Form 4: Paul R. Garcia Reports Changes in Beneficial Ownership of UnitedHealth Group Stock
SEC Form 4 Filing
Director Paul R. Garcia reports acquisition of UnitedHealth Group common stock due to dividend equivalents paid on vested deferred stock units.
Summary
- On March 19, 2024, Paul R. Garcia, a director of UnitedHealth Group, acquired 4 shares of common stock due to dividend equivalents paid on vested deferred stock units.
- The acquired shares were priced at $0.
- Following the transaction, Garcia directly owns 3,744 shares of UnitedHealth Group common stock.
- Garcia also indirectly owns shares through various trusts: 30 shares by Trust 1, 45 shares by Trust 2, 55 shares by Trust 3, 18 shares by Trust 4, and 20 shares by Trust 5.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of stock ownership changes. There's no indication of positive or negative implications for the company's performance.
Positives
- The acquisition of shares reflects continued investment in the company by a director.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of transaction: Acquisition of common stock due to dividend equivalents. |
| 03/21/2024 | Date of signature for the report. |
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