UTHR UNITED THERAPEUTICS Corp

NEUTRAL Impact: 4/10 Insider Cluster (7 insiders)
Horizon days Filed Mar 16, 2026 Processed 2mo ago
Insider cluster: 3 insiders, $0.6M total
Final — all horizons settled through T+60d ⚠ clustered
UTHR ▲ +2.45% at T+60d
NEUTRAL call ✓ call won +2.45% · α vs SPY -8.03% · entry $531.65 → $544.69
Currently $545.96 · +2.69% from $531.65 entry
Entry anchored
Mar 13, 03:59 PM ET
via Databento tick
T+1d
+1.05%
call +1.05% · α +0.78%
$537.23
settled 3mo ago
T+5d
-2.61%
call -2.61% · α -0.57%
$517.79
settled 3mo ago
T+20d
+8.81%
call +8.81% · α +5.03%
$578.51
settled 2mo ago
T+60d
+2.45%
call +2.45% · α -8.03%
$544.69
settled 4d ago

Price Chart

Loading chart...

Executive Summary

Multiple United Therapeutics insiders, including CEO Martine Rothblatt and CFO James Edgemond, engaged in significant stock transactions over the past week, primarily involving derivative exercises and tax-related share withholdings. The open-market sales totaled $684,416, while non-cash transactions (exercises and tax withholdings) amounted to over $10.1 million in value. This cluster reflects routine equity settlement activity rather than strategic selling.

Key Financial Metrics

Direction
selling
Total Value
$684.4K
Insiders
7

Actionable Insight

The selling is minimal relative to market cap ($23.2B) and appears tied to option exercises and tax obligations, not negative sentiment. Traders should monitor for follow-up filings or commentary around earnings or pipeline updates, but no immediate signal from this cluster.

Key Facts

  • CEO Martine Rothblatt sold 1,009 shares for $537,803 across three open-market transactions; also exercised derivatives on 61,499 shares at $146.03 strike price
  • CFO James Edgemond had $2.51M in tax withholding (F transaction) and exercised derivatives on 10,380 shares (non-cash)
  • COO Michael Benkowitz had $4.20M in tax withholding (F transaction)
  • EVP Paul Mahon sold 753 shares for $397,184 and exercised derivatives on 17,195 shares
  • Director Judy Olian sold 200 shares for $107,088; Director Jan Malcolm sold 45 shares for $24,008
  • Total open-market sales: $684,416 across 4 insiders
  • Total non-cash transactions (M, F, A): over $10.1 million in value
  • All transactions occurred between March 15–19, 2026

Financial Impact

$684,416 in net open-market selling; $10.1M in non-cash derivative settlements and tax withholdings

insider ownershipshare counteffective tax cost

Risk Factors

  • Perception risk from high-dollar tax withholdings, though common in biotech executives with large option grants
  • Concentration of transactions around CEO and CFO could draw scrutiny if pattern continues

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (20 trades, 7d window)cluster-UTHR-1773952260021
51 reports for UTHR
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+60▲ +5.53%Feb 25, 2026
Filters
Rows
Reports for UTHR — sortable, filterable
Type Now
Jun 10, 2026
2d ago
Insider Cluster
NEUTRAL ★ 2/10
$544.59 awaiting T+1awaiting T+1$545.96 (+0.25%)
Jun 9, 2026
3d ago
Insider Cluster
NEUTRAL ★ 2/10
$553.04 awaiting T+1awaiting T+1$545.96 (−1.28%)
Jun 5, 2026
7d ago
Insider Cluster
NEUTRAL ★ 2/10
$547.10 awaiting T+1awaiting T+1$545.96 (−0.21%)
Jun 4, 2026
8d ago
Insider Cluster
NEUTRAL ★ 3/10
$547.10 awaiting T+1awaiting T+1$545.96 (−0.21%)
Jun 4, 2026
8d ago
Insider Cluster
NEUTRAL ★ 2/10
$547.10 awaiting T+1awaiting T+1$545.96 (−0.21%)
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 2/10
$547.22 $546.37▼ −0.16%▲ +2.44%$545.96 (−0.23%)
May 29, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$544.45 $539.91▼ −0.83%▼ −0.98%$545.96 (+0.28%)
May 28, 2026
15d ago
Insider Cluster
NEUTRAL ★ 3/10
$553.34 $544.45▼ −1.61%▼ −1.86%$545.96 (−1.33%)
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$561.70 $553.34▼ −1.49%▼ −1.73%$545.96 (−2.80%)
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 3/10
$567.74 $561.70▼ −1.06%▼ −1.62%$545.96 (−3.84%)
Showing 10 of 51

US Market Status

Market Closed — Opens Mon (48h 47m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access