The sales are small relative to company size and likely part of pre-arranged 10b5-1 plans following option exercises. Not a material negative signal. Watch for future filings to see if selling continues beyond this cluster.
Price Chart
Executive Summary
Three top executives at United Therapeutics — the CEO, CFO, and General Counsel — sold a combined $376K in shares over a 7-day window, following the exercise of stock options. The sales represent less than 0.0015% of the company's $24.8B market cap and appear to be part of pre-planned, non-discretionary transactions following option exercises.
Key Financial Metrics
Key Facts
- CEO Martine Rothblatt sold $21.7K, CFO James Edgemon sold $66.3K, and General Counsel Paul Mahon sold $288K in open-market transactions.
- All sales followed the exercise of stock options, with significant non-cash derivative exercises totaling over $5.4M in option value realized.
- Total dollar value of open-market sales ($376K) is only 0.0015% of the company's $24.8B market cap.
- Sales occurred at prices between $551.86 and $560.30 per share.
Financial Impact
$376,000 in net insider selling
Risk Factors
- Perception of insider pessimism if media or retail investors misinterpret routine transactions.
- Potential for increased scrutiny if similar clusters recur in the near term.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-UTHR-1775680472985 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $500.35 $497.31 | ▼ −0.61% | ▼ −2.72% | $571.38 (+14.20%) |
Sep 11, 2026 21d ago | Insider Cluster | $497.11 $494.63 | ▼ −0.50% | ▼ −0.28% | $571.38 (+14.94%) |
Sep 10, 2026 22d ago | Insider Cluster | $503.86 $497.27 | ▼ −1.31% | ▼ −0.81% | $571.38 (+13.40%) |
Sep 9, 2026 23d ago | Insider Cluster | $506.82 $498.48 | ▼ −1.65% | ▼ −0.99% | $571.38 (+12.74%) |
Sep 4, 2026 28d ago | Insider Cluster | $487.61 $502.70 | ▲ +3.09% | ▲ +4.30% | $571.38 (+17.18%) |
Sep 3, 2026 29d ago | Insider Cluster | $488.16 $497.11 | ▲ +1.83% | ▲ +2.98% | $571.38 (+17.05%) |
Aug 28, 2026 5w ago | Insider Cluster | $515.46 $487.61 | ▼ −5.40% | ▼ −5.51% | $571.38 (+10.85%) |
Aug 27, 2026 5w ago | Insider Cluster | $527.91 $492.02 | ▼ −6.80% | ▼ −6.03% | $571.38 (+8.23%) |
Aug 26, 2026 5w ago | Insider Cluster | $516.68 $492.02 | ▼ −4.77% | ▼ −4.65% | $571.38 (+10.59%) |
Aug 25, 2026 5w ago | Insider Cluster | $516.68 $492.02 | ▼ −4.77% | ▼ −4.65% | $571.38 (+10.59%) |
US Market Status
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