Martine Rothblatt to sell 209,000 shares (NASDAQ: UTHR)

Rhea-AI Filing Summary

Martine Rothblatt filed a Form 144 notice to sell 209,000 common shares of UTHR on 03/02/2026 via exercise of stock options through Morgan Stanley Smith Barney LLC, with payment in cash. The filing also lists multiple prior open-market dispositions in December 2025, mostly 4,000-share lots and one 2,000 lot.

Insights

Securities Compliance Counsel

Form 144 lists a proposed sale of 209,000 shares by an affiliate via option exercise and prior December 2025 dispositions.

The notice records 209,000 shares to be sold on 03/02/2026 by exercise of stock options with cash payment, routed through Morgan Stanley Smith Barney LLC. The filing meets procedural disclosure for covered securities sales.

Prior reported sales in December 2025 include repeated 4,000-share transactions and one 2,000-share transaction; timing and pricing of earlier sales are shown date-by-date in the excerpt.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	209000	105315100.00	43827686	03/02/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/02/2026	Exercise of Stock Options	Issuer			209000	03/02/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/19/2025	2000	1014140.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/18/2025	4000	2035480.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/17/2025	4000	2004160.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/16/2025	4000	1973840.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/15/2025	4000	1978880.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/12/2025	4000	1962800.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/11/2025	4000	1935880.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/10/2025	4000	1920200.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/09/2025	4000	1913200.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/08/2025	4000	1936920.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/05/2025	4000	1933120.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/04/2025	4000	1920040.00
MARTINE ROTHBLATT 1000 SPRING ST SILVER SPRING MD 20910	Common	12/03/2025	4000	1901080.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the UTHR Form 144 filed by Martine Rothblatt report?

The filing reports a proposed sale of 209,000 common shares of UTHR by exercise of stock options on 03/02/2026. It lists the broker as Morgan Stanley Smith Barney LLC and shows prior December 2025 dispositions.

How were the 209,000 UTHR shares to be sold funded?

The excerpt states the sale on 03/02/2026 is by exercise of stock options with cash as the payment method. No further use-of-proceeds details are provided in the excerpt.

Does the Form 144 show recent prior sales by Martine Rothblatt?

Yes; the filing lists multiple open-market dispositions in December 2025, primarily 4,000-share transactions on several dates and one 2,000-share sale, with individual dollar amounts per trade shown in the excerpt.

Who is the broker handling the proposed UTHR sale in the Form 144?

The broker identified in the excerpt is Morgan Stanley Smith Barney LLC Executive Financial Services, located in New York, which is listed as the intermediary for the proposed transaction on 03/02/2026.