Baker Charles D. 4

What Happened

• Charles D. Baker, a director of UnitedHealth Group (UNH), was granted/acquired 14 shares on 2026-03-17. The Form 4 lists the transaction as an award/acquisition (code A) at $0.00 per share (total reported value $0). This transaction represents dividend equivalents paid on vested deferred stock units and the shares are immediately vested.

Key Details

• Transaction date and filing: Transaction dated 2026-03-17; Form 4 filed 2026-03-19 (appears timely).
• Transaction type/code: Grant/award or other acquisition (A).
• Shares and price: 14 shares @ $0.00 (reported total $0).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: F1 — These 14 shares represent dividend equivalents on vested deferred stock units; dividend equivalents are immediately vested and follow the same terms as the underlying deferred units.
• No 10b5-1 plan, sale, option exercise, or tax-withholding indication noted in the provided data.

Context

• Dividend-equivalent awards and deferred stock-unit vesting are routine components of director compensation and do not necessarily indicate the insider’s view on the company’s stock. The $0 value reflects that these shares were credited as dividend equivalents rather than bought with cash.