| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| BENKOWITZ MICHAEL | PRESIDENT AND COO | C/O UNITED THERAPEUTICS CORPORATION, 1000 SPRING STREET, SILVER SPRING | /s/ John S. Hess, Jr. under Power of Attorney | 17 Sep 2025 | 0001673232 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UTHR | Common Stock | Options Exercise | $1,980,518 | +14,625 | $135.42 | 14,625 | 15 Sep 2025 | by Trust | F1, F2 | |
| transaction | UTHR | Common Stock | Sale | $117,101 | -295 | -2% | $396.95 | 14,330 | 15 Sep 2025 | by Trust | F1, F2, F3 |
| transaction | UTHR | Common Stock | Sale | $549,268 | -1,380 | -9.6% | $398.02 | 12,950 | 15 Sep 2025 | by Trust | F1, F2, F4 |
| transaction | UTHR | Common Stock | Sale | $564,689 | -1,415 | -11% | $399.07 | 11,535 | 15 Sep 2025 | by Trust | F1, F2, F5 |
| transaction | UTHR | Common Stock | Sale | $1,164,254 | -2,910 | -25% | $400.09 | 8,625 | 15 Sep 2025 | by Trust | F1, F2, F6 |
| transaction | UTHR | Common Stock | Sale | $2,045,227 | -5,103 | -59% | $400.79 | 3,522 | 15 Sep 2025 | by Trust | F1, F2, F7 |
| transaction | UTHR | Common Stock | Sale | $591,035 | -1,470 | -42% | $402.06 | 2,052 | 15 Sep 2025 | by Trust | F1, F2, F8 |
| transaction | UTHR | Common Stock | Sale | $826,965 | -2,052 | -100% | $403.00 | 0 | 15 Sep 2025 | by Trust | F1, F2, F9 |
| transaction | UTHR | Common Stock | Options Exercise | $1,149,986 | +7,875 | $146.03 | 7,875 | 15 Sep 2025 | by Trust | F1, F10 | |
| transaction | UTHR | Common Stock | Sale | $41,671 | -105 | -1.3% | $396.87 | 7,770 | 15 Sep 2025 | by Trust | F1, F3, F10 |
| transaction | UTHR | Common Stock | Sale | $326,325 | -820 | -11% | $397.96 | 6,950 | 15 Sep 2025 | by Trust | F1, F10, F11 |
| transaction | UTHR | Common Stock | Sale | $367,259 | -920 | -13% | $399.20 | 6,030 | 15 Sep 2025 | by Trust | F1, F10, F12 |
| transaction | UTHR | Common Stock | Sale | $916,148 | -2,289 | -38% | $400.24 | 3,741 | 15 Sep 2025 | by Trust | F1, F10, F13 |
| transaction | UTHR | Common Stock | Sale | $828,975 | -2,068 | -55% | $400.86 | 1,673 | 15 Sep 2025 | by Trust | F1, F10, F14 |
| transaction | UTHR | Common Stock | Sale | $268,618 | -668 | -40% | $402.12 | 1,005 | 15 Sep 2025 | by Trust | F1, F8, F10 |
| transaction | UTHR | Common Stock | Sale | $405,091 | -1,005 | -100% | $403.08 | 0 | 15 Sep 2025 | by Trust | F1, F10, F15 |
| holding | UTHR | Common Stock | 2,648 | 15 Sep 2025 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UTHR | StockOptions | Options Exercise | $0 | -14,625 | -9.2% | $0.000000 | 143,625 | 15 Sep 2025 | CommonStock | 14,625 | $135.42 | by Trust | F1, F2 |
| transaction | UTHR | StockOptions | Options Exercise | $0 | -7,875 | -16% | $0.000000 | 41,125 | 15 Sep 2025 | CommonStock | 7,875 | $146.03 | by Trust | F1, F10 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This exercise of stock options and subsequent sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 3,2025. |
| F2 | Reflects the exercise of options, and sale of the resulting shares of common stock, held in a trust beneficially owned by the Reporting Person, of whichthe Reporting Person is a beneficiary, and as to which the Reporting Person and his spouse are co-trustees and have shared investment and voting power. |
| F3 | This transaction was executed in multiple trades at prices ranging from $396.44 to $397.34. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F4 | This transaction was executed in multiple trades at prices ranging from $397.53 to $398.50. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F5 | This transaction was executed in multiple trades at prices ranging from $398.54 to $399.53. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F6 | This transaction was executed in multiple trades at prices ranging from $399.54 to $400.52. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F7 | This transaction was executed in multiple trades at prices ranging from $400.54 to $401.39. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F8 | This transaction was executed in multiple trades at prices ranging from $401.67 to $402.64. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F9 | This transaction was executed in multiple trades at prices ranging from $402.73 to $403.51. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F10 | Reflects the exercise of options, and sale of the resulting shares of common stock, held in a trust beneficially owned by the Reporting Person, of whichthe Reporting Person's family members are beneficiaries, and as to which the Reporting Person has sole investment and voting power. |
| F11 | This transaction was executed in multiple trades at prices ranging from $397.53 to $398.385. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F12 | This transaction was executed in multiple trades at prices ranging from $398.55 to $399.54. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F13 | This transaction was executed in multiple trades at prices ranging from $399.59 to $400.56. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F14 | This transaction was executed in multiple trades at prices ranging from $400.62 to $401.39. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |
| F15 | This transaction was executed in multiple trades at prices ranging from $402.73 to $403.44. The price reported above reflects the weighted averageprice. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full informationregarding the number of shares and prices at which the transaction was effected. |