Benkowitz Michael's Form 4 filing
United Therapeutics CorpUTHR · filed Oct 7, 2025
- Accession no.
- 0001673232-25-000006
- Filed
- Oct 7, 2025
- Trade date
- Oct 6, 2025
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Checked
This filing lists 12 non-derivative transactions and 2 derivative transactions. Open-market sales total $10.1M. It was filed 1 day 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 |
|---|---|---|---|---|---|---|---|---|
| Oct 6, 2025 | Common Stock | MOption exerciseAcquired | +14,625 | $135.42 | +$1,980,517.5 | 14,625 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −400 | $449.82F3 | −$179,928 | 14,225 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −800 | $450.97F4 | −$360,776 | 13,425 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −11,975 | $452.03F5 | −$5,413,059.25 | 1,450 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −1,250 | $453.16F6 | −$566,450 | 200 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −200 | $253.98 | −$50,796 | 0 | Indirect | |
| Oct 6, 2025 | Common Stock | MOption exerciseAcquired | +7,875 | $146.03 | +$1,149,986.25 | 7,875 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −300 | $450.06F8 | −$135,018 | 7,575 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −500 | $451.01F9 | −$225,505 | 7,075 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −6,625 | $452.04F10 | −$2,994,765 | 450 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −350 | $453.51F11 | −$158,728.5 | 100 | Indirect | |
| Oct 6, 2025 | Common Stock | SSaleDisposed | −100 | $454.81 | −$45,481 | 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 |
|---|---|---|---|---|---|---|---|---|
| Oct 6, 2025 | Common Stock | MOption exerciseDisposed | −14,325 | $0.00 | $0 | 99,750 | Indirect | |
| Oct 6, 2025 | Common Stock | MOption exerciseDisposed | −7,875 | $0.00 | $0 | 17,500 | 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 $449.45 to $450.39. 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 $450.70 to $451.42. 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.
- F5
This transaction was executed in multiple trades at prices ranging from $451.79 to $452.35. 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.
- F6
This transaction was executed in multiple trades at prices ranging from $452.82 to $453.70. 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 $449.58 to $450.39. 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 $450.70 to $451.44. 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.
- F10
This transaction was executed in multiple trades at prices ranging from $451.80 to $452.78. 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.
- F11
This transaction was executed in multiple trades at prices ranging from $453.13 to $454.05. 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.