May 23, 2025 · Form 4 insider transaction
Whitehurst James M bought 3,459 shares of United Airlines Holdings, Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each share unit was the economic equivalent of one share of common stock. Upon vesting, the share units were settled (i) 50% in cash based on average of the high and low sale prices of a share of the Company's common stock on the vesting date (or the average of the high and low sale prices of the common stock on the preceding trading day if the vesting date is not a trading day) and (ii) 50% in shares of the Company's common stock, with any odd or fractional units rounded toward the share units to be settled in cash.