BENKOWITZ MICHAEL (PRESIDENT AND COO) sold 22.50K shares of UNITED THERAPEUTICS CORP on the open market
Open‑market sale worth $10.17M. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 11/12/2025ACC: 0001673232-25-000011
Officer· PRESIDENT AND COO
Since Mar 2023
-51.75K
Net shares
Net seller
$12.15M
Total sold
2
Open market trades
0B · 2S
6
Total transactions
7.88K acquired · 59.63K disposed
Non-Derivative Transactions4
Common Stock
Indirect
Shares
−14.63K
Price / share
$135.42
Trade value
$1.98M
% of position
50.0%
11/10/2025
29.25K→14.63K
Common Stock
Indirect
Shares
−14.63K
Price / share
$452.09
Trade value
$6.61M
% of position
New position
11/10/2025
14.63K→0.00
Common Stock
Indirect
Shares
+7.88K
Price / share
$146.03
Trade value
$1.15M
% of position
New position
11/10/2025
0.00→7.88K
Common Stock
Indirect
Shares
−7.88K
Price / share
$452.04
Trade value
$3.56M
% of position
New position
11/10/2025
7.88K→0.00
Total
Net shares
−29.25K
Net value
-$11M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 11/10/2025 | M · Option Exercise | −14.63K | $135.42 | $1.98M | 50.0% | 29.25K | 14.63K |
| Common Stock Indirect | 11/10/2025 | S · Sale | −14.63K | $452.09 | $6.61M | New position | 14.63K | 0.00 |
| Common Stock Indirect | 11/10/2025 | M · Option Exercise | +7.88K | $146.03 | $1.15M | New position | 0.00 | 7.88K |
| Common Stock Indirect | 11/10/2025 | S · Sale | −7.88K | $452.04 | $3.56M | New position | 7.88K | 0.00 |
| Total | −29.25K | -$11M | ||||||
Derivative Transactions2
Stock Options
Indirect
Converts to
Common Stock
14.63K shares
Shares
−14.63K
Strike price
135.42
Held after
26.63K
Exercisable
—
11/10/2025
Stock Options
Indirect
Converts to
Common Stock
7.88K shares
Shares
−7.88K
Strike price
146.03
Held after
2.63K
Exercisable
—
11/10/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options Indirect | Common Stock14.63K shares | 11/10/2025 | M · Option Exercise | −14.63K | 135.42 | — | 26.63K |
| Stock Options Indirect | Common Stock7.88K shares | 11/10/2025 | M · Option Exercise | −7.88K | 146.03 | — | 2.63K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
DirectShares owned2.65K
Total
2.65K direct2.65K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 2.65K | Direct |
| Total | 2.65K | 2.65K direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported