United Airlines president sells 30,108 shares of stock
United Airlines Holdings president Brett J. Hart reported multiple equity transactions.
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Form Type
4
Rhea-AI Filing Summary
United Airlines Holdings president Brett J. Hart reported multiple equity transactions. He received 46,375 shares upon settlement of 2024 performance-based restricted stock units, with 20,543 shares withheld for taxes. He exercised options for 21,521 shares at $77.56, with 17,245 shares withheld and 4,276 issued. He then sold 30,108 shares of common stock at a weighted average $120.72 and made a charitable donation of 7,461 shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Hart Brett J
Role
President
Sold
30,108 shs ($3.63M)
Approx. gross sale proceeds
$3.63M
Approx. exercise cost
$1.67M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F5 | 30,108 | $120.72 | $3.63M |
| Gift | Common Stock F6 | 7,461 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F3 | 21,521 | $0.00 | $0.00 |
| Exercise | Common Stock F3 | 21,521 | $77.56 | $1.67M |
| Exercise Price or Tax Liability | Common Stock F4 | 17,245 | $120.57 | $2.08M |
| Grant/Award | Common Stock F1 | 46,375 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 20,543 | $118.27 | $2.43M |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 364,122 shares (Direct)
Footnotes (6)
- F1. Represents shares of UAL common stock acquired upon the settlement of performance-based restricted stock units ("PB RSUs") granted to the reporting person in 2024.
- F2. This transaction represents the withholding of shares to pay tax withholding obligations associated with the settlement of the PB RSU awards referenced in footnote 1, above.
- F3. Stock options were granted on June 14, 2017 and vested in three installments of 7,173 options on June 14, 2020, 7,174 options on June 14, 2021 and 7,174 options on June 14, 2022.
- F4. Represents a net exercise of stock options referenced in footnote 3, above. The Issuer withheld 17,245 shares of UAL common stock to cover the exercise price and related withholding taxes, resulting in 4,276 shares issued.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.55 to $120.80, 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.
- F6. Represents a charitable donation by the reporting person.
Key Figures
Open-market sale shares: 30,108 shares
Sale price per share: $120.72
RSU settlement shares: 46,375 shares
+4 more
7 metrics
Open-market sale shares
30,108 shares
Common stock sold on 2026-07-28 at weighted average $120.72
Sale price per share
$120.72
Weighted average price for 30,108 common shares sold on 2026-07-28
RSU settlement shares
46,375 shares
Shares acquired from settlement of 2024 performance-based RSUs on 2026-07-25
RSU tax withholding shares
20,543 shares
Shares withheld to pay tax obligations on PB RSU settlement on 2026-07-25
Options exercised shares
21,521 shares
Shares underlying stock options exercised on 2026-07-27 at $77.56
Shares withheld on net exercise
17,245 shares
Shares withheld to cover option exercise price and related taxes, leaving 4,276 shares issued
Charitable donation shares
7,461 shares
Common shares transferred as a charitable donation on 2026-07-28
Key Terms
performance-based restricted stock units, net exercise, weighted average price, bona fide gift
4 terms
performance-based restricted stock units financial
"acquired upon the settlement of performance-based restricted stock units granted in 2024"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
net exercise financial
"Represents a net exercise of stock options referenced in footnote 3"
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
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 financial
"transaction code description: 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock transactions did UAL president Brett J. Hart report?
Brett J. Hart reported settling 46,375 performance-based RSUs, exercising options on 21,521 shares, selling 30,108 shares at a weighted average $120.72, and donating 7,461 shares to charity, along with share withholdings to cover taxes and exercise costs.
What stock options did Brett J. Hart exercise at United Airlines (UAL)?
He exercised stock options covering 21,521 shares of UAL common stock at an exercise price of $77.56 per share. The issuer withheld 17,245 shares to cover the exercise price and related taxes, resulting in 4,276 shares issued to him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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