Martine A. Rothblatt - 14 Jul 2026 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Reporting relationship: Chairperson & CEO, Director
Issuer ticker: UTHR
Reported as of: 14 Jul 2026
Net transaction value: -$5,004,909
SEC form: 4
Accepted by SEC: 15 Jul 2026, 17:00:05 UTC
Prior SEC filing: 14 Jul 2026
Next SEC filing: 16 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ John S. Hess, Jr. under Power of Attorney

Key filing fact

Martine A. Rothblatt filed Form 4 for UNITED THERAPEUTICS Corp (UTHR) on 15 Jul 2026.

Key facts

This page summarizes Martine A. Rothblatt's Form 4 filing for UNITED THERAPEUTICS Corp (UTHR).
11 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 15 Jul 2026, 17:00.

Change

Previous filing in this sequence was filed on 14 Jul 2026.
Current net transaction value: -$5,004,909.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001106578 Primary reporting owner

ROTHBLATT MARTINE A

Relationship: Chairperson & CEO, Director
Address: C/O UNITED THERAPEUTICS CORPORATION, 1000 SPRING STREET, SILVER SPRING
Signature: /s/ John S. Hess, Jr. under Power of Attorney
Signature date: 15 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UTHR transaction

Common Stock

Options Exercise

Transaction value
Shares: +9,500
Change %: +23%
Price: $135.42^*
Shares after: 50,013
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1

UTHR transaction

Common Stock

Sale

Transaction value: $440,284
Shares: -840
Change %: -1.7%
Price: $524.15
Shares after: 49,173
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F2

UTHR transaction

Common Stock

Sale

Transaction value: $770,940
Shares: -1,468
Change %: -3%
Price: $525.16
Shares after: 47,705
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F3

UTHR transaction

Common Stock

Sale

Transaction value: $1,837,255
Shares: -3,492
Change %: -7.3%
Price: $526.13
Shares after: 44,213
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F4

UTHR transaction

Common Stock

Sale

Transaction value: $643,010
Shares: -1,220
Change %: -2.8%
Price: $527.06
Shares after: 42,993
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F5

UTHR transaction

Common Stock

Sale

Transaction value: $348,569
Shares: -660
Change %: -1.5%
Price: $528.13
Shares after: 42,333
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F6

UTHR transaction

Common Stock

Sale

Transaction value: $507,512
Shares: -959
Change %: -2.3%
Price: $529.21
Shares after: 41,374
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F7

UTHR transaction

Common Stock

Sale

Transaction value: $293,993
Shares: -554
Change %: -1.3%
Price: $530.67
Shares after: 40,820
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F8

UTHR transaction

Common Stock

Sale

Transaction value: $56,826
Shares: -107
Change %: -0.26%
Price: $531.08
Shares after: 40,713
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F9

UTHR transaction

Common Stock

Sale

Transaction value: $106,520
Shares: -200
Change %: -0.49%
Price: $532.60
Shares after: 40,513
Date: 14 Jul 2026
Ownership: Direct
Footnotes: F1, F10

UTHR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 166
Date: 14 Jul 2026
Ownership: by Spouse

UTHR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 324,443
Date: 14 Jul 2026
Ownership: by Trust
Footnotes: F11

UTHR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 249,108
Date: 14 Jul 2026
Ownership: by Trust
Footnotes: F12

UTHR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 45,596
Date: 14 Jul 2026
Ownership: by Trust
Footnotes: F13

UTHR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,902
Date: 14 Jul 2026
Ownership: by Trust
Footnotes: F14

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UTHR transaction Derivative

Stock Option

Options Exercise

Transaction value
Shares: -9,500
Change %: -85%
Price: $0.000000^*
Shares after: 1,718
Date: 14 Jul 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,500
Exercise price: $135.42
Footnotes: F1

UTHR holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 349,192
Date: 14 Jul 2026
Ownership: by Trust
Underlying class: Common Stock
Underlying amount: 349,192
Exercise price: $135.42
Footnotes: F15

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 15 footnotes

Footnote F1

This exercise of stock options and sale of the resulting shares of common stock was pursuant to a pre-arranged 10b5-1 trading plan adopted by the reporting person on November 7, 2025. This plan will continue until the earlier of: (a) the exercise of 1,734,410 stock options, all of which expire on March 15, 2027; or (b) December 31, 2026.

Footnote F10

This transaction was executed in multiple trades at prices ranging from $532.45 to $532.64. 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.

Footnote F11

Shares held in family trusts as to which the Reporting Person shares investment power and the Reporting Person and/or immediate family members are beneficiaries.

Footnote F12

Shares held in family trusts as to which the Reporting Person's spouse is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.

Footnote F13

Shares held in family trusts as to which the Reporting Person's spouse shares investment power and the Reporting Person and/or immediate family members are beneficiaries.

Footnote F14

Shares held in family trusts as to which the Reporting Person is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.

Footnote F15

Stock options held in a family trust as to which the Reporting Person shares investment power and the Reporting Person and immediate family members are beneficiaries.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $523.57 to $524.44. 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.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $524.59 to $525.58. 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.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $525.59 to $526.53. 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.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $526.61 to $527.58. 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.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $527.66 to $528.58. 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.

Footnote F7

This transaction was executed in multiple trades at prices ranging from $528.80 to $529.78. 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.

Footnote F8

This transaction was executed in multiple trades at prices ranging from $529.945 to $530.91. 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.

Footnote F9

This transaction was executed in multiple trades at prices ranging from $531.04 to $531.10. 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.