UnitedHealth (NYSE: UNH) director Paul Garcia receives quarterly stock awards

Rhea-AI Filing Summary

UnitedHealth Group director Paul R. Garcia reported routine equity compensation awards. On April 1, 2026, he acquired 206 deferred stock units and 137 shares of common stock as regular quarterly compensation for Board service. The deferred stock units are immediately vested but must be held until he completes Board service.

After these awards, Garcia directly holds 3,673 shares of UnitedHealth Group common stock. He also has indirect holdings through trusts, including 2,146 shares by a revocable trust, 45 shares by Trust 2, and 55 shares by Trust 3, reflecting additional beneficial interests reported in this filing.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider GARCIA PAUL R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	206	$0.00	--
Grant/Award	Common Stock	137	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,536 shares (Direct); Common Stock — 2,146 shares (Indirect, By Revocable Trust)

Footnotes (1)

1. Represents deferred stock units that are granted as regular quarterly compensation for service as a director of UnitedHealth Group. Deferred stock units are immediately vested, but must be retained by the director until the director's completion of service on the Board. Represents shares of common stock that are granted as regular quarterly compensation for service as a director of UnitedHealth Group.

Key Figures

Deferred stock units granted: 206 units Common shares granted: 137 shares Direct holdings after grants: 3,673 shares +3 more

6 metrics

Deferred stock units granted 206 units Granted as regular quarterly director compensation on April 1, 2026

Common shares granted 137 shares Regular quarterly compensation for Board service

Direct holdings after grants 3,673 shares UnitedHealth Group common stock held directly by Garcia

Revocable trust holdings 2,146 shares Indirect ownership by revocable trust

Trust 2 holdings 45 shares Indirect ownership by Trust 2

Trust 3 holdings 55 shares Indirect ownership by Trust 3

Key Terms

deferred stock units, revocable trust, indirect ownership, quarterly compensation

4 terms

deferred stock units financial

"Represents deferred stock units that are granted as regular quarterly compensation"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

revocable trust financial

"nature_of_ownership: By Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

indirect ownership financial

"ownership_type: indirect, nature_of_ownership: By Trust 2"

quarterly compensation financial

"granted as regular quarterly compensation for service as a director"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GARCIA PAUL R

(Last) (First) (Middle)

C/O UNITEDHEALTH GROUP INCORPORATED

1 HEALTH DRIVE

(Street)

EDEN PRAIRIE MINNESOTA 55344

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNITEDHEALTH GROUP INC [ UNH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		206(1)	A	$0	3,536	D
Common Stock	04/01/2026		A		137(2)	A	$0	3,673	D
Common Stock								2,146	I	By Revocable Trust
Common Stock								45	I	By Trust 2
Common Stock								55	I	By Trust 3

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents deferred stock units that are granted as regular quarterly compensation for service as a director of UnitedHealth Group. Deferred stock units are immediately vested, but must be retained by the director until the director's completion of service on the Board.

2. Represents shares of common stock that are granted as regular quarterly compensation for service as a director of UnitedHealth Group.

Remarks:

	Faraz A. Choudhry, Attorney-in-Fact for Paul R. Garcia	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Paul R. Garcia report for UNH on April 1, 2026?

Paul R. Garcia reported receiving 206 deferred stock units and 137 shares of common stock in UnitedHealth Group as regular quarterly compensation for his service as a director, according to the Form 4 filing.

Are Paul R. Garcia’s UnitedHealth (UNH) deferred stock units immediately vested?

Yes. The filing states the deferred stock units are immediately vested, but they must be retained until Garcia completes his service on the Board, meaning he cannot take them out before leaving the Board.

How many UnitedHealth (UNH) shares does Paul R. Garcia hold directly after these awards?

Following the reported compensation awards, Paul R. Garcia holds 3,673 shares of UnitedHealth Group common stock directly. This reflects his updated direct ownership position after receiving the quarterly stock and deferred stock unit grants.

What indirect UnitedHealth (UNH) holdings related to Paul R. Garcia are shown?

The Form 4 shows indirect holdings of UnitedHealth Group common stock, including 2,146 shares by a revocable trust, 45 shares by Trust 2, and 55 shares by Trust 3, all reported as indirect ownership interests.

Is the April 1, 2026 UNH Form 4 a stock purchase or compensation grant for Paul R. Garcia?

It is a compensation grant, not an open-market purchase. The Form 4 describes the 206 deferred stock units and 137 common shares as regular quarterly compensation for Garcia’s service as a director of UnitedHealth Group.