Form 4: United Airlines Holdings Director James Whitehurst Reports Share Transactions

Sentiment:

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

DateDescription
February 28, 2024James Whitehurst authorized designated individuals to sign and file Section 16 reporting forms and Form 144s on his behalf.
May 23, 2024Acquisition of 3,459 share units.
May 25, 2024Acquisition of 3,598 common stock shares and disposal of 1,799 common stock shares.
May 28, 2024Date of signature for the report.
May 23, 2025Expiration date of share units.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.