Form 4: United Airlines Holdings Director James Whitehurst Reports Share Transactions
SEC Form 4 Filing
James Whitehurst, a director at United Airlines Holdings, reported the acquisition and disposal of common stock and share units, according to a recent SEC Form 4 filing.
Summary
- On May 25, 2024, James Whitehurst, a director of United Airlines Holdings, engaged in transactions involving common stock and share units.
- Whitehurst acquired 3,598 common stock shares through the vesting of share units.
- He also disposed of 1,799 common stock shares at a price of $51.78 per share.
- As of May 25, 2024, Whitehurst beneficially owns 15,958 shares of United Airlines Holdings common stock.
- Additionally, Whitehurst acquired 3,459 share units on May 23, 2024, which are settled 50% in cash and 50% in shares upon vesting.
- These share units accrue additional units when dividends are paid on the company's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider transactions, which has a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions are closely monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| February 28, 2024 | James Whitehurst authorized designated individuals to sign and file Section 16 reporting forms and Form 144s on his behalf. |
| May 23, 2024 | Acquisition of 3,459 share units. |
| May 25, 2024 | Acquisition of 3,598 common stock shares and disposal of 1,799 common stock shares. |
| May 28, 2024 | Date of signature for the report. |
| May 23, 2025 | Expiration date of share units. |
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