[Form 4] UNITED THERAPEUTICS Corp Insider Trading Activity
Rhea-AI Filing Summary
United Therapeutics (UTHR) disclosed an insider update: a director filed a Form 4 noting a transfer of 225 shares of common stock on 09/09/2024 from a jointly held account to an account in which he has no beneficial interest. The entry shows Transaction Code G at a reported price of $0.00.
The filing states the transfer was done without the reporting person’s knowledge and was discovered recently, which caused subsequent Forms 4 to overstate his beneficial holdings. Following the correction, the director reports 4,640 shares held directly.
Positive
- None.
Negative
- None.
Insights
Routine insider correction; no cash consideration reported.
This Form 4 records a 225-share transfer on 09/09/2024 coded G, with a reported price of $0.00. Code G typically denotes a bona fide gift or similar transfer without consideration. The filer indicates the transfer was discovered recently and that later Forms 4 had overstated holdings.
Post-update, the director lists 4,640 shares held directly. There is no issuer cash flow in this entry and no change to company operations is implied. The impact is administrative; actual market effects depend on whether any future transactions are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 225 | $0.00 | -- |
Footnotes (1)
- This Form 4 reports the transfer of 225 shares of common stock on September 9, 2024, from an account jointly held by the reporting person and his son, to an account in which the reporting person has no beneficial interest. This transfer was done without the knowledge of the reporting person, and was discovered recently. As a result of this omission, the amounts of securities beneficially owned reported in subsequent Forms 4 by the reporting person were overstated. Total reported as of the date of filing, and takes into account transactions that have occurred following the date of the original transaction reported on this Form 4.