Form 4: United Therapeutics Director Katherine J. Klein Reports Share Tracking Award Exercise and Stock Disposal
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
| Date | Description |
|---|---|
| 11/11/2015 | Date share tracking award was exercisable |
| 03/08/2024 | Date of transaction (exercise of share tracking award and disposal of stock) |
| 03/11/2024 | Date of signature on the Form 4 filing |
| 11/11/2024 | Expiration date of share tracking award |
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