Enqvist Torbjorn J 4

What Happened

• Torbjorn J. Enqvist, Executive Vice President & Chief Operations Officer of United Airlines Holdings, received a grant of 26,273 restricted stock units (RSUs) on March 4, 2026. The Form 4 reports the RSUs with an acquisition price of $0.00 (derivative award), meaning no cash was exchanged in the filing. Each RSU represents the economic equivalent of one share and will be settled in shares upon vesting.

Key Details

• Transaction date: 2026-03-04 (Filed: 2026-03-06; filing appears timely).
• Grant: 26,273 RSUs reported as acquisition (code A) at $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Each RSU equals one share of UAL common stock and will be settled in shares upon vesting.
  • F2: RSUs vest in three substantially equal annual installments on Feb 28, 2027, Feb 28, 2028 and Feb 28, 2029.
• No 10b5-1 plan or tax-withholding details disclosed in the filing.

Context

• RSU grants are a form of compensation, not an open-market purchase or sale; they don’t by themselves indicate present buying/selling sentiment. The reported $0 reflects the award reporting convention—actual value to the insider depends on UAL’s share price when/if the RSUs vest and are settled.