UnitedHealth CEO Patrick Conway Receives 91 RSU Dividend-Equivalent Shares

What Happened Patrick H. Conway, CEO of UnitedHealth Group (UNH), was credited with 91.029 shares on 2026-09-22 as an award (transaction code A). The Form 4 reports these shares were acquired at $0.00 (reported value $0) and are described as dividend equivalents tied to outstanding restricted stock units (RSUs).

Key Details

• Transaction date: 2026-09-22; Form 4 filed 2026-09-24 (appears timely).
• Transaction type: Award (code A) of 91.029 shares acquired at $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Dividend equivalents paid on outstanding RSUs; they follow the same terms as the underlying RSUs and are forfeited if those units do not vest.

Context This was not a purchase or sale but dividend-equivalent shares credited on RSUs — a routine compensation-related issuance. Dividend equivalents mirror cash dividends but are paid in stock and remain subject to the RSU vesting and forfeiture provisions, so they do not necessarily signal a change in insider sentiment.