Form 4: United Airlines Holdings President Brett Hart Reports Stock Transactions
SEC Form 4 Filing
Brett Hart, President of United Airlines Holdings, reports acquisition of shares through settlement of performance-based restricted stock units and subsequent disposal of shares to cover tax obligations.
Summary
- On February 10, 2025, Brett Hart, President of United Airlines Holdings, acquired 113,642 shares of UAL common stock upon the settlement of performance-based restricted stock units (PB RSUs) granted in 2022.
- Simultaneously, Hart disposed of 48,964 shares to cover tax withholding obligations associated with the RSU settlement at a price of $106.08 per share.
- Following these transactions, Hart beneficially owns 240,881 shares of UAL common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation and tax obligations.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2022 | Year the performance-based restricted stock units (PB RSUs) were granted to Brett Hart. |
| 02/10/2025 | Date of the stock acquisition and disposal transactions. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
Keywords
UAL, United Airlines Holdings, Brett Hart, Form 4, Stock Transaction, Performance-Based Restricted Stock Units, PB RSU, Tax Withholding
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