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From: Julius Wong5/18/2025 11:30:55 AM
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UnitedHealth new CEO adds $25M worth of company stock

May 17, 2025 10:53 AM ET
By: Dulan Lokuwithana, SA News Editor

Newly appointed CEO of UnitedHealth Group (NYSE: UNH), Stephen Hemsley, has just bought $25M worth of company shares, adding to the managed care giant’s recent insider purchases as its stock plunged over 20% this week.

After taking over the leadership of the Eden Prairie, Minnesota-based healthcare firm on Tuesday, abruptly replacing former CEO Andrew Witty, Hemsley added 86.7K UnitedHealth (NYSE: UNH) shares on Friday for $288.57 apiece on average.

Hemsley, who previously led the company from 2016 to 2017, has boosted his company holdings by ~8% to ~1.1M shares through the transaction valued at just above $25M, according to a regulatory filing submitted late Friday.

Meanwhile, UnitedHealth’s (NYSE: UNH) CFO John Rex has joined insider buying, adding about 17.2K UNH shares for $291.12 apiece on Friday, increasing his stake by ~9% to ~210.6K shares, in a deal valued at roughly $5M.

Their transactions followed several purchases by three UnitedHealth (NYSE: UNH) directors, who bought over $1.6M worth of UNH shares on Wednesday and Thursday as the stock fell amid its sudden CEO transition and a report about a DoJ criminal probe against the company.
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