Senior insider sale

PRESIDENT AND COO at UNITED THERAPEUTICS CORP — senior position signals high conviction

$180.63M

382.50K shares

What this filing means

BENKOWITZ MICHAEL plans to sell 382.50K shares of UNITED THERAPEUTICS CORP valued at approximately $180.63M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.

BENKOWITZ MICHAEL

Filed: 1/5/2026ACC: 0001950047-26-000130

InsiderBENKOWITZ MICHAELCIK 1673232

→

IssuerUNITED THERAPEUTICS CORPCIK 1082554

Officer· PRESIDENT AND COO

Since Mar 2023

382.50K

Shares to sell

$180.63M

Approx. market value

90K

Acquired (3 months)

Planned

26 completed

Securities Acquired — Last 3 Months1

Sort

Exercise of Stock Options

Cash

1/5/2026

90K

Total acquired90K

Acquisition Date	Type	Amount Acquired	Gift
1/5/2026	Exercise of Stock Options Cash	90K	—
Total		90K

Planned & Completed Dispositions27

Sort

Completed

—Completed

Units to sell

14.63K

Market value

$7.35M

12/29/2025

—Completed

Units to sell

7.88K

Market value

$3.96M

12/29/2025

—Completed

Units to sell

14.63K

Market value

$7.52M

12/22/2025

—Completed

Units to sell

7.88K

Market value

$4.05M

12/22/2025

—Completed

Units to sell

14.63K

Market value

$7.26M

12/15/2025

—Completed

Units to sell

7.88K

Market value

$3.91M

12/15/2025

—Completed

Units to sell

14.63K

Market value

$7.00M

12/8/2025

—Completed

Units to sell

7.88K

Market value

$3.77M

12/8/2025

—Completed

Units to sell

7.88K

Market value

$3.78M

12/1/2025

—Completed

Units to sell

14.63K

Market value

$7.02M

12/1/2025

—Completed

Units to sell

14.63K

Market value

$6.93M

11/24/2025

—Completed

Units to sell

7.88K

Market value

$3.73M

11/24/2025

—Completed

Units to sell

7.88K

Market value

$3.70M

11/17/2025

—Completed

Units to sell

14.63K

Market value

$6.88M

11/17/2025

—Completed

Units to sell

7.88K

Market value

$3.56M

11/10/2025

—Completed

Units to sell

14.63K

Market value

$6.61M

11/10/2025

—Completed

Units to sell

7.88K

Market value

$3.43M

11/3/2025

—Completed

Units to sell

14.63K

Market value

$6.37M

11/3/2025

—Completed

Units to sell

14.63K

Market value

$6.11M

10/27/2025

—Completed

Units to sell

7.88K

Market value

$3.29M

10/27/2025

—Completed

Units to sell

7.88K

Market value

$3.37M

10/20/2025

—Completed

Units to sell

14.63K

Market value

$6.25M

10/20/2025

—Completed

Units to sell

14.63K

Market value

$6.44M

10/13/2025

—Completed

Units to sell

7.88K

Market value

$3.47M

10/13/2025

—Completed

Units to sell

14.63K

Market value

$6.61M

10/6/2025

—Completed

Units to sell

7.88K

Market value

$3.56M

10/6/2025

Planned — Approximate Date

NASDAQPlanned

Units to sell

90K

Market value

$44.70M

1/5/2026

Total

Units

382.50K

Value

$180.63M

Date	Units to Sell	Approx. Market Value	Exchange	Status
Completed
12/29/2025	14.63K	$7.35M	—	Completed
12/29/2025	7.88K	$3.96M	—	Completed
12/22/2025	14.63K	$7.52M	—	Completed
12/22/2025	7.88K	$4.05M	—	Completed
12/15/2025	14.63K	$7.26M	—	Completed
12/15/2025	7.88K	$3.91M	—	Completed
12/8/2025	14.63K	$7.00M	—	Completed
12/8/2025	7.88K	$3.77M	—	Completed
12/1/2025	7.88K	$3.78M	—	Completed
12/1/2025	14.63K	$7.02M	—	Completed
11/24/2025	14.63K	$6.93M	—	Completed
11/24/2025	7.88K	$3.73M	—	Completed
11/17/2025	7.88K	$3.70M	—	Completed
11/17/2025	14.63K	$6.88M	—	Completed
11/10/2025	7.88K	$3.56M	—	Completed
11/10/2025	14.63K	$6.61M	—	Completed
11/3/2025	7.88K	$3.43M	—	Completed
11/3/2025	14.63K	$6.37M	—	Completed
10/27/2025	14.63K	$6.11M	—	Completed
10/27/2025	7.88K	$3.29M	—	Completed
10/20/2025	7.88K	$3.37M	—	Completed
10/20/2025	14.63K	$6.25M	—	Completed
10/13/2025	14.63K	$6.44M	—	Completed
10/13/2025	7.88K	$3.47M	—	Completed
10/6/2025	14.63K	$6.61M	—	Completed
10/6/2025	7.88K	$3.56M	—	Completed
Planned — Approximate Date
1/5/2026	90K	$44.70M	NASDAQ	Planned
Total	382.50K	$180.63M