DeVeydt Wayne S 4

What Happened

• Wayne S. DeVeydt, Chief Financial Officer of UnitedHealth Group (UNH), was credited with 111.76 shares on 2026-06-23. The Form 4 reports this as an award/acquisition (code A) at $0.00, reflecting dividend equivalents paid on outstanding restricted stock units (RSUs), not an open-market purchase or cash investment.

Key Details

• Transaction date: 2026-06-23; filing date: 2026-06-25 (timely filed).
• Shares acquired: 111.76 shares; reported price per share: $0.00; total reported value: $0.
• Shares owned after the transaction: not provided in the excerpt of the filing.
• Footnote: These are dividend equivalents on outstanding RSUs and are subject to the same vesting/forfeiture terms as the underlying RSUs (forfeited if the RSUs do not vest).
• Transaction type: Award/dividend-equivalent credit (not a purchase or sale).

Context

• Dividend equivalents are common: they mirror dividends on the underlying RSUs and are typically credited to the holder’s account rather than bought on the open market. Because they follow RSU vesting rules, they may be forfeited if the underlying awards don’t vest. This type of transaction is routine and does not necessarily signal a change in insider sentiment.