Insider Trading March 27, 2026

United Therapeutics CFO Disposes $5.36M in Stock as Company Advances Clinical and Capital Plans

Edgemond James sells nearly 10,000 shares and exercises options the same day; company unveils $2B buyback and positive phase 3 TETON-2 results

By Derek Hwang UTHR
United Therapeutics CFO Disposes $5.36M in Stock as Company Advances Clinical and Capital Plans
UTHR

United Therapeutics Chief Financial Officer and Treasurer Edgemond James sold $5.36 million of company stock on March 26, 2026, while exercising stock options for 10,000 shares the same day. The trades were executed under a Rule 10b5-1 plan. The company has also announced a $2 billion repurchase program and reported that its phase 3 TETON-2 study of nebulized Tyvaso met its primary endpoint.

Key Points

  • Edgemond James sold 9,990 shares for $5.36 million on March 26, 2026, at prices between $532.0242 and $540.0438.
  • James exercised options for 10,000 shares at $135.42 on the same day, valued at $1,354,199; transactions were under a Rule 10b5-1 plan dated October 31, 2025.
  • United Therapeutics launched a $2 billion repurchase program and reported phase 3 TETON-2 results showing statistically significant improvement in lung function versus placebo.

Edgemond James, who serves as Chief Financial Officer and Treasurer of United Therapeutics (NASDAQ: UTHR), executed a block of share sales totaling $5.36 million on March 26, 2026. The disposition involved 9,990 shares of common stock sold at prices ranging from $532.0242 to $540.0438 per share.

On the same day Mr. James exercised stock options for 10,000 shares of United Therapeutics, doing so at an exercise price of $135.42. The exercise represented a total value of $1,354,199.

Both the stock sales and the option exercise were carried out pursuant to a Rule 10b5-1 trading plan that James established on October 31, 2025. After these transactions, he directly holds 18,876 shares of United Therapeutics common stock.

The sales occurred while United Therapeutics shares were trading near their 52-week high of $549.50, after a one-year gain of 73%, according to InvestingPro data. InvestingPro’s Fair Value analysis indicates the stock is slightly overvalued at the levels where the trades were executed.


Company developments and clinical news

In parallel with the insider transactions, United Therapeutics disclosed a $2.0 billion stock repurchase program. The company initiated the program with accelerated share repurchase agreements totaling $1.5 billion with Citibank, and it retains the option to repurchase an additional $500 million in shares at its discretion over the next year.

United Therapeutics also released results from its phase 3 TETON-2 clinical study, which evaluated nebulized Tyvaso in patients with idiopathic pulmonary fibrosis. The TETON-2 trial met its primary endpoint, showing a statistically significant improvement in lung function relative to placebo.

Following the clinical and capital-market developments, Cantor Fitzgerald revised its price target for United Therapeutics to $625 and maintained an Overweight rating, citing favorable expectations tied to the company’s TETON-1 trial. TD Cowen reiterated a Buy rating and set a $575 price target, expressing confidence in the company’s strategic direction.


Context for investors

The insider sale and option exercise were conducted via a pre-established 10b5-1 plan, and the company-level announcements highlight both capital return activity and clinical progress. The combination of insider transactions, a substantial repurchase program, and positive phase 3 data contributes to an active near-term profile for United Therapeutics stock.

Investors seeking more detailed breakdowns of executive transactions and additional InvestingPro analysis may consult the platform for expanded coverage and proprietary valuation commentary.

Risks

  • The stock was trading near its 52-week high of $549.50 and InvestingPro’s Fair Value analysis indicates the shares are slightly overvalued at these levels - market risk for equity investors.
  • Insider sales occurred under a 10b5-1 plan, which may limit immediate interpretive value for investors assessing management confidence - governance and signaling uncertainty.
  • Repurchase program timing and magnitude are at the company’s discretion, leaving uncertainty around capital allocation execution and market impact over the next year - corporate finance execution risk.

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