BENKOWITZ MICHAEL

PrivateCIK: 1673232
Location

SILVER SPRING, MD

BENKOWITZ MICHAEL (PRESIDENT AND COO) sold 22.50K shares of UNITED THERAPEUTICS CORP on the open market

Open‑market sale worth $11.17M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 20 sales
InsiderBENKOWITZ MICHAELCIK 1673232
IssuerUNITED THERAPEUTICS CORPCIK 1082554
Officer· PRESIDENT AND COO
Since Mar 2023
-22.50K
Net shares
Net seller
$11.17M
Total sold
20
Open market trades
0B · 20S
24
Total transactions
22.50K acquired · 45K disposed
Non-Derivative Transactions22

Common Stock

Indirect
M · Option Exercise

Shares

+14.63K

Price / share

$117.76

Trade value

$1.72M

% of position

New position
12/15/2025
0.0014.63K

Common Stock

Indirect
S · Sale

Shares

260.00

Price / share

$491.18

Trade value

$127.71K

% of position

1.8%
12/15/2025
14.63K14.37K

Common Stock

Indirect
S · Sale

Shares

1.47K

Price / share

$492.31

Trade value

$721.73K

% of position

10.2%
12/15/2025
14.37K12.90K

Common Stock

Indirect
S · Sale

Shares

2.60K

Price / share

$493.25

Trade value

$1.28M

% of position

20.1%
12/15/2025
12.90K10.30K

Common Stock

Indirect
S · Sale

Shares

1.45K

Price / share

$494.13

Trade value

$714.52K

% of position

14.0%
12/15/2025
10.30K8.86K

Common Stock

Indirect
S · Sale

Shares

1.44K

Price / share

$495.29

Trade value

$714.21K

% of position

19.2%
12/15/2025
7.52K6.08K

Common Stock

Indirect
S · Sale

Shares

1.34K

Price / share

$496.16

Trade value

$664.36K

% of position

15.1%
12/15/2025
8.86K7.52K

Common Stock

Indirect
S · Sale

Shares

520.00

Price / share

$497.42

Trade value

$258.66K

% of position

8.6%
12/15/2025
6.08K5.56K

Common Stock

Indirect
S · Sale

Shares

1.22K

Price / share

$498.22

Trade value

$608.83K

% of position

22.0%
12/15/2025
5.56K4.33K

Common Stock

Indirect
S · Sale

Shares

598.00

Price / share

$499.57

Trade value

$298.75K

% of position

13.8%
12/15/2025
4.33K3.74K

Common Stock

Indirect
S · Sale

Shares

3.74K

Price / share

$500.31

Trade value

$1.87M

% of position

New position
12/15/2025
3.74K0.00

Common Stock

Indirect
M · Option Exercise

Shares

+7.88K

Price / share

$478.58

Trade value

$3.77M

% of position

New position
12/15/2025
0.007.88K

Common Stock

Indirect
S · Sale

Shares

140.00

Price / share

$491.18

Trade value

$68.77K

% of position

1.8%
12/15/2025
7.88K7.74K

Common Stock

Indirect
S · Sale

Shares

789.00

Price / share

$492.31

Trade value

$388.44K

% of position

10.2%
12/15/2025
7.74K6.95K

Common Stock

Indirect
S · Sale

Shares

1.40K

Price / share

$493.25

Trade value

$689.56K

% of position

20.1%
12/15/2025
6.95K5.55K

Common Stock

Indirect
S · Sale

Shares

779.00

Price / share

$494.13

Trade value

$384.93K

% of position

14.0%
12/15/2025
5.55K4.77K

Common Stock

Indirect
S · Sale

Shares

777.00

Price / share

$495.29

Trade value

$384.84K

% of position

16.3%
12/15/2025
4.77K3.99K

Common Stock

Indirect
S · Sale

Shares

720.00

Price / share

$496.16

Trade value

$357.24K

% of position

18.0%
12/15/2025
3.99K3.27K

Common Stock

Indirect
S · Sale

Shares

280.00

Price / share

$497.42

Trade value

$139.28K

% of position

8.6%
12/15/2025
3.27K2.99K

Common Stock

Indirect
S · Sale

Shares

658.00

Price / share

$498.22

Trade value

$327.83K

% of position

22.0%
12/15/2025
2.99K2.33K

Common Stock

Indirect
S · Sale

Shares

322.00

Price / share

$499.57

Trade value

$160.86K

% of position

13.8%
12/15/2025
2.33K2.01K

Common Stock

Indirect
S · Sale

Shares

2.01K

Price / share

$500.31

Trade value

$1.01M

% of position

New position
12/15/2025
2.01K0.00
Total

Net shares

+0.00

Net value

-$5.68M

Derivative Transactions2

Stock Options

Indirect
M · Option Exercise
Converts to

Common Stock

14.63K shares

Shares

14.63K

Strike price

117.76

Held after

141K

Exercisable

12/15/2025

Stock Options

Indirect
M · Option Exercise
Converts to

Common Stock

7.88K shares

Shares

7.88K

Strike price

146.03

Held after

6.19K

Exercisable

12/15/2025
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Direct
Shares owned2.65K
Total
2.65K direct2.65K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
BENKOWITZ MICHAEL — Insider Transaction (Form 4) Filed Dec 16, 2025 | Finecho