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 $11.57M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 14 sales
InsiderBENKOWITZ MICHAELCIK 1673232
IssuerUNITED THERAPEUTICS CORPCIK 1082554
Officer· PRESIDENT AND COO
Since Mar 2023
-51.75K
Net shares
Net seller
$13.30M
Total sold
14
Open market trades
0B · 14S
20
Total transactions
7.88K acquired · 59.63K disposed
Non-Derivative Transactions17

Common Stock

Indirect
M · Option Exercise

Shares

14.63K

Price / share

$117.76

Trade value

$1.72M

% of position

50.0%
12/22/2025
29.25K14.63K

Common Stock

Indirect
S · Sale

Shares

682.00

Price / share

$512.14

Trade value

$349.28K

% of position

4.7%
12/22/2025
14.63K13.94K

Common Stock

Indirect
S · Sale

Shares

848.00

Price / share

$513.40

Trade value

$435.36K

% of position

6.1%
12/22/2025
13.94K13.10K

Common Stock

Indirect
S · Sale

Shares

11.81K

Price / share

$514.31

Trade value

$6.08M

% of position

90.2%
12/22/2025
13.10K1.28K

Common Stock

Indirect
S · Sale

Shares

440.00

Price / share

$515.53

Trade value

$226.83K

% of position

34.4%
12/22/2025
1.28K840.00

Common Stock

Indirect
S · Sale

Shares

560.00

Price / share

$516.37

Trade value

$289.17K

% of position

66.7%
12/22/2025
840.00280.00

Common Stock

Indirect
S · Sale

Shares

200.00

Price / share

$517.74

Trade value

$103.55K

% of position

71.4%
12/22/2025
280.0080.00

Common Stock

Indirect
S · Sale

Shares

80.00

Price / share

$518.91

Trade value

$41.51K

% of position

New position
12/22/2025
80.000.00

Common Stock

Indirect
M · Option Exercise

Shares

+6.19K

Price / share

$146.03

Trade value

$903.93K

% of position

New position
12/22/2025
0.006.19K

Common Stock

Indirect
M · Option Exercise

Shares

+1.69K

Price / share

$146.03

Trade value

$246.06K

% of position

27.2%
12/22/2025
6.19K7.88K

Common Stock

Indirect
S · Sale

Shares

120.00

Price / share

$511.67

Trade value

$61.40K

% of position

1.5%
12/22/2025
7.88K7.75K

Common Stock

Indirect
S · Sale

Shares

360.00

Price / share

$512.57

Trade value

$184.52K

% of position

4.6%
12/22/2025
7.75K7.39K

Common Stock

Indirect
S · Sale

Shares

6.63K

Price / share

$514.28

Trade value

$3.41M

% of position

89.7%
12/22/2025
7.39K760.00

Common Stock

Indirect
S · Sale

Shares

200.00

Price / share

$515.24

Trade value

$103.05K

% of position

26.3%
12/22/2025
760.00560.00

Common Stock

Indirect
S · Sale

Shares

360.00

Price / share

$516.36

Trade value

$185.89K

% of position

64.3%
12/22/2025
560.00200.00

Common Stock

Indirect
S · Sale

Shares

120.00

Price / share

$517.66

Trade value

$62.12K

% of position

60.0%
12/22/2025
200.0080.00

Common Stock

Indirect
S · Sale

Shares

80.00

Price / share

$518.99

Trade value

$41.52K

% of position

New position
12/22/2025
80.000.00
Total

Net shares

29.25K

Net value

-$12.15M

Derivative Transactions3

Stock Options

Indirect
M · Option Exercise
Converts to

Common Stock

6.19K shares

Shares

6.19K

Strike price

146.03

Held after

0.00

Exercisable

12/22/2025

Stock Options

Indirect
M · Option Exercise
Converts to

Common Stock

1.69K shares

Shares

1.69K

Strike price

146.03

Held after

68.06K

Exercisable

12/22/2025

Stock Options

Indirect
M · Option Exercise
Converts to

Common Stock

14.63K shares

Shares

14.63K

Strike price

117.76

Held after

126.38K

Exercisable

12/22/2025
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 29, 2025 | Finecho