| 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 | 16 Dec 2025 | 0001673232 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UTHR | Common Stock | Options Exercise | $1,722,240 | +14,625 | $117.76 | 14,625 | 15 Dec 2025 | by Trust | F1, F2 | |
| transaction | UTHR | Common Stock | Sale | $127,707 | -260 | -1.8% | $491.18 | 14,365 | 15 Dec 2025 | by Trust | F1, F2, F3 |
| transaction | UTHR | Common Stock | Sale | $721,733 | -1,466 | -10% | $492.31 | 12,899 | 15 Dec 2025 | by Trust | F1, F2, F4 |
| transaction | UTHR | Common Stock | Sale | $1,280,472 | -2,596 | -20% | $493.25 | 10,303 | 15 Dec 2025 | by Trust | F1, F2, F5 |
| transaction | UTHR | Common Stock | Sale | $714,518 | -1,446 | -14% | $494.13 | 8,857 | 15 Dec 2025 | by Trust | F1, F2, F6 |
| transaction | UTHR | Common Stock | Sale | $714,207 | -1,442 | -19% | $495.29 | 6,076 | 15 Dec 2025 | by Trust | F1, F2, F7 |
| transaction | UTHR | Common Stock | Sale | $664,359 | -1,339 | -15% | $496.16 | 7,518 | 15 Dec 2025 | by Trust | F1, F2, F8 |
| transaction | UTHR | Common Stock | Sale | $258,658 | -520 | -8.6% | $497.42 | 5,556 | 15 Dec 2025 | by Trust | F1, F2, F9 |
| transaction | UTHR | Common Stock | Sale | $608,829 | -1,222 | -22% | $498.22 | 4,334 | 15 Dec 2025 | by Trust | F1, F2, F10 |
| transaction | UTHR | Common Stock | Sale | $298,746 | -598 | -14% | $499.57 | 3,736 | 15 Dec 2025 | by Trust | F1, F2, F11 |
| transaction | UTHR | Common Stock | Sale | $1,869,140 | -3,736 | -100% | $500.31 | 0 | 15 Dec 2025 | by Trust | F1, F2, F12 |
| transaction | UTHR | Common Stock | Options Exercise | $3,768,800 | +7,875 | $478.58 | 7,875 | 15 Dec 2025 | by Trust | F1, F13 | |
| transaction | UTHR | Common Stock | Sale | $68,765 | -140 | -1.8% | $491.18 | 7,735 | 15 Dec 2025 | by Trust | F1, F3, F13 |
| transaction | UTHR | Common Stock | Sale | $388,436 | -789 | -10% | $492.31 | 6,946 | 15 Dec 2025 | by Trust | F1, F4, F13 |
| transaction | UTHR | Common Stock | Sale | $689,560 | -1,398 | -20% | $493.25 | 5,548 | 15 Dec 2025 | by Trust | F1, F5, F13 |
| transaction | UTHR | Common Stock | Sale | $384,930 | -779 | -14% | $494.13 | 4,769 | 15 Dec 2025 | by Trust | F1, F6, F13 |
| transaction | UTHR | Common Stock | Sale | $384,840 | -777 | -16% | $495.29 | 3,992 | 15 Dec 2025 | by Trust | F1, F7, F13 |
| transaction | UTHR | Common Stock | Sale | $357,236 | -720 | -18% | $496.16 | 3,272 | 15 Dec 2025 | by Trust | F1, F13, F14 |
| transaction | UTHR | Common Stock | Sale | $139,278 | -280 | -8.6% | $497.42 | 2,992 | 15 Dec 2025 | by Trust | F1, F9, F13 |
| transaction | UTHR | Common Stock | Sale | $327,831 | -658 | -22% | $498.22 | 2,334 | 15 Dec 2025 | by Trust | F1, F10, F13 |
| transaction | UTHR | Common Stock | Sale | $160,863 | -322 | -14% | $499.57 | 2,012 | 15 Dec 2025 | by Trust | F1, F11, F13 |
| transaction | UTHR | Common Stock | Sale | $1,006,614 | -2,012 | -100% | $500.31 | 0 | 15 Dec 2025 | by Trust | F1, F12, F13 |
| holding | UTHR | Common Stock | 2,648 | 15 Dec 2025 | Direct |
| 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 | -14,625 | -9.4% | $0.000000 | 141,000 | 15 Dec 2025 | Common Stock | 14,625 | $117.76 | by Trust | F1, F2 |
| transaction | UTHR | Stock Options | Options Exercise | $0 | -7,875 | -56% | $0.000000 | 6,190 | 15 Dec 2025 | Common Stock | 7,875 | $146.03 | by Trust | F1, F13 |
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 which the 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 $490.65 to $491.63. 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 $491.76 to $492.75. 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 $492.77 to $493.76. 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. |
| F6 | This transaction was executed in multiple trades at prices ranging from $493.78 to $494.77. 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $494.81 to $495.80. 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. |
| F8 | This transaction was executed in multiple trades at prices ranging from $495.81 to $496.79. 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 $496.86 to $497.84. 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. |
| F10 | This transaction was executed in multiple trades at prices ranging from $497.91 to $498.90. 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 $498.93 to $499.92. 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 | This transaction was executed in multiple trades at prices ranging from $500.14 to $500.40. 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. |
| F13 | 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 which the Reporting Person's family members are beneficiaries, and as to which the Reporting Person has sole investment and voting power. |
| F14 | This transaction was executed in multiple trades at prices ranging from $495.81 to $496.79. 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. |