Form 4: UnitedHealth Group Executive Cianfrocco Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Heather Cianfrocco, Chief Executive Officer of Optum, reports acquisition and disposal of UnitedHealth Group common stock due to dividend equivalents on restricted stock units.
Summary
- On September 24, 2024, Heather Cianfrocco, Chief Executive Officer of Optum (a subsidiary of UnitedHealth Group), reported changes in her beneficial ownership of UnitedHealth Group [UNH] common stock.
- She acquired 36.254 shares of common stock through dividend equivalents paid on outstanding restricted stock units.
- She disposed of 16,886.512 shares of 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 regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at UnitedHealth Group.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of the reported transaction (acquisition and disposal of shares). |
| 09/26/2024 | Date of signature by Attorney-in-Fact. |
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