BENKOWITZ MICHAEL (PRESIDENT AND COO) sold 22.50K shares of UNITED THERAPEUTICS CORP on the open market
Open‑market sale worth $10.82M. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 2/18/2026ACC: 0001673232-26-000010
Officer· PRESIDENT AND COO
Since Mar 2023
-22.50K
Net shares
Net seller
$10.82M
Total sold
2
Open market trades
0B · 2S
6
Total transactions
22.50K acquired · 45K disposed
Non-Derivative Transactions4
Common Stock
Indirect
Shares
+14.63K
Price / share
$117.76
Trade value
$1.72M
% of position
New position
2/17/2026
0.00→14.63K
Common Stock
Indirect
Shares
−14.63K
Price / share
$480.75
Trade value
$7.03M
% of position
New position
2/17/2026
14.63K→0.00
Common Stock
Indirect
Shares
+7.88K
Price / share
$146.03
Trade value
$1.15M
% of position
New position
2/17/2026
0.00→7.88K
Common Stock
Indirect
Shares
−7.88K
Price / share
$480.75
Trade value
$3.79M
% of position
New position
2/17/2026
7.88K→0.00
Total
Net shares
+0.00
Net value
-$7.94M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 2/17/2026 | M · Option Exercise | +14.63K | $117.76 | $1.72M | New position | 0.00 | 14.63K |
| Common Stock Indirect | 2/17/2026 | S · Sale | −14.63K | $480.75 | $7.03M | New position | 14.63K | 0.00 |
| Common Stock Indirect | 2/17/2026 | M · Option Exercise | +7.88K | $146.03 | $1.15M | New position | 0.00 | 7.88K |
| Common Stock Indirect | 2/17/2026 | S · Sale | −7.88K | $480.75 | $3.79M | New position | 7.88K | 0.00 |
| Total | +0.00 | -$7.94M | ||||||
Derivative Transactions2
Common Stock
Indirect
Converts to
Common Stock
14.63K shares
Shares
−14.63K
Strike price
117.76
Held after
9.38K
Exercisable
—
2/17/2026
Common Stock
Indirect
Converts to
Common Stock
7.88K shares
Shares
−7.88K
Strike price
146.03
Held after
5.07K
Exercisable
—
2/17/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Common Stock Indirect | Common Stock14.63K shares | 2/17/2026 | M · Option Exercise | −14.63K | 117.76 | — | 9.38K |
| Common Stock Indirect | Common Stock7.88K shares | 2/17/2026 | M · Option Exercise | −7.88K | 146.03 | — | 5.07K |
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