The insider selling is too small relative to market cap to convey a meaningful signal. Monitor for any upcoming earnings or pipeline catalysts, but this cluster alone does not warrant a trading response.
Price Chart
Executive Summary
CEO Martine Rothblatt sold ~$8.7M in open-market shares after exercising options, and Director Jan Malcolm sold $179K, totaling ~$8.9M in insider selling over a 7-day window. However, this represents only ~0.04% of UTHR's $22.4B market cap, making the cluster economically trivial and consistent with routine portfolio diversification or tax-related selling.
Key Financial Metrics
Key Facts
- CEO Martine Rothblatt sold ~$8.7M in open-market shares on July 13-14, 2026, following option exercises.
- Director Jan Malcolm sold 325 shares for $179K on July 10, 2026.
- Total insider selling in the cluster is ~$8.9M, but only 0.04% of UTHR's $22.4B market cap.
- All sales are open-market; no 10b5-1 plan indicated but pattern suggests routine diversification.
Financial Impact
Insider selling of ~$8.9M, immaterial relative to $22.4B market cap.
Risk Factors
- CEO selling after option exercise could be misinterpreted as bearish by retail investors.
- No other insiders selling in size suggests the selling is personal rather than informational.
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-1784149257390 |
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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