Rothblatt sells 9,500 shares at $530.91 avg for $5.0M under pre-arranged 10b5-1 plan; retains 324.4K shares post-transaction
Martine A Rothblatt, Chairperson & CEO of United Therapeutics, executed 10 separate sales totaling 9,500 shares for $5,043,688.79 on 2026-07-16 under a pre-arranged 10b5-1 trading plan adopted 2025-11-07. The blended average price was $530.91, slightly below the current price of $535.67, representing a -2.8% reduction in her non-derivative holdings (from 333.9K to 324.4K shares). This is part of a scheduled divestment program, not a discretionary trade driven by market conditions. Her derivative holdings include 331,910 shares in stock options, meaning her total economic position extends well beyond the reported non-derivative stake.