United Airlines EVP gets stock awards, tax offsets
United Airlines Holdings, Inc. EVP Kate Gebo reported multiple equity transactions in common stock tied to performance-based restricted stock units granted in 2023.
Rhea-AI Filing Summary
United Airlines Holdings, Inc. EVP Kate Gebo reported multiple equity transactions in common stock tied to performance-based restricted stock units granted in 2023. She acquired 48,509 shares directly and 7,613 shares indirectly at a stated price of $0.00 per share upon settlement of these awards.
To cover tax withholding obligations from the same PB RSU settlements, 20,154 shares of common stock held directly and 2,282 shares held indirectly were disposed of at $109.29 per share. Some indirect holdings are in revocable trusts and by her spouse, as disclosed in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48,509 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 20,154 | $109.29 | $2.20M |
| Grant/Award | Common Stock | 7,613 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,282 | $109.29 | $249K |
Footnotes (5)
- F1. Represents shares of UAL common stock acquired upon the settlement of performance-based restricted stock units ("PB RSUs") granted to the reporting person or, as applicable, the spouse of the reporting person in 2023.
- 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, with respect to the reporting person or, as applicable, the spouse of the reporting person.
- F3. Balance held in a revocable trust in the name of the reporting person.
- F4. By spouse of the reporting person.
- F5. Balance held in a revocable trust in the name of the spouse of the reporting person.
FAQ
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