| 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 | 28 Jan 2026 | 0001673232 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UTHR | Common Stock | Options Exercise | $1,149,986 | +7,875 | $146.03 | 7,875 | 20 Jan 2026 | by Trust | F1, F2 | |
| transaction | UTHR | Common Stock | Sale | $28,783 | -63 | -0.8% | $456.87 | 7,812 | 20 Jan 2026 | by Trust | F1, F2, F3 |
| transaction | UTHR | Common Stock | Sale | $170,345 | -372 | -4.8% | $457.92 | 7,440 | 20 Jan 2026 | by Trust | F1, F2, F4 |
| transaction | UTHR | Common Stock | Sale | $172,944 | -377 | -5.1% | $458.74 | 7,063 | 20 Jan 2026 | by Trust | F1, F2, F5 |
| transaction | UTHR | Common Stock | Sale | $123,244 | -268 | -3.8% | $459.86 | 6,795 | 20 Jan 2026 | by Trust | F1, F2, F6 |
| transaction | UTHR | Common Stock | Sale | $124,963 | -271 | -4% | $461.12 | 6,524 | 20 Jan 2026 | by Trust | F1, F2, F7 |
| transaction | UTHR | Common Stock | Sale | $612,430 | -1,322 | -20% | $463.26 | 5,202 | 20 Jan 2026 | by Trust | F1, F2, F8 |
| transaction | UTHR | Common Stock | Sale | $568,468 | -1,225 | -24% | $464.06 | 3,977 | 20 Jan 2026 | by Trust | F1, F2, F9 |
| transaction | UTHR | Common Stock | Sale | $449,296 | -966 | -24% | $465.11 | 3,011 | 20 Jan 2026 | by Trust | F1, F2, F10 |
| transaction | UTHR | Common Stock | Sale | $264,724 | -568 | -19% | $466.06 | 2,443 | 20 Jan 2026 | by Trust | F1, F2, F11 |
| transaction | UTHR | Common Stock | Sale | $149,936 | -321 | -13% | $467.09 | 2,122 | 20 Jan 2026 | by Trust | F1, F2, F12 |
| transaction | UTHR | Common Stock | Sale | $736,347 | -1,573 | -74% | $468.12 | 549 | 20 Jan 2026 | by Trust | F1, F2, F13 |
| transaction | UTHR | Common Stock | Sale | $211,600 | -451 | -82% | $469.18 | 98 | 20 Jan 2026 | by Trust | F1, F2, F14 |
| transaction | UTHR | Common Stock | Sale | $39,511 | -84 | -86% | $470.37 | 14 | 20 Jan 2026 | by Trust | F1, F2, F15 |
| transaction | UTHR | Common Stock | Sale | $6,591 | -14 | -100% | $470.76 | 0 | 20 Jan 2026 | by Trust | F1, F2 |
| transaction | UTHR | Common Stock | Options Exercise | $1,722,240 | +14,625 | $117.76 | 14,625 | 26 Jan 2026 | by Trust | F1, F16 | |
| transaction | UTHR | Common Stock | Sale | $6,901,656 | -14,625 | -100% | $471.91 | 0 | 26 Jan 2026 | by Trust | F1, F16 |
| transaction | UTHR | Common Stock | Options Exercise | $1,149,986 | +7,875 | $146.03 | 7,875 | 26 Jan 2026 | by Trust | F1, F2 | |
| transaction | UTHR | Common Stock | Sale | $3,716,276 | -7,875 | -100% | $471.91 | 0 | 26 Jan 2026 | by Trust | F1, F2 |
| holding | UTHR | Common Stock | 2,648 | 20 Jan 2026 | 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 | -7,875 | -18% | $0.000000 | 36,565 | 20 Jan 2026 | Common Stock | 7,875 | $146.03 | by Trust | F1, F2 |
| transaction | UTHR | Stock Options | Options Exercise | $0 | -14,625 | -22% | $0.000000 | 53,250 | 26 Jan 2026 | Common Stock | 14,625 | $117.76 | by Trust | F1, F16 |
| transaction | UTHR | Stock Options | Options Exercise | $0 | -7,875 | -22% | $0.000000 | 28,690 | 26 Jan 2026 | Common Stock | 7,875 | $146.03 | 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 | This transaction was executed in multiple trades at prices ranging from $464.62 to $465.615. 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 $465.62 to $466.57. 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 $466.73 to $467.70. 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 $467.73 to $468.72. 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 $468.73 to $469.65. 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 $469.73 to $470.70. 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 | 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. |
| 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's family members are beneficiaries, and as to which the Reporting Person has sole investment and voting power. |
| F3 | This transaction was executed in multiple trades at prices ranging from $456.34 to $457.26. 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 $457.36 to $458.34. 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 $458.38 to $459.14. 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 $459.55 to $460.45. 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 $460.56 to $461.55. 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. |
| F8 | This transaction was executed in multiple trades at prices ranging from $462.61 to $463.60. 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. |
| F9 | This transaction was executed in multiple trades at prices ranging from $463.61 to $464.59. 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. |