United Airlines (UAL) EVP Kate Gebo awarded new restricted stock units

Rhea-AI Filing Summary

United Airlines Holdings, Inc. executive Kate Gebo reported equity awards in the form of restricted stock units. On March 4, 2026, she acquired 18,104 RSUs directly and 3,955 RSUs indirectly through her spouse. Each RSU represents the economic equivalent of one share of UAL common stock.

The RSUs will be settled in UAL common shares upon vesting. They vest in one-third annual installments on February 28, 2027, February 28, 2028, and February 28, 2029, aligning her compensation with long-term shareholder value.

SEC Form 4

FORM 4

UNITED 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

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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 IL 60666

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
United Airlines Holdings, Inc. [ UAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP HR and Labor Relations

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/04/2026		A		18,104		(2)	(2)	Common Stock	18,104	$0	18,104	D
Restricted Stock Units	(1)	03/04/2026		A		3,955		(2)	(2)	Common Stock	3,955	$0	3,955	I	See Footnote(3)

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the economic equivalent of one share of UAL common stock and shall be settled in shares of UAL common stock upon vesting.

2. The RSUs vest in one-third (1/3) annual installments on February 28, 2027, February 28, 2028 and February 28, 2029.

3. By spouse of the reporting person.

Remarks:

	/s/ James Cotton for Kate Gebo	03/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions did UAL EVP Kate Gebo report on this Form 4?

Kate Gebo reported acquiring restricted stock units in United Airlines Holdings, Inc. She received 18,104 RSUs directly and 3,955 RSUs indirectly through her spouse, all granted on March 4, 2026 as equity-based compensation tied to future vesting dates.

How many restricted stock units did UAL executive Kate Gebo receive?

Kate Gebo received 18,104 restricted stock units directly and 3,955 restricted stock units indirectly via her spouse. In total, 22,059 RSUs were granted, each representing the economic equivalent of one share of United Airlines Holdings, Inc. common stock upon vesting.

When do Kate Gebo’s United Airlines RSU awards vest?

The restricted stock units vest in three equal annual installments. One-third vests on February 28, 2027, another third on February 28, 2028, and the final third on February 28, 2029, subject to the usual conditions tied to continued service and plan terms.

What does each UAL restricted stock unit granted to Kate Gebo represent?

Each restricted stock unit represents the economic equivalent of one share of United Airlines Holdings, Inc. common stock. Upon vesting, the RSUs will be settled in actual UAL common shares, providing equity-based compensation aligned with the company’s long-term performance.

How are indirect RSU holdings for Kate Gebo in UAL characterized?

The filing shows 3,955 restricted stock units held indirectly by Kate Gebo through her spouse. A footnote clarifies these RSUs are "By spouse of the reporting person," indicating they are associated with her but reported as indirect beneficial ownership.

Does this UAL Form 4 show any stock sales by Kate Gebo?

The Form 4 reports only grant or award acquisitions of restricted stock units for Kate Gebo. There are no sales or disposals reported. Both transactions are coded as acquisitions, reflecting new equity awards granted on March 4, 2026 under company compensation arrangements.