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UnitedHealth (UNH) director Paul Garcia receives quarterly stock and deferred unit awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GARCIA PAUL R reported acquisition or exercise transactions in this Form 4 filing.

UnitedHealth Group director Paul R. Garcia reported routine equity awards and updated his indirect holdings. On July 1, 2026, he received 88 shares of common stock and 132 deferred stock units as regular quarterly compensation for board service, both at a stated price of $0.00 per share.

After these awards, Garcia directly holds 3,906 shares following the 88-share grant and 3,818 shares following the 132-unit grant, and also reports indirect holdings of 55 shares in Trust 3, 45 shares in Trust 2, and 2,146 shares in a revocable trust. The deferred stock units are immediately vested but must be retained until he completes board service.

Positive

  • None.

Negative

  • None.
Insider GARCIA PAUL R
Role null
Type Security Shares Price Value
Grant/Award Common Stock 132 $0.00 --
Grant/Award Common Stock 88 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,818 shares (Direct, null); 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.
Common share grant 88 shares Quarterly director compensation grant at $0.00 per share on July 1, 2026
Deferred stock unit grant 132 units Quarterly director compensation deferred stock units at $0.00 per unit
Direct holdings after grant 3,906 shares Total common stock directly held after 88-share award
Direct holdings after DSU award 3,818 shares Total common stock directly held after 132-unit award entry
Revocable trust holdings 2,146 shares Common stock held indirectly by revocable trust
Trust 3 holdings 55 shares Common stock held indirectly by Trust 3
Trust 2 holdings 45 shares Common stock held indirectly by Trust 2
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.
immediately vested financial
"Deferred stock units are immediately vested, but must be retained by the director"
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
"direct_or_indirect: I, ownership_type: indirect"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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FAQ

What did Paul R. Garcia receive in this UnitedHealth (UNH) Form 4 filing?

Paul R. Garcia received equity awards consisting of 88 common shares and 132 deferred stock units as regular quarterly compensation for serving as a director, with a stated price of $0.00 per share for both grants.

Are the UnitedHealth (UNH) equity awards to Paul R. Garcia part of his regular compensation?

Yes, both the deferred stock units and common shares are described as regular quarterly compensation for Garcia’s service as a UnitedHealth Group director, indicating they are routine board compensation rather than discretionary market purchases or sales.

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

Following the July 1, 2026 awards, the filing shows Garcia with 3,906 shares after the 88-share grant and 3,818 shares after the 132-unit grant, reflecting his updated direct ownership positions reported for UnitedHealth common stock.

What indirect UnitedHealth (UNH) holdings does Paul R. Garcia report?

Garcia reports indirect holdings of 55 shares held by Trust 3, 45 shares held by Trust 2, and 2,146 shares held by a revocable trust. These are listed as indirect ownership positions in UnitedHealth common stock.

What restrictions apply to Paul R. Garcia’s UnitedHealth deferred stock units?

The deferred stock units are immediately vested but must be retained until completion of board service. This means Garcia cannot take delivery of the underlying UnitedHealth shares until he finishes serving on the company’s board.

Does this UnitedHealth (UNH) Form 4 show any stock sales by Paul R. Garcia?

The filing does not report any stock sales. It shows two acquisition transactions coded as grants or awards and several entries updating indirect holdings, with no transactions flagged as open-market purchases or sales.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026A132(1)A$03,818D
Common Stock07/01/2026A88(2)A$03,906D
Common Stock2,146IBy Revocable Trust
Common Stock45IBy Trust 2
Common Stock55IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. Garcia07/06/2026
** Signature of Reporting PersonDate
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)