UnitedHealth (NYSE: UNH) director adds 292 dividend-equivalent shares to holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITEDHEALTH GROUP INC director Michele J. Hooper received 292 shares of common stock as dividend equivalents on vested deferred stock units. These dividend equivalents are immediately vested and follow the same terms as the underlying deferred stock units, meaning they function as routine, compensation-related accruals rather than an open-market purchase. After this acquisition, Hooper directly holds a total of 41,586 shares of UnitedHealth Group common stock, indicating this is a small, incremental increase to an existing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOOPER MICHELE J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 292 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,586 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Michele J. Hooper report for UNITEDHEALTH GROUP INC (UNH)?
Director Michele J. Hooper reported acquiring 292 shares of UnitedHealth Group common stock. These were dividend equivalents on vested deferred stock units, granted at no cost as part of her compensation program rather than through an open-market purchase.
Was the UNH Form 4 transaction by Michele J. Hooper an open-market stock purchase?
No, the transaction was not an open-market purchase. Hooper received 292 shares as dividend equivalents on vested deferred stock units, which are immediately vested and subject to the same terms as the underlying deferred stock units, reflecting routine compensation.
What does “dividend equivalents on vested deferred stock units” mean for UNH director compensation?
Dividend equivalents mirror cash dividends but are credited in shares on deferred stock units. For Hooper, 292 dividend-equivalent shares were added, immediately vested, and governed by the same terms as her underlying vested deferred stock units, reinforcing equity-based director compensation.
Does the Michele J. Hooper Form 4 for UNH indicate any stock sales or dispositions?
The Form 4 shows no stock sales or dispositions. It reports only an acquisition of 292 common shares classified as a grant or award, arising from dividend equivalents on vested deferred stock units, leaving her post-transaction holdings at 41,586 shares.