Key facts
- This page summarizes Martine A. Rothblatt's Form 4 filing for UNITED THERAPEUTICS Corp (UTHR).
- 21 reported transactions and 6 derivative rows are listed below.
- Accepted by SEC: 02 Apr 2026, 16:34.
Martine A. Rothblatt - 31 Mar 2026 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)
- Reporting relationship
- Chairperson & CEO, Director
- Issuer ticker
- UTHR
- Reported as of
- 31 Mar 2026
- Net transaction value
- -$5,564,709
- SEC form
- 4
- Accepted by SEC
- 02 Apr 2026, 16:34:01 UTC
- Prior SEC filing
- 31 Mar 2026
- Next SEC filing
- 02 Apr 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ John S. Hess, Jr. under Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Martine A. Rothblatt filed Form 4 for UNITED THERAPEUTICS Corp (UTHR) on 02 Apr 2026.
Change
- Previous filing in this sequence was filed on 31 Mar 2026.
- Current net transaction value: -$5,564,709.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- 02 Apr 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
- $146.03*
- Shares after
- 50,013
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1
UTHR
transaction
Common Stock
Sale
- Transaction value
- $45,964
- Shares
- -80
- Change %
- -0.16%
- Price
- $574.55
- Shares after
- 49,933
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F2
UTHR
transaction
Common Stock
Sale
- Transaction value
- $92,406
- Shares
- -160
- Change %
- -0.32%
- Price
- $577.54
- Shares after
- 49,773
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F3
UTHR
transaction
Common Stock
Sale
- Transaction value
- $139,219
- Shares
- -240
- Change %
- -0.48%
- Price
- $580.08
- Shares after
- 49,533
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F4
UTHR
transaction
Common Stock
Sale
- Transaction value
- $292,293
- Shares
- -503
- Change %
- -1%
- Price
- $581.10
- Shares after
- 49,030
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F5
UTHR
transaction
Common Stock
Sale
- Transaction value
- $468,666
- Shares
- -805
- Change %
- -1.6%
- Price
- $582.19
- Shares after
- 48,225
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F6
UTHR
transaction
Common Stock
Sale
- Transaction value
- $811,064
- Shares
- -1,391
- Change %
- -2.9%
- Price
- $583.08
- Shares after
- 46,834
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F7
UTHR
transaction
Common Stock
Sale
- Transaction value
- $572,363
- Shares
- -980
- Change %
- -2.1%
- Price
- $584.04
- Shares after
- 45,854
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F8
UTHR
transaction
Common Stock
Sale
- Transaction value
- $679,184
- Shares
- -1,161
- Change %
- -2.5%
- Price
- $585.00
- Shares after
- 44,693
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F9
UTHR
transaction
Common Stock
Sale
- Transaction value
- $519,316
- Shares
- -886
- Change %
- -2%
- Price
- $586.14
- Shares after
- 43,807
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F10
UTHR
transaction
Common Stock
Sale
- Transaction value
- $274,302
- Shares
- -467
- Change %
- -1.1%
- Price
- $587.37
- Shares after
- 43,340
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F11
UTHR
transaction
Common Stock
Sale
- Transaction value
- $333,609
- Shares
- -567
- Change %
- -1.3%
- Price
- $588.38
- Shares after
- 42,773
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F12
UTHR
transaction
Common Stock
Sale
- Transaction value
- $353,642
- Shares
- -600
- Change %
- -1.4%
- Price
- $589.40
- Shares after
- 42,173
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F13
UTHR
transaction
Common Stock
Sale
- Transaction value
- $448,670
- Shares
- -760
- Change %
- -1.8%
- Price
- $590.36
- Shares after
- 41,413
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F14
UTHR
transaction
Common Stock
Sale
- Transaction value
- $415,188
- Shares
- -700
- Change %
- -1.7%
- Price
- $593.13
- Shares after
- 40,713
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F15
UTHR
transaction
Common Stock
Sale
- Transaction value
- $118,822
- Shares
- -200
- Change %
- -0.49%
- Price
- $594.11
- Shares after
- 40,513
- Date
- 31 Mar 2026
- Ownership
- Direct
- Footnotes
- F1, F16
UTHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 166
- Date
- 31 Mar 2026
- Ownership
- by Spouse
UTHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 324,518
- Date
- 31 Mar 2026
- Ownership
- by Trust
- Footnotes
- F17
UTHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 258,117
- Date
- 31 Mar 2026
- Ownership
- by Trust
- Footnotes
- F18
UTHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 45,596
- Date
- 31 Mar 2026
- Ownership
- by Trust
- Footnotes
- F19
UTHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,962
- Date
- 31 Mar 2026
- Ownership
- by Trust
- Footnotes
- F1
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 %
- -23%
- Price
- $0.000000*
- Shares after
- 31,000
- Date
- 31 Mar 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,500
- Exercise price
- $146.03
- Footnotes
- F1
UTHR
transaction
Derivative
Stock Option
Gift
- Transaction value
- Shares
- -349,192
- Change %
- -50%
- Price
- $0.000000*
- Shares after
- 349,192
- Date
- 01 Apr 2026
- Ownership
- By Trust
- Underlying class
- Common Stock
- Underlying amount
- 349,192
- Exercise price
- $135.42
- Footnotes
- F20
UTHR
transaction
Derivative
Stock Options
Gift
- Transaction value
- Shares
- +349,192
- Change %
- Price
- $0.000000*
- Shares after
- 349,192
- Date
- 01 Apr 2026
- Ownership
- By Trust
- Underlying class
- Common Stock
- Underlying amount
- 349,192
- Exercise price
- $135.42
- Footnotes
- F20
UTHR
transaction
Derivative
Stock Options
Gift
- Transaction value
- Shares
- -500,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Apr 2026
- Ownership
- By Trusts
- Underlying class
- Common Stock
- Underlying amount
- 500,000
- Exercise price
- $117.76
- Footnotes
- F20, F21
UTHR
transaction
Derivative
Stock Options
Gift
- Transaction value
- Shares
- +500,000
- Change %
- Price
- $0.000000*
- Shares after
- 500,000
- Date
- 01 Apr 2026
- Ownership
- By Trusts
- Underlying class
- Common Stock
- Underlying amount
- 500,000
- Exercise price
- $117.76
- Footnotes
- F20, F21
UTHR
holding
Derivative
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 150,808
- Date
- 31 Mar 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 150,808
- Exercise price
- $135.42
* 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 21 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 17, 2027; or (b) December 31, 2026.
Footnote F2
This transaction was executed in multiple trades at prices ranging from $574.55 to $574.56. 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.
Footnote F3
This transaction was executed in multiple trades at prices ranging from $577.39 to $577.59. 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.
Footnote F4
This transaction was executed in multiple trades at prices ranging from $579.43 to $580.32. 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 $580.52 to $581.49. 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 $581.56 to $582.53. 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 F7
This transaction was executed in multiple trades at prices ranging from $582.58 to $583.57. 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.
Footnote F8
This transaction was executed in multiple trades at prices ranging from $583.58 to $584.53. 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 F9
This transaction was executed in multiple trades at prices ranging from $584.58 to $585.55. 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.
Footnote F10
This transaction was executed in multiple trades at prices ranging from $585.73 to $586.68. 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
This transaction was executed in multiple trades at prices ranging from $586.875 to $587.80. 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.
Footnote F12
This transaction was executed in multiple trades at prices ranging from $587.88 to $588.75. 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.
Footnote F13
This transaction was executed in multiple trades at prices ranging from $588.89 to $589.88. 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.
Footnote F14
This transaction was executed in multiple trades at prices ranging from $589.95 to $590.90. 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.
Footnote F15
This transaction was executed in multiple trades at prices ranging from $592.63 to $593.60. 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.
Footnote F16
This transaction was executed in multiple trades at prices ranging from $594.00 to $594.18. 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 F17
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 F18
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 F19
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 F20
This stock option was gifted from a trust beneficially owned by the Reporting Person to a family trust as to which the Reporting Person shares investment power and the Reporting Person and immediate family members are beneficiaries. The gift was made pursuant to an agreement entered into on November 21, 2025 which provided that the number of stock options to be gifted would be based on set formula using a valuation to be conducted on April 1, 2026. The actual number of stock options to be gifted was determined on April 1, 2026 and the gift occurred on the same date. No funds were exchanged, and no sale of shares occurred in the gift.
Footnote F21
This stock option become exercisable in three equal annual installments beginning on the second anniversary of the grant date. The stock option was granted on March 15, 2019.