Form 4: UnitedHealth Group EVP Erin McSweeney Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Erin McSweeney, EVP & Chief People Officer at UnitedHealth Group, reports acquisition and disposal of common stock due to dividend equivalents on restricted stock units.
Summary
- Erin McSweeney, an EVP & Chief People Officer at UnitedHealth Group, filed a Form 4 to report changes in beneficial ownership of the company's stock.
- On September 24, 2024, McSweeney acquired 21.743 shares of common stock due to dividend equivalents paid on outstanding restricted stock units.
- On the same day, McSweeney disposed of 7,806.419 shares of common stock.
- Following these transactions, McSweeney directly owns 0 shares of UnitedHealth Group common stock.
- The dividend equivalents are subject to the same terms as the underlying restricted stock units and are forfeited if such units do not vest.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of stock acquisition and disposal. |
| 09/26/2024 | Date of signature for the report. |
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.