United Airlines Holdings (UAL) investor reports 5.6% ownership stake

Rhea-AI Filing Summary

Capital International Investors has filed an amended Schedule 13G reporting a passive ownership stake in United Airlines Holdings, Inc. common stock. The firm is deemed the beneficial owner of 18,214,883 shares, representing 5.6% of the company’s common stock, based on 327,703,867 shares believed to be outstanding as of 12/31/2025.

The filing states these securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of United Airlines Holdings. Capital International Investors reports sole voting power over 18,205,976 shares and sole dispositive power over 18,214,883 shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

United Airlines Holdings, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

910047109

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 910047109

1

Names of Reporting Persons

Capital International Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 18,205,976.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 18,214,883.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,214,883.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: United Airlines Holdings, Inc.
(b)	Address of issuer's principal executive offices: 233 SOUTH WACKER DRIVE, E. ANNA HA - WHQLD, CHICAGO, IL 60606
Item 2.
(a)	Name of person filing: Capital International Investors
(b)	Address or principal business office or, if none, residence: 333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 910047109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 18,214,883 ** **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 18,214,883 shares or 5.6% of the 327,703,867 shares believed to be outstanding.
(b)	Percent of class: 5.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 18,205,976
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 18,214,883
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital International Investors

Signature:	Jae Won Chung
Name/Title:	Vice President and Senior Counsel II, Capital Research and Management Company
Date:	02/12/2026

FAQ

What stake in UAL does Capital International Investors report?

Capital International Investors reports beneficial ownership of 18,214,883 shares of United Airlines Holdings (UAL) common stock, representing 5.6% of the class. This percentage is based on 327,703,867 shares of common stock believed to be outstanding as of December 31, 2025.

Is Capital International Investors seeking control of United Airlines Holdings (UAL)?

The filing states the UAL shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. It also notes they are not held in connection with any transaction intended to have that control-changing effect.

How much voting power does Capital International Investors have over UAL shares?

Capital International Investors reports sole voting power over 18,205,976 shares of United Airlines Holdings (UAL) common stock and no shared voting power. It also reports sole dispositive power over 18,214,883 shares and no shared dispositive power.

What is the significance of Capital International Investors filing a Schedule 13G/A for UAL?

A Schedule 13G/A indicates a holder owns more than 5% of UAL’s common stock on a passive basis. This amendment updates Capital International Investors’ reported ownership and confirms the investment is held without an intent to influence or change corporate control.

Who signed the Schedule 13G/A related to United Airlines Holdings (UAL)?

The Schedule 13G/A for United Airlines Holdings (UAL) was signed by Jae Won Chung, identified as Vice President and Senior Counsel II of Capital Research and Management Company, on February 12, 2026, certifying the accuracy and completeness of the disclosed information.

What type of security in UAL is held by Capital International Investors?

Capital International Investors reports beneficial ownership of common stock of United Airlines Holdings (UAL), identified by CUSIP number 910047109. The filing relates only to this class of securities and specifies the percentage and number of shares beneficially owned.