Gebo Kate 4
4 · United Airlines Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
United Airlines (UAL) EVP Kate Gebo Receives RSUs, Withholds Shares
What Happened
Kate Gebo, EVP Human Resources & Labor Relations at United Airlines (UAL), had restricted stock units (RSUs) vest on February 28, 2026. A total of 35,144 shares were issued upon vesting (conversion of RSUs). To cover tax withholding obligations, 15,332 of those shares were withheld (disposed) at $106.30 per share, generating $1,629,792 in tax withholding. That leaves approximately 19,812 net shares delivered to the reporting person.
Key Details
- Transaction date: February 28, 2026 (reported on Form 4 filed March 3, 2026). Filing appears timely.
- What occurred: Conversion/settlement of RSUs into common stock (transaction code M) and withholding of shares to satisfy tax obligations (transaction code F).
- Shares issued on vesting: 35,144 total (sum of multiple RSU tranches).
- Shares withheld for taxes: 15,332 shares at $106.30/share = $1,629,792 total withheld.
- Net shares received by the insider: ~19,812 shares (35,144 issued − 15,332 withheld).
- Footnotes of note:
- F1/F9: RSUs settled into shares upon vesting (each RSU = one share).
- F2–F4: RSU grants originated on 4/4/2023, 2/29/2024 and 2/28/2025 with multi-year vesting schedules.
- F5: Share disposals represent withholding to pay tax obligations related to vesting.
- F6–F8: Balances may include shares held in revocable trusts and/or by spouse.
- Shares owned after the transaction: exact post-transaction holdings are not specified in the provided filing; footnotes indicate some holdings include revocable trusts.
Context
This was not an open-market sale or purchase — it was a routine settlement of RSU awards and a standard share-withholding to cover taxes (a common cashless-style settlement). Such withholding transactions are administrative and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-28+12,067→ 97,723 total - Exercise/Conversion
Common Stock
[F1][F3]2026-02-28+11,849→ 109,572 total - Exercise/Conversion
Common Stock
[F1][F4]2026-02-28+6,104→ 115,676 total - Tax Payment
Common Stock
[F5][F6]2026-02-28$106.30/sh−13,300$1,413,790→ 102,376 total - Exercise/Conversion
Common Stock
[F1][F2][F7]2026-02-28+1,894→ 64,526 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
[F1][F3][F7]2026-02-28+1,860→ 66,386 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
[F1][F4][F7]2026-02-28+1,370→ 67,756 total(indirect: See Footnote) - Tax Payment
Common Stock
[F5][F7][F8]2026-02-28$106.30/sh−2,032$216,002→ 65,724 total(indirect: See Footnote) - Exercise/Conversion
Restricted Stock Units
[F9][F1][F2]2026-02-28−12,067→ 0 total→ Common Stock (12,067 underlying) - Exercise/Conversion
Restricted Stock Units
[F9][F1][F3]2026-02-28−11,849→ 11,849 total→ Common Stock (11,849 underlying) - Exercise/Conversion
Restricted Stock Units
[F9][F1][F4]2026-02-28−6,104→ 12,210 total→ Common Stock (6,104 underlying) - Exercise/Conversion
Restricted Stock Units
[F9][F1][F2][F7]2026-02-28−1,894→ 0 total(indirect: See Footnote)→ Common Stock (1,894 underlying) - Exercise/Conversion
Restricted Stock Units
[F9][F1][F3][F7]2026-02-28−1,860→ 1,860 total(indirect: See Footnote)→ Common Stock (1,860 underlying) - Exercise/Conversion
Restricted Stock Units
[F9][F1][F4][F7]2026-02-28−1,370→ 2,742 total(indirect: See Footnote)→ Common Stock (1,370 underlying)
Footnotes (9)
- [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, with respect to the reporting person or, as applicable, the spouse of the reporting person.
- [F6]Balance includes shares held in a revocable trust in the name of the reporting person.
- [F7]By spouse of the reporting person.
- [F8]Balance includes shares held in a revocable trust in the name of the spouse of the reporting person.
- [F9]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.