Form 4: UnitedHealth Group Director Stephen Hemsley Reports Changes in Beneficial Ownership

Stephen Hemsley, a director at UnitedHealth Group, reported the distribution of UNH shares from Grantor Retained Annuity Trusts and subsequent direct ownership changes.

Summary

• On September 16, 2024, Stephen Hemsley, a director at UnitedHealth Group, reported changes in his beneficial ownership of UNH common stock.
• 4,192 UNH shares were distributed from Grantor Retained Annuity Trust #10 to the trust's beneficiaries.
• 5,176 UNH shares were distributed from Grantor Retained Annuity Trust #11 to the trust's beneficiaries.
• 92,984 UNH shares from Grantor Retained Annuity Trust #10 and 44,864 UNH shares from Grantor Retained Annuity Trust #11 were distributed to Hemsley to satisfy annuity payments.
• Following these transactions, Hemsley directly owns 947,204.942 shares of UNH common stock.
• Hemsley also indirectly owns 339.2916 shares through a 401(k), 60,700 shares through GRAT12, and 57,500 shares through GRAT13.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership structure, but the overall effect is likely negligible.

Key Dates