JAMES EDGEMOND - 23 Sep 2024 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Signature
/s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol
UTHR
Transactions as of
23 Sep 2024
Net transactions value
-$1,768,474
Form type
4
Filing time
24 Sep 2024, 16:30:09 UTC
Previous filing
17 Sep 2024
Next filing
01 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $392,889 +3,267 +77% $120.26 7,531 23 Sep 2024 Direct F1
transaction UTHR Common Stock Sale $1,156,649 -3,267 -43% $354.04 4,264 23 Sep 2024 Direct F1
transaction UTHR Common Stock Options Exercise $400,384 +3,400 +80% $117.76 7,664 23 Sep 2024 Direct F1
transaction UTHR Common Stock Sale $1,203,736 -3,400 -44% $354.04 4,264 23 Sep 2024 Direct F1
transaction UTHR Common Stock Options Exercise $98,252 +817 +19% $120.26 5,081 23 Sep 2024 Direct F1, F2
transaction UTHR Common Stock Sale $196,492 -555 -11% $354.04 4,526 23 Sep 2024 Direct F1, F2
transaction UTHR Common Stock Options Exercise $100,096 +850 +19% $117.76 5,376 23 Sep 2024 Direct F1, F3
transaction UTHR Common Stock Sale $203,219 -574 -11% $354.04 4,802 23 Sep 2024 Direct F1, F3

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 Options Options Exercise $0 -3,267 -11% $0.000000 25,321 23 Sep 2024 Common Stock 3,267 $120.26 Direct F1
transaction UTHR Stock Options Options Exercise $0 -3,400 -2.4% $0.000000 137,850 23 Sep 2024 Common Stock 3,400 $117.76 Direct F1
transaction UTHR Stock Options Options Exercise $0 -817 -3.2% $0.000000 24,504 23 Sep 2024 Common Stock 817 $120.26 Direct F1
transaction UTHR Stock Options Options Exercise $0 -850 -0.62% $0.000000 137,000 23 Sep 2024 Common Stock 850 $117.76 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 subsequent sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on May 17, 2024.
F2 This option exercise was a "sell-to-cover" transaction whereby the reporting person exercised 817 stock options, sold 555 of the resulting shares of common stock, and held the remaining 262 shares of common stock.
F3 This option exercise was a "sell-to-cover" transaction whereby the reporting person exercised 850 stock options, sold 574 of the resulting shares of common stock, and held the remaining 276 shares of common stock.