Martine A. Rothblatt - 17 Mar 2026 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role
Chairperson & CEO, Director
Signature
/s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol
UTHR
Transactions as of
17 Mar 2026
Net transactions value
-$5,099,104
Form type
4
Filing time
18 Mar 2026, 16:33:50 UTC
Previous filing
17 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ROTHBLATT MARTINE A Chairperson & CEO, Director C/O UNITED THERAPEUTICS CORPORATION, 1000 SPRING STREET, SILVER SPRING /s/ John S. Hess, Jr. under Power of Attorney 18 Mar 2026 0001106578

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise +9,500 +23% $146.03* 50,013 17 Mar 2026 Direct F1
transaction UTHR Common Stock Sale $70,651 -133 -0.27% $531.21 49,880 17 Mar 2026 Direct F1, F2
transaction UTHR Common Stock Sale $211,298 -397 -0.8% $532.24 49,483 17 Mar 2026 Direct F1, F3
transaction UTHR Common Stock Sale $355,617 -667 -1.3% $533.16 48,816 17 Mar 2026 Direct F1, F4
transaction UTHR Common Stock Sale $574,737 -1,076 -2.2% $534.14 47,740 17 Mar 2026 Direct F1, F5
transaction UTHR Common Stock Sale $388,982 -727 -1.5% $535.05 47,013 17 Mar 2026 Direct F1, F6
transaction UTHR Common Stock Sale $986,713 -1,840 -3.9% $536.26 45,173 17 Mar 2026 Direct F1, F7
transaction UTHR Common Stock Sale $537,318 -1,000 -2.2% $537.32 44,173 17 Mar 2026 Direct F1, F8
transaction UTHR Common Stock Sale $587,403 -1,091 -2.5% $538.41 43,082 17 Mar 2026 Direct F1, F9
transaction UTHR Common Stock Sale $921,830 -1,709 -4% $539.40 41,373 17 Mar 2026 Direct F1, F10
transaction UTHR Common Stock Sale $421,281 -780 -1.9% $540.10 40,593 17 Mar 2026 Direct F1, F11
transaction UTHR Common Stock Sale $43,274 -80 -0.2% $540.92 40,513 17 Mar 2026 Direct F1
holding UTHR Common Stock 166 17 Mar 2026 by Spouse
holding UTHR Common Stock 324,518 17 Mar 2026 by Trust F12
holding UTHR Common Stock 258,117 17 Mar 2026 by Trust F13
holding UTHR Common Stock 45,596 17 Mar 2026 by Trust F14
holding UTHR Common Stock 10,962 17 Mar 2026 by Trust F15

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UTHR Stock Option Options Exercise -9,500 -7% $0.000000* 126,000 17 Mar 2026 Common Stock 9,500 $146.03 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 This exercise of stock options and sale of the resulting shares of common stock was pursuant to a pre-arranged 10b5-1 trading plan adopted by the reporting person on November 7, 2025. This plan will continue until the earlier of: (a) the exercise of 1,734,410 stock options, all of which expire on March 17, 2027; or (b) December 31, 2026.
F10 This transaction was executed in multiple trades at prices ranging from $538.81 to $539.77. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F11 This transaction was executed in multiple trades at prices ranging from $539.83 to $540.80. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F12 Shares held in family trusts as to which the Reporting Person shares investment power and the Reporting Person and/or immediate family members are beneficiaries.
F13 Shares held in family trusts as to which the Reporting Person's spouse is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.
F14 Shares held in family trusts as to which the Reporting Person's spouse shares investment power and the Reporting Person and/or immediate family members are beneficiaries.
F15 Shares held in family trusts as to which the Reporting Person is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.
F2 This transaction was executed in multiple trades at prices ranging from $530.53 to $531.49. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $531.62 to $532.61. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $532.62 to $533.59. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $533.62 to $534.58. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $534.63 to $535.61. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $535.74 to $536.73. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $536.79 to $537.76. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F9 This transaction was executed in multiple trades at prices ranging from $537.81 to $538.80. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.