United Airlines Insider Sells 13,794 Shares for $1.6 Million in Tax-Related Transaction
Andrew P. Nocella, EVP & Chief Commercial Officer of United Airlines Holdings, sold 13,794 shares of common stock on July 25 and 28, 2026, with a total transaction value of approximately $1.6 million based on a weighted average sale price of $118.94 per share. According to the SEC Form 4 filing, about 70% of the shares (9,594) were withheld to satisfy tax obligations from performance-based restricted stock units granted in 2024. Following the sale, Nocella retains direct ownership of 222,955 shares (0.0687% of the company). The article notes that United Airlines recently beat earnings estimates with adjusted EPS of $1.99 and revenue of $17.7 billion (up 16% YoY), while management raised full-year EPS guidance to $9-$11. However, operating margins have declined to 6.8% from 10.5% in 2023 due to elevated fuel and labor costs. The stock has delivered a 129% total return over three years.
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