JAMES EDGEMOND - 14 Oct 2024 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role
CFO AND TREASURER
Signature
/s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol
UTHR
Transactions as of
14 Oct 2024
Net transactions value
-$1,577,395
Form type
4
Filing time
15 Oct 2024, 16:30:08 UTC
Previous filing
08 Oct 2024
Next filing
22 Oct 2024
SEC
View on sec.gov

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 +56% $120.26 9,151 14 Oct 2024 Direct F1
transaction UTHR Common Stock Sale $1,162,660 -3,267 -36% $355.88 5,884 14 Oct 2024 Direct F1
transaction UTHR Common Stock Options Exercise $604,384 +3,400 +58% $177.76 9,284 14 Oct 2024 Direct F1
transaction UTHR Common Stock Sale $1,209,992 -3,400 -37% $355.88 5,884 14 Oct 2024 Direct F1
transaction UTHR Common Stock Options Exercise $98,252 +817 +14% $120.26 6,701 14 Oct 2024 Direct F1, F2
transaction UTHR Common Stock Sale $196,802 -553 -8.3% $355.88 6,148 14 Oct 2024 Direct F1, F2
transaction UTHR Common Stock Options Exercise $100,096 +850 +14% $117.76 6,998 14 Oct 2024 Direct F1, F3
transaction UTHR Common Stock Sale $203,563 -572 -8.2% $355.88 6,426 14 Oct 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 -20% $0.000000 13,069 14 Oct 2024 Common Stock 3,267 $120.26 Direct F1
transaction UTHR Stock Options Options Exercise $0 -3,400 -2.6% $0.000000 125,100 14 Oct 2024 Common Stock 3,400 $117.76 Direct F1
transaction UTHR Stock Options Options Exercise $0 -817 -6.3% $0.000000 12,252 14 Oct 2024 Common Stock 817 $120.26 Direct F1, F2
transaction UTHR Stock Options Options Exercise $0 -850 -0.68% $0.000000 124,250 14 Oct 2024 Common Stock 850 $117.76 Direct F1, F3
* 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 553 of the resulting shares of common stock, and held the remaining 264 shares of common stock.
F3 This option exercise was a "sell-to-cover" transaction whereby the reporting person exercised 850 stock options, sold 572 of the resulting shares of common stock, and held the remaining 278 shares of common stock.