The CEO's sales follow a typical option-exercise-and-sell pattern, which is routine for executive compensation. The EVP's larger sale is the only notable element, but at ~$1M it is not material relative to a ~$26B company. Monitor for any acceleration in insider selling volume or any accompanying 8-K for negative news, but standalone this cluster is not actionable.
Price Chart
Executive Summary
CEO Martine Rothblatt and EVP Paul Mahon sold a combined $1.38M in open-market sales, with the CEO exercising and immediately selling option shares. The CEO's sales are consistent with routine option exercise/stock sale patterns, while the EVP's $1.04M sale is notable in absolute terms but represents less than 0.1% of UTHR's market cap. No material business catalyst or negative news accompanies these sales, making the cluster routine in context.
Key Financial Metrics
Key Facts
- CEO Martine Rothblatt sold ~$1.04M in open-market sales on Oct 14, 2026, after exercising 9,500 options at $117.76/share (non-cash event)
- EVP & General Counsel Paul Mahon sold $1.04M in open-market sales on Oct 15, 2026
- Total cluster value: $1.38M in open-market sales
- CEO's sales represent less than 0.1% of UTHR's market cap (est. ~$26B based on ~$540/share and ~48M shares outstanding)
- No insider purchases in the cluster
Financial Impact
Total insider sales of $1.38M, representing <0.1% of market cap
Risk Factors
- Insider selling by two top executives in the same week could be perceived negatively by the market despite routine patterns
- No insider buying to offset the selling signal
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-UTHR-1792182889228 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Insider Cluster | $587.50 | awaiting T+5 | — | $592.84 (+0.91%) |
Oct 22, 2026 4d ago | 8-K | $584.79 | awaiting T+5 | — | $592.84 (+1.38%) |
Oct 22, 2026 4d ago | Insider Cluster | $587.50 | awaiting T+5 | — | $592.84 (−0.91%) |
Oct 21, 2026 5d ago | Insider Cluster | $584.79 | awaiting T+5 | — | $592.84 (+1.38%) |
Oct 20, 2026 6d ago | Insider Cluster | $563.49 | awaiting T+5 | — | $592.84 (+5.21%) |
Oct 19, 2026 7d ago | Insider Cluster | $553.88 | awaiting T+5 | — | $592.84 (+7.03%) |
Oct 16, 2026 10d ago | Insider Cluster | $543.15 $592.84 | ▲ +9.15% | ▲ +9.29% | $592.84 (+9.15%) |
Oct 14, 2026 12d ago | 8-K | $540.03 $563.49 | ▲ +4.34% | ▲ +3.89% | $592.84 (+9.78%) |
Oct 5, 2026 21d ago | Insider Cluster | $541.62 $543.40 | ▼ −0.33% | ▼ −0.47% | $592.84 (−9.46%) |
Oct 2, 2026 24d ago | Insider Cluster | $536.40 $550.10 | ▲ +2.55% | ▲ +2.13% | $592.84 (+10.52%) |
US Market Status
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