The CEO's $3.4M sale is routine in size relative to UTHR's $22.4B market cap and does not signal a bearish view. Monitor for any upcoming earnings or pipeline catalysts that could explain the timing, but this cluster alone does not warrant a trading action.
Price Chart
Executive Summary
CEO Martine Rothblatt sold $3.4M worth of UTHR shares across 9 open-market trades on July 22, 2026, at prices ranging from $526.84 to $539.47. EVP Paul Mahon also sold $64K on July 16. The CEO's $3.4M sale represents ~0.015% of UTHR's $22.4B market cap, which is trivial in proportion. The cluster is overwhelmingly sell-side but immaterial relative to company size, and the CEO's trades may be routine diversification or tax planning. Non-cash director grants (22,030 shares total at $0) are neutral. No 10b5-1 pattern is evident from the data, but the dollar amount is too small to signal a material bearish view.
Key Financial Metrics
Key Facts
- CEO Martine Rothblatt sold 6,494 shares total across 9 open-market trades on July 22, 2026, for ~$3.4M
- EVP Paul Mahon sold 120 shares on July 16, 2026, for ~$64K
- Total insider sales of ~$3.5M represent ~0.016% of UTHR's $22.4B market cap
- 8 directors received non-cash stock grants totaling 22,030 shares at $0 on July 22, 2026
- No insider open-market purchases in the cluster
Financial Impact
Total insider sales of ~$3.5M, or ~0.016% of market cap — immaterial
Risk Factors
- CEO selling a large absolute dollar amount ($3.4M) could be misinterpreted as bearish by the market
- No insider buying to offset the selling pattern
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-1784880100865 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $500.35 $497.31 | ▼ −0.61% | ▼ −2.72% | $573.51 (+14.62%) |
Sep 11, 2026 21d ago | Insider Cluster | $497.11 $494.63 | ▼ −0.50% | ▼ −0.28% | $573.51 (+15.37%) |
Sep 10, 2026 22d ago | Insider Cluster | $503.86 $497.27 | ▼ −1.31% | ▼ −0.81% | $573.51 (+13.82%) |
Sep 9, 2026 23d ago | Insider Cluster | $506.82 $498.48 | ▼ −1.65% | ▼ −0.99% | $573.51 (+13.16%) |
Sep 4, 2026 28d ago | Insider Cluster | $487.61 $502.70 | ▲ +3.09% | ▲ +4.30% | $573.51 (+17.62%) |
Sep 3, 2026 29d ago | Insider Cluster | $488.16 $497.11 | ▲ +1.83% | ▲ +2.98% | $573.51 (+17.48%) |
Aug 28, 2026 5w ago | Insider Cluster | $515.46 $487.61 | ▼ −5.40% | ▼ −5.51% | $573.51 (+11.26%) |
Aug 27, 2026 5w ago | Insider Cluster | $527.91 $492.02 | ▼ −6.80% | ▼ −6.03% | $573.51 (+8.64%) |
Aug 26, 2026 5w ago | Insider Cluster | $516.68 $492.02 | ▼ −4.77% | ▼ −4.65% | $573.51 (+11.00%) |
Aug 25, 2026 5w ago | Insider Cluster | $516.68 $492.02 | ▼ −4.77% | ▼ −4.65% | $573.51 (+11.00%) |
US Market Status
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