Benkowitz Michael's Form 4 filing
United Therapeutics CorpUTHR · filed Nov 8, 2024
- Accession no.
- 0001415889-24-026444
- Filed
- Nov 8, 2024
- Trade date
- Nov 6-7, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 25 non-derivative transactions and 5 derivative transactions. Open-market sales total $9.97M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Benkowitz MichaelCIK 0001673232 | Officer (PRESIDENT AND COO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 6, 2024 | Common Stock | MOption exerciseAcquired | +4,500 | $120.26 | +$541,170 | 4,500 | Indirect | |
| Nov 6, 2024 | Common Stock | MOption exerciseAcquired | +3,000 | $102.11 | +$306,330 | 7,500 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −800 | $391.70F3 | −$313,360 | 6,700 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −1,592 | $392.77F4 | −$625,289.84 | 5,108 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −1,507 | $393.94F5 | −$593,667.58 | 3,601 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −204 | $395.28F6 | −$80,637.12 | 3,397 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −1,100 | $396.16F7 | −$435,776 | 2,297 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −972 | $397.16F8 | −$386,039.52 | 1,325 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −1,025 | $397.99F9 | −$407,939.75 | 300 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −300 | $398.90F10 | −$119,670 | 0 | Indirect | |
| Nov 6, 2024 | Common Stock | MOption exerciseAcquired | +2,500 | $111.00 | +$277,500 | 2,500 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −777 | $392.36F12 | −$304,863.72 | 1,723 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −300 | $393.42F13 | −$118,026 | 1,423 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −300 | $394.25F14 | −$118,275 | 1,123 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −530 | $396.55F15 | −$210,171.5 | 593 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −493 | $397.60F16 | −$196,016.8 | 100 | Indirect | |
| Nov 6, 2024 | Common Stock | SSaleDisposed | −100 | $398.62 | −$39,862 | 0 | Indirect | |
| Nov 7, 2024 | Common Stock | MOption exerciseAcquired | +11,250 | $102.11 | +$1,148,737.5 | 11,250 | Indirect | |
| Nov 7, 2024 | Common Stock | SSaleDisposed | −2,304 | $400.39F17 | −$922,498.56 | 8,946 | Indirect | |
| Nov 7, 2024 | Common Stock | SSaleDisposed | −5,702 | $401.55F18 | −$2,289,638.1 | 3,244 | Indirect | |
| Nov 7, 2024 | Common Stock | SSaleDisposed | −2,640 | $402.40F19 | −$1,062,336 | 604 | Indirect | |
| Nov 7, 2024 | Common Stock | SSaleDisposed | −604 | $403.14F20 | −$243,496.56 | 0 | Indirect | |
| Nov 7, 2024 | Common Stock | MOption exerciseAcquired | +3,750 | $111.00 | +$416,250 | 3,750 | Indirect | |
| Nov 7, 2024 | Common Stock | SSaleDisposed | −1,895 | $400.30F21 | −$758,568.5 | 1,855 | Indirect | |
| Nov 7, 2024 | Common Stock | SSaleDisposed | −1,855 | $401.65F22 | −$745,060.75 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 6, 2024 | Common Stock | MOption exerciseDisposed | −4,500 | $0.00 | $0 | 0 | Indirect | |
| Nov 6, 2024 | Common Stock | MOption exerciseDisposed | −3,000 | $0.00 | $0 | 49,500 | Indirect | |
| Nov 6, 2024 | Common Stock | MOption exerciseDisposed | −2,500 | $0.00 | $0 | 49,500 | Indirect | |
| Nov 7, 2024 | Common Stock | MOption exerciseDisposed | −11,250 | $0.00 | $0 | 38,250 | Indirect | |
| Nov 7, 2024 | Common Stock | MOption exerciseDisposed | −3,750 | $0.00 | $0 | 45,750 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
This transaction was executed in multiple trades at prices ranging from $391.23 to $392.07. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $392.42 to $393.25. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $393.48 to $394.44. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $394.53 to $395.49. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F7
This transaction was executed in multiple trades at prices ranging from $395.58 to $396.56. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F8
This transaction was executed in multiple trades at prices ranging from $396.59 to $397.57. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F9
This transaction was executed in multiple trades at prices ranging from $397.67 to $398.42. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F10
This transaction was executed in multiple trades at prices ranging from $398.80 to $399.01. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F12
This transaction was executed in multiple trades at prices ranging from $391.81 to $392.79. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F13
This transaction was executed in multiple trades at prices ranging from $393.17 to $393.82. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F14
This transaction was executed in multiple trades at prices ranging from $394.19 to $394.31. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F15
This transaction was executed in multiple trades at prices ranging from $395.94 to $396.93. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F16
This transaction was executed in multiple trades at prices ranging from $397.15 to $398.13. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F17
This transaction was executed in multiple trades at prices ranging from $400.00 to $400.99. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F18
This transaction was executed in multiple trades at prices ranging from $401.01 to $401.955. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F19
This transaction was executed in multiple trades at prices ranging from $402.01 to $403.00. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F20
This transaction was executed in multiple trades at prices ranging from $403.13 to $403.35. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F21
This transaction was executed in multiple trades at prices ranging from $400.00 to $400.8. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F22
This transaction was executed in multiple trades at prices ranging from $401.41 to $402.01. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.