UnitedHealth Group (NYSE: UNH) director granted 350 deferred stock units as Board pay

Rhea-AI Filing Summary

FLYNN TIMOTHY PATRICK reported acquisition or exercise transactions in this Form 4 filing.

UnitedHealth Group director Timothy Patrick Flynn received a grant of 350 shares of Common Stock-equivalent deferred stock units on April 1 as regular quarterly compensation for Board service. These deferred stock units are immediately vested but must be retained until he completes his service on the Board.

Following this grant, Flynn directly holds 10,589 shares of UnitedHealth Group common stock. In addition, an indirect holding entry reflects 6,033 shares held by a trust, indicating a separate ownership structure for part of his overall position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider FLYNN TIMOTHY PATRICK

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	350	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 10,589 shares (Direct); Common Stock — 6,033 shares (Indirect, By Trust)

Footnotes (1)

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Key Figures

Deferred stock unit grant: 350 shares Direct holdings after grant: 10,589 shares Indirect trust holdings: 6,033 shares +1 more

4 metrics

Deferred stock unit grant 350 shares Quarterly director compensation granted on April 1, 2026

Direct holdings after grant 10,589 shares UnitedHealth Group common stock held directly by Timothy Flynn

Indirect trust holdings 6,033 shares UnitedHealth Group common stock held indirectly by trust

Grant price per unit $0.0000 per share Non-cash director compensation grant

Key Terms

deferred stock units, immediately vested, indirect, By Trust

4 terms

deferred stock units financial

"Represents deferred stock units that are granted as regular quarterly compensation"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

immediately vested financial

"Deferred stock units are immediately vested, but must be retained"

indirect financial

"total_shares_following_transaction": "6033.0000", "direct_or_indirect": "I""

By Trust financial

""direct_or_indirect": "I", "nature_of_ownership": "By Trust""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FLYNN TIMOTHY PATRICK

(Last) (First) (Middle)

C/O UNITEDHEALTH GROUP INCORPORATED

1 HEALTH DRIVE

(Street)

EDEN PRAIRIE MINNESOTA 55344

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNITEDHEALTH GROUP INC [ UNH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		350(1)	A	$0	10,589	D
Common Stock								6,033	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents deferred stock units that are granted as regular quarterly compensation for service as a director of UnitedHealth Group. Deferred stock units are immediately vested, but must be retained by the director until the director's completion of service on the Board.

Remarks:

	Faraz A. Choudhry, Attorney-in-Fact for Timothy P. Flynn	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did UNH director Timothy Patrick Flynn report in this Form 4 filing?

Timothy Patrick Flynn reported receiving 350 deferred stock units as regular quarterly compensation for serving as a director. These units are immediately vested but must be held until his Board service ends, reflecting routine non-cash equity compensation rather than an open-market stock purchase.

How many UnitedHealth Group (UNH) shares does Timothy Flynn hold after this transaction?

After the grant, Timothy Flynn holds 10,589 UnitedHealth Group common shares directly. A separate holding entry shows 6,033 shares held indirectly by a trust, indicating his overall economic exposure combines both direct ownership and trust-held shares reported in this Form 4.

What are deferred stock units in the context of UNH director compensation?

Deferred stock units are stock-based awards that track UnitedHealth Group share value but are typically settled later. For Flynn, they are granted as regular quarterly Board compensation, vest immediately, and must be retained until he completes his service on the Board of Directors.

Was Timothy Flynn’s April 1 UNH equity award an open-market stock purchase?

No. The filing shows a grant coded as an acquisition (A) with a price of $0.0000 per share, indicating compensation rather than an open-market buy. It represents a director fee paid in deferred stock units instead of a cash or market transaction.

How is the trust ownership of UNH shares reported for Timothy Flynn?

The Form 4 includes an indirect holding entry for 6,033 UnitedHealth Group shares noted as “By Trust.” This indicates those shares are held through a trust structure, separate from his 10,589 directly held shares, and are reported as indirect beneficial ownership.