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United Airlines' Kate Gebo sells 28,283 shares

The reported sales used weighted-average prices, with the two transaction groups spanning $119.07 to $120.40 per share.

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Form Type
4

Rhea-AI Filing Summary

United Airlines Holdings, Inc. EVP HR and Labor Relations Kate Gebo reported a direct sale of 28,283 common shares on November 9, 2026, at a weighted-average price of $119.59 per share; transactions ranged from $119.07 to $120.40. Her spouse also sold 11,717 shares at a weighted-average price of $119.50 per share, with transactions ranging from $119.33 to $119.68. On November 10, 2026, entries report a bona fide gift involving 8,283 shares: a disposition from a revocable trust in the spouse's name and an acquisition into a revocable trust in Gebo's name. No Rule 10b5-1 plan is reported.

Insider Gebo Kate
Role EVP HR and Labor Relations
Sold 40,000 shs ($4.78M)
Type Security Shares Price Value
Gift Common Stock F2 8,283 $0.00 $0.00
Gift Common Stock F4, F5 8,283 $0.00 $0.00
Sale Common Stock F1 28,283 $119.59 $3.38M
Sale Common Stock F3, F4 11,717 $119.50 $1.40M
Holdings After Transaction: Common Stock — 49,018 shares (Direct); Common Stock — 49,018 shares (Indirect, See Footnote)
Footnotes (5)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.07 to $120.40, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
  2. F2. Balance held in a revocable trust in the name of the reporting person.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.33 to $119.68, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
  4. F4. By spouse of the reporting person.
  5. F5. Balance held in a revocable trust in the name of the spouse of the reporting person.
Direct sale shares 28,283 shares November 9, 2026
Direct sale weighted-average price $119.59 per share November 9, 2026
Direct sale transaction price range $119.07 to $120.40 per share November 9, 2026
Spouse's sale shares 11,717 shares November 9, 2026
Spouse's sale weighted-average price $119.50 per share November 9, 2026
Spouse's sale transaction price range $119.33 to $119.68 per share November 9, 2026
Gift shares 8,283 shares November 10, 2026
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Bona fide gift technical
"Bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust technical
"Balance held in a revocable trust in the name of the reporting person."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many UAL shares did Kate Gebo and her spouse sell, and at what prices?

Kate Gebo reported a direct sale of 28,283 UAL common shares on November 9, 2026, at a weighted-average price of $119.59 per share, across transactions priced from $119.07 to $120.40. Her spouse also sold 11,717 shares at a weighted-average price of $119.50, across transactions priced from $119.33 to $119.68.

What UAL stock gift did Kate Gebo report?

On November 10, 2026, the report lists a bona fide gift involving 8,283 shares: a disposition from a revocable trust in her spouse's name and an acquisition into a revocable trust in Gebo's name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gebo Kate

(Last)(First)(Middle)
P. O. BOX 66100 HDQLD

(Street)
CHICAGO ILLINOIS 60666

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
United Airlines Holdings, Inc. [ UAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP HR and Labor Relations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/09/2026S28,283D$119.59(1)40,735D
Common Stock11/10/2026GV8,283A$049,018D(2)
Common Stock11/09/2026S11,717D$119.5(3)57,301ISee Footnote(4)
Common Stock11/10/2026G8,283D$049,018ISee Footnote(4)(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.07 to $120.40, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
2. Balance held in a revocable trust in the name of the reporting person.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.33 to $119.68, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
4. By spouse of the reporting person.
5. Balance held in a revocable trust in the name of the spouse of the reporting person.
Remarks:
/s/ James Cotton for Kate Gebo11/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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