United Airlines (NASDAQ: UAL) VP receives stock from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Airlines Holdings vice president and controller Brigitte Bokemeier reported multiple transactions on restricted stock units vesting into common stock on February 28, 2026. Several RSU awards converted into UAL common shares at no exercise price, and 664 shares were withheld at $106.30 per share to cover tax obligations, leaving her with 9,041 directly owned common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,145 shares exercised/converted
Mixed
9 txns
Insider
Bokemeier Brigitte
Role
Vice President & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 363 | $0.00 | -- |
| Exercise | Restricted Stock Units | 412 | $0.00 | -- |
| Exercise | Restricted Stock Units | 718 | $0.00 | -- |
| Exercise | Restricted Stock Units | 652 | $0.00 | -- |
| Exercise | Common Stock | 363 | $0.00 | -- |
| Exercise | Common Stock | 412 | $0.00 | -- |
| Exercise | Common Stock | 718 | $0.00 | -- |
| Exercise | Common Stock | 652 | $0.00 | -- |
| Tax Withholding | Common Stock | 664 | $106.30 | $71K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 7,923 shares (Direct)
Footnotes (1)
- Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock. The RSUs were granted on April 4, 2023 and vest in one-third (1/3) substantially equal annual installments on February 28, 2024, February 28, 2025 and February 28, 2026. The RSUs were granted on February 29, 2024 and vest in one-third (1/3) substantially equal annual installments on February 28, 2025, February 28, 2026 and February 28, 2027. The RSUs were granted on March 1, 2024 and vest in one-third (1/3) substantially equal annual installments on February 28, 2025, February 28, 2026 and February 28, 2027. The RSUs were granted on February 28, 2025 and vest in one-third (1/3) substantially equal annual installments on February 28, 2026, February 28, 2027 and February 28, 2028. This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards referenced in footnotes 2 - 5, above. Each restricted stock unit represents the economic equivalent of one share of UAL common stock and shall be settled in shares of UAL common stock upon vesting.
FAQ
What insider transactions did UAL executive Brigitte Bokemeier report?
Brigitte Bokemeier reported several RSU-related transactions on February 28, 2026. Multiple restricted stock unit awards vested and were settled into UAL common stock, and a separate transaction withheld 664 shares to satisfy tax obligations tied to those vestings, rather than an open-market sale.
Were Brigitte Bokemeier’s UAL Form 4 transactions open-market buys or sells?
The transactions were not open-market buys or sells. They reflect RSU awards settling into UAL common stock at no exercise price and a tax-withholding disposition coded “F,” where 664 shares were withheld by the company to pay associated tax liabilities upon vesting.
What do the RSU footnotes in the UAL Form 4 reveal about vesting schedules?
Footnotes show several RSU grants from April 4, 2023, February 29, 2024, March 1, 2024, and February 28, 2025 vest in one-third annual installments on various February 28 dates from 2024 through 2028, settling in shares of UAL common stock upon vesting.
What is the meaning of transaction code M in the UAL Form 4 for RSUs?
Transaction code M indicates the exercise or conversion of a derivative security. Here, it represents restricted stock units converting into UAL common stock upon vesting at a $0.00 exercise price, consistent with each RSU being the economic equivalent of one share of common stock.