Sales are routine and likely tied to option exercise tax planning. No bearish signal given the trivial dollar amount relative to market cap. Monitor for any material change in insider selling pattern, such as a sudden increase in volume or C-suite cluster without concurrent option exercises.
Price Chart
Executive Summary
CEO Martine Rothblatt and CFO James Edgemond executed derivative exercises and sold a combined ~$1.0M in open-market shares over a 3-day window. The sales are small relative to UTHR's $23.3B market cap (~0.004%), and the derivative exercises are non-cash events. The cluster is routine and lacks material directional signal.
Key Financial Metrics
Key Facts
- CEO Rothblatt sold 401 shares at ~$543.89 for $218K on June 3, 2026
- CFO Edgemond sold 1,440 shares at ~$544.96 for $785K on June 1, 2026
- Both insiders exercised stock options (non-cash) alongside the sales
- Total open-market sales: ~$1.0M, representing ~0.004% of UTHR's $23.3B market cap
- No open-market purchases were made by any insider in the cluster
Financial Impact
Total insider sales of ~$1.0M, immaterial relative to $23.3B market cap
Risk Factors
- No material risk identified from this cluster alone
- Historical performance on UTHR reports shows poor T+20 win rate (17%), suggesting limited predictive value from insider activity at this company
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-1780605193747 |
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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