Common Stock | 80 | $564 | $45.1K | 325,003 |
| 2026-10-02 | Open-market sale | Common Stock | 80 | $567 | $45.3K | 324,923 |
| 2026-10-02 | Open-market sale | Common Stock | 240 | $570 | $136.8K | 324,683 |
| 2026-10-02 | Open-market sale | Common Stock | 120 | $571 | $68.5K | 324,563 |
| 2026-10-02 | Open-market sale | Common Stock | 80 | $572 | $45.8K | 324,483 |
| 2026-10-02 | Open-market sale | Common Stock | 40 | $574 | $23.0K | 324,443 |
| 2026-10-02 | Option exercise/conversion | Stock Option | 9,500 | — | — | 309,410 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-02 | Option exercise/conversion (9,500 shares) |
| 2026-10-02 | Open-market sale (700 shares) |
| 2026-10-02 | Open-market sale (408 shares) |
| 2026-10-02 | Open-market sale (1,032 shares) |
| 2026-10-02 | Open-market sale (1,280 shares) |
| 2026-10-02 | Open-market sale (309 shares) |
| 2026-10-02 | Open-market sale (1,171 shares) |
| 2026-10-02 | Open-market sale (1,206 shares) |
| 2026-10-02 | Open-market sale (757 shares) |
| 2026-10-02 | Open-market sale (432 shares) |
| 2026-10-02 | Open-market sale (725 shares) |
| 2026-10-02 | Open-market sale (160 shares) |
| 2026-10-02 | Open-market sale (80 shares) |
| 2026-10-02 | Open-market sale (80 shares) |
| 2026-10-02 | Open-market sale (240 shares) |
| 2026-10-02 | Open-market sale (120 shares) |
| 2026-10-02 | Open-market sale (120 shares) |
| 2026-10-02 | Open-market sale (40 shares) |
| 2026-10-02 | Open-market sale (80 shares) |
| 2026-10-02 | Open-market sale (80 shares) |
| 2026-10-02 | Open-market sale (240 shares) |
| 2026-10-02 | Open-market sale (120 shares) |
| 2026-10-02 | Open-market sale (80 shares) |
| 2026-10-02 | Open-market sale (40 shares) |
| 2026-10-02 | Option exercise/conversion (9,500 shares) |
Keywords
insider transaction, Form 4, UTHR, UNITED THERAPEUTICS Corp, bearish, Martine A Rothblatt
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