Form 4: United Therapeutics Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
United Therapeutics Director Jan Malcolm sold 50 shares of common stock for $474.23 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Jan Malcolm, a Director of United Therapeutics Corp (UTHR), reported a sale of common stock.
- The transaction involved the disposition of 50 shares of common stock.
- The shares were sold at a price of $474.23 per share.
- The sale occurred on February 3, 2026.
- Following this transaction, Jan Malcolm directly beneficially owns 270 shares of common stock.
- This sale was executed pursuant to a Rule 10b5-1 trading plan, which was entered into by the reporting person on September 11, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine insider transaction under a pre-established plan, which typically carries a neutral sentiment as it is not indicative of new information or a change in outlook.
Industry Context
StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are common practice for corporate directors and executives, designed to allow for pre-scheduled stock transactions to avoid accusations of trading on material non-public information. Such routine sales typically do not signal significant shifts in company or industry outlook.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, pre-planned insider sale of a relatively small number of shares, not typically signaling a change in company fundamentals or outlook.
Key Dates
| Date | Description |
|---|---|
| 09/11/2025 | Date the Rule 10b5-1 trading plan was entered into by the reporting person. |
| 02/03/2026 | Date of the reported transaction (sale of common stock). |
Keywords
United Therapeutics, UTHR, Form 4, Insider Trading, Stock Sale, Director, 10b5-1 Plan
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