Form 4: United Airlines Holdings Director Barney Harford Reports Acquisition of Share Units
SEC Form 4
Director Barney Harford reports acquisition of share units representing deferred retainer fees, convertible to common stock upon separation from service.
Summary
- On March 31, 2025, Barney Harford, a director of United Airlines Holdings, Inc., acquired 579.05 share units.
- These share units represent deferred 2025 quarterly retainer fees elected under the company's 2006 Director Equity Incentive Plan (DEIP).
- The share units are convertible to common stock on a 1-for-1 basis and will be settled in common stock following Harford's separation from service.
- Following the transaction, Harford directly owns 3,265.84 share units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of director compensation.
Future Outlook
The share units will be settled in common stock following the Reporting Person's separation from service in accordance with the terms of the DEIP.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a director's compensation structure.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of share units. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
share units, director, Barney Harford, United Airlines Holdings, UAL, Form 4, beneficial ownership, DEIP, deferred compensation, equity incentive plan
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