UNH (UNH) director Paul R. Garcia reports 13-share dividend-equivalent grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GARCIA PAUL R reported acquisition or exercise transactions in this Form 4 filing.
UNITEDHEALTH GROUP INC director Paul R. Garcia reported a small equity-related compensation change. He received 13 shares of common stock on June 23, 2026 as a grant or award tied to dividend equivalents on vested deferred stock units, bringing his direct holdings to 3,686 shares of common stock.
In addition, he reported indirect holdings of 55 shares held by Trust 3, 45 shares held by Trust 2, and 2,146 shares held by a revocable trust. The new 13-share award is immediately vested and follows the same terms as the underlying deferred stock units, indicating a routine, compensation-related adjustment rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GARCIA PAUL R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,686 shares (Direct);
Common Stock — 2,146 shares (Indirect, By Revocable Trust)
Footnotes (1)
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Key Figures
Awarded shares: 13 shares
Direct holdings after award: 3,686 shares
Revocable trust holdings: 2,146 shares
+2 more
5 metrics
Awarded shares
13 shares
Grant or award acquisition of common stock tied to dividend equivalents on June 23, 2026
Direct holdings after award
3,686 shares
Total UNITEDHEALTH GROUP INC common stock directly held following the 13-share grant
Revocable trust holdings
2,146 shares
Common stock held indirectly by a 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
Key Terms
dividend equivalents, deferred stock units, revocable trust, indirect ownership, +1 more
5 terms
dividend equivalents financial
"Represents dividend equivalents paid on vested deferred stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
deferred stock units financial
"The dividend equivalents are immediately vested and are subject to the same terms as the underlying deferred stock units."
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, ownership_code: I"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did UNH director Paul R. Garcia report?
Director Paul R. Garcia reported receiving 13 shares of UNITEDHEALTH GROUP INC common stock as a grant tied to dividend equivalents on vested deferred stock units. This increased his directly held common stock to 3,686 shares.
Was Paul R. Garcia’s UNH Form 4 transaction a market buy or sell?
The Form 4 shows an acquisition coded as a grant or award, not an open-market purchase or sale. The 13 reported shares represent dividend equivalents on vested deferred stock units and are compensation-related rather than a trading decision.
What are dividend equivalents on vested deferred stock units in the UNH Form 4?
Dividend equivalents are additional units or shares granted to mirror dividends paid on underlying deferred stock units. In this case, 13 dividend-equivalent shares were immediately vested and follow the same terms as the original deferred stock units.
Does the UNH Form 4 suggest a change in Paul R. Garcia’s trading view?
The Form 4 reflects a small, compensation-related grant of 13 dividend-equivalent shares, not an open-market trade. Such routine awards generally reflect plan mechanics rather than a discretionary change in the director’s trading outlook.