Hart Brett J 4

What Happened

• Brett J. Hart, President of United Airlines Holdings, received 120,486 performance-based restricted stock units (PB RSUs) that settled into common shares on Feb 13, 2026 (awarded at $0). Simultaneously, 52,029 shares were withheld to satisfy tax withholding obligations at an implied value of $109.29 per share, equal to $5,686,249. Net shares delivered to Hart after withholding = 68,457 shares.

Key Details

• Transaction dates: Settlement and withholding occurred on 2026-02-13; Form 4 filed 2026-02-18 (filed within the required reporting window).
• Transaction types/codes: A = Award/Grant (120,486 shares acquired upon PB RSU settlement); F = Tax withholding (52,029 shares disposed/withheld).
• Prices/values: Awarded shares valued at $0 on grant (compensation award); withheld shares valued at $109.29 each for a total tax withholding of $5,686,249.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — shares were issued on settlement of 2023 performance-based RSUs; F2 — the 52,029-share disposition represents withholding to cover tax obligations.

Context

• This was a compensation settlement (award) with routine tax withholding, not an open-market sale or purchase. Withholding of shares to cover taxes is common following RSU settlement and does not necessarily indicate a change in insider sentiment.