Michael D. Leskinen - 25 Jul 2025 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Signature
/s/ James Cotton for Michael D. Leskinen
Issuer symbol
UAL
Transactions as of
25 Jul 2025
Transactions value $
-$2,823,000
Form type
4
Filing time
29 Jul 2025, 17:59:44 UTC
Previous filing
04 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Leskinen Michael D. EVP & Chief Financial Officer P.O. BOX 66100 HDQLD, CHICAGO /s/ James Cotton for Michael D. Leskinen 29 Jul 2025 0001994659

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAL Common Stock Award $0 +17,836 +59.32% $0 47,905 25 Jul 2025 Direct F1
transaction UAL Common Stock Tax liability -$720,133 -7,904 -16.5% $91.11 40,001 25 Jul 2025 Direct F2
transaction UAL Common Stock Sale -$2,102,867 -23,000 -57.5% $91.43 17,001 28 Jul 2025 Direct F3
holding UAL Common Stock 1,500 25 Jul 2025 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.42 to $91.49, 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.
F4 Represents shares held in an account by the reporting person's mother over which the reporting person holds a power of attorney.