Form 4: United Therapeutics Director Katherine J. Klein Reports Share Tracking Award Exercise and Stock Disposal

Sentiment:

SEC Form 4 Filing


Katherine J. Klein, a director at United Therapeutics Corp, reported the exercise of share tracking awards and subsequent disposal of common stock on March 8, 2024.

Summary

  • On March 8, 2024, Katherine J. Klein, a director of United Therapeutics Corporation, executed transactions involving share tracking awards and common stock.
  • Klein exercised share tracking awards, resulting in the acquisition of 9,791 shares at a price of $123.75.
  • Following the exercise, Klein disposed of 9,791 shares of common stock at a price of $243.05.
  • After these transactions, Klein directly owns 3,640 shares of common stock and 19,584 share tracking awards.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment. It simply reports facts.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
11/11/2015Date share tracking award was exercisable
03/08/2024Date of transaction (exercise of share tracking award and disposal of stock)
03/11/2024Date of signature on the Form 4 filing
11/11/2024Expiration date of share tracking award

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.