Enqvist Torbjorn J 4

4 · United Airlines Holdings, Inc. · Filed Mar 3, 2026

Form 4

Period: 2026-02-28

EVP & Chief Operations Officer

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-02-28+14,105→ 126,826 total
Exercise/Conversion
Common Stock
[F1][F3]
2026-02-28+14,509→ 141,335 total
Exercise/Conversion
Common Stock
[F1][F4]
2026-02-28+8,286→ 149,621 total
Tax Payment
Common Stock
[F5]
2026-02-28$106.30/sh−14,821$1,575,472→ 134,800 total
Exercise/Conversion
Restricted Stock Units
[F6][F1][F2]
2026-02-28−14,105→ 0 total
→ Common Stock (14,105 underlying)
Exercise/Conversion
Restricted Stock Units
[F6][F1][F3]
2026-02-28−14,509→ 14,509 total
→ Common Stock (14,509 underlying)
Exercise/Conversion
Restricted Stock Units
[F6][F1][F4]
2026-02-28−8,286→ 16,572 total
→ Common Stock (8,286 underlying)

Footnotes (6)

[F1]Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock.
[F2]The RSUs were granted on April 4, 2023 and vest in one-third (1/3) substantially equal annual installments on February 28, 2024, February 28, 2025 and February 28, 2026.
[F3]The RSUs were granted on February 29, 2024 and vest in one-third (1/3) substantially equal annual installments on February 28, 2025, February 28, 2026 and February 28, 2027.
[F4]The RSUs were granted on February 28, 2025 and vest in one-third (1/3) substantially equal annual installments on February 28, 2026, February 28, 2027 and February 28, 2028.
[F5]This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards referenced in footnotes 2 - 4, above.
[F6]Each RSU represents the economic equivalent of one share of UAL common stock and shall be settled in shares of UAL common stock upon vesting.

Signature

/s/ James Cotton for Torbjorn J. Enqvist|2026-03-03

Documents

1 file