| 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 | 29 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 | -50% | $117.76 | 14,625 | 22 Dec 2025 | by Trust | F1, F2 |
| transaction | UTHR | Common Stock | Sale | $349,278 | -682 | -4.7% | $512.14 | 13,943 | 22 Dec 2025 | by Trust | F1, F2, F3 |
| transaction | UTHR | Common Stock | Sale | $435,363 | -848 | -6.1% | $513.40 | 13,095 | 22 Dec 2025 | by Trust | F1, F2, F4 |
| transaction | UTHR | Common Stock | Sale | $6,076,534 | -11,815 | -90% | $514.31 | 1,280 | 22 Dec 2025 | by Trust | F1, F2, F5 |
| transaction | UTHR | Common Stock | Sale | $226,834 | -440 | -34% | $515.53 | 840 | 22 Dec 2025 | by Trust | F1, F2, F6 |
| transaction | UTHR | Common Stock | Sale | $289,166 | -560 | -67% | $516.37 | 280 | 22 Dec 2025 | by Trust | F1, F2, F7 |
| transaction | UTHR | Common Stock | Sale | $103,548 | -200 | -71% | $517.74 | 80 | 22 Dec 2025 | by Trust | F1, F2, F8 |
| transaction | UTHR | Common Stock | Sale | $41,513 | -80 | -100% | $518.91 | 0 | 22 Dec 2025 | by Trust | F1, F2, F9 |
| transaction | UTHR | Common Stock | Options Exercise | $903,926 | +6,190 | $146.03 | 6,190 | 22 Dec 2025 | by Trust | F1, F10 | |
| transaction | UTHR | Common Stock | Options Exercise | $246,061 | +1,685 | +27% | $146.03 | 7,875 | 22 Dec 2025 | by Trust | F1, F10 |
| transaction | UTHR | Common Stock | Sale | $61,401 | -120 | -1.5% | $511.67 | 7,755 | 22 Dec 2025 | by Trust | F1, F10, F11 |
| transaction | UTHR | Common Stock | Sale | $184,524 | -360 | -4.6% | $512.57 | 7,395 | 22 Dec 2025 | by Trust | F1, F10, F12 |
| transaction | UTHR | Common Stock | Sale | $3,412,227 | -6,635 | -90% | $514.28 | 760 | 22 Dec 2025 | by Trust | F1, F10, F13 |
| transaction | UTHR | Common Stock | Sale | $103,049 | -200 | -26% | $515.24 | 560 | 22 Dec 2025 | by Trust | F1, F10, F14 |
| transaction | UTHR | Common Stock | Sale | $185,889 | -360 | -64% | $516.36 | 200 | 22 Dec 2025 | by Trust | F1, F10, F15 |
| transaction | UTHR | Common Stock | Sale | $62,119 | -120 | -60% | $517.66 | 80 | 22 Dec 2025 | by Trust | F1, F8, F10 |
| transaction | UTHR | Common Stock | Sale | $41,519 | -80 | -100% | $518.98 | 0 | 22 Dec 2025 | by Trust | F1, F10, F16 |
| holding | UTHR | Common Stock | 2,648 | 22 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 | -6,190 | -100% | $0.000000 | 0 | 22 Dec 2025 | Common Stock | 6,190 | $146.03 | by Trust | F1, F10 |
| transaction | UTHR | Stock Options | Options Exercise | $0 | -1,685 | -2.4% | $0.000000 | 68,065 | 22 Dec 2025 | Common Stock | 1,685 | $146.03 | by Trust | F1, F10 |
| transaction | UTHR | Stock Options | Options Exercise | $0 | -14,625 | -10% | $0.000000 | 126,375 | 22 Dec 2025 | Common Stock | 14,625 | $117.76 | by Trust | F1, F2 |
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. |
| 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 which the 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 $511.13 to $511.99. 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 $512.13 to $512.96. 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 | This transaction was executed in multiple trades at prices ranging from $513.43 to $514.33. 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. |
| F14 | This transaction was executed in multiple trades at prices ranging from $514.65 to $515.63. 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. |
| F15 | This transaction was executed in multiple trades at prices ranging from $515.72 to $516.55. 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. |
| F16 | This transaction was executed in multiple trades at prices ranging from $518.98 to $518.99. 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. |
| 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 $511.66 to $512.56. 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 $512.81 to $513.79. 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $513.83 to $514.60. 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 $514.93 to $515.88. 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 $516.02 to $517.01. 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 $517.26 to $517.93. 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 $518.80 to $519.02. 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. |