UNITED THERAPEUTICS Corp [UTHR]

Reporting date: 10/06/2025

⚠️ Neutral Insider Mix Detected

πŸ“ What Happened

  • Insider: BENKOWITZ MICHAEL
  • Role: PRESIDENT AND COO
  • Company: UNITED THERAPEUTICS Corp (UTHR)
  • Transaction Date(s): 2025-10-06
  • Table I (Non-Derivative Securities)
    • Sale : 22,500.00
    • Average Sale Price: 450.24
    • Total Value: 22,500.00 * 450.24 = ~$10,130,438.91
    • Post-Transaction Direct Holdings: 2,648.00
    • Indirect Holdings: 0.00
    • 10b5-1 Plan Used? Yes

    πŸ“„ Summary

    BENKOWITZ MICHAEL, PRESIDENT AND COO at UNITED THERAPEUTICS Corp (UTHR), executed a mixed transaction involving 22,500 shares on October 06, 2025, at an average price of $450.24, realizing proceeds of about ~$10,130,439. After the transaction, he now holds 2,648 direct shares; 0 indirect shares. For retail traders, this is a neutral event: planned option exercise with subsequent 10b5-1 sales, routine liquidity rather than a clear negative signal.

    πŸ”‘ Interpretation

    • Type: Comp-related (exercise of options and sales executed under a Rule 10b5-1 trading plan)
    • Disposition: Shares were sold immediately (multiple S transactions executed the same trade date following option exercises)
    • Size Context: The sales (22,500 shares; ~ $10.1M proceeds) are sizable in absolute dollars but were offset by same-day acquisitions via option exercises β€” consistent with planned liquidity rather than ad hoc insider selling.
    • ATH Metric: I cannot fetch current all-time high/low price data from the web in this environment, so I cannot determine whether the trade occurred near an all-time high or low. Please verify latest ATH/ATL data separately to assess opportunistic timing versus routine execution.
    • Outlier Check: Not clearly an outlier based on this single filing β€” the pattern (exercise + sell via 10b5-1) is common for insiders monetizing options; historical comparison would require prior filings for confirmation.

    πŸ“Š Bullish or Bearish?

    Decide: Neutral

    Neutral. The filing shows concurrent option exercises (M) and sales (S) executed under a 10b5-1 plan, producing roughly equal acquired and disposed share quantities; this looks like planned liquidity rather than an opportunistic negative signal. Data in this filing is complete for the reported transactions but does not show cluster activity.

    βœ… Bottom Line (Retail Takeaway)

    This transaction looks like routine profit-taking rather than a bearish signal. For retail traders, it’s noise, not a tradeable event β€” not worth short-/mid-term action unless corroborated by material sales from multiple senior executives or a broader pattern of insider exits.