July 29, 2026

United Airlines president Hart sells $3.6m in stock By Investing.com

 United Airlines president Hart sells $3.6m in stock By Investing.com

Brett J. Hart, President of United Airlines Holdings, Inc. (), reported a sale of common stock totaling $3,634,637, according to a recent SEC Form 4 filing. The transaction involved the disposition of 30,108 shares on July 28, 2026, at a weighted average price of $120.72 per share. The shares were sold in multiple transactions at prices ranging from $120.55 to $120.80. The stock currently trades at $123.77, up 37% over the past year, though InvestingPro analysis suggests the shares may be overvalued at current levels.

In addition to the sale, Mr. Hart engaged in several other transactions during the last week of July 2026.

On July 25, 2026, Mr. Hart acquired 46,375 shares of UAL common stock upon the settlement of performance-based restricted stock units (PB RSUs) granted in 2024. On the same day, 20,543 shares were withheld by the Issuer to cover tax withholding obligations associated with the PB RSU settlement, at a price of $118.27 per share, totaling $2,429,620.

Two days later, on July 27, 2026, Mr. Hart exercised stock options for 21,521 shares of common stock at an exercise price of $77.56 per share, representing a total value of $1,669,168. These options were granted on June 14, 2017, and vested in three installments. Concurrently, 17,245 shares were withheld by the Issuer in a net exercise of these options to cover the exercise price and related withholding taxes, at a price of $120.57 per share, totaling $2,079,229. This net exercise resulted in 4,276 shares being issued to Mr. Hart.

Finally, on July 28, 2026, Mr. Hart made a charitable donation of 7,461 shares of UAL common stock. Following all reported transactions, Mr. Hart beneficially owns 364,122 shares of United Airlines Holdings, Inc. common stock. For deeper insights into United Airlines’ financial health and executive compensation trends, InvestingPro offers comprehensive analysis including Fair Value estimates and detailed Pro Research Reports covering over 1,400 US equities.

In other recent news, United Airlines reported second-quarter 2026 results that exceeded expectations, with adjusted earnings of $1.99 per share compared to analysts’ estimates of $1.85. The company also reported revenue of $17.7 billion, surpassing the anticipated $17.62 billion, with a 16% increase from the previous year attributed to higher fares, increased premium demand, and strong international travel. Bernstein SocGen Group raised its price target for United Airlines to $162 from $153, citing the strong earnings performance and the company’s decision to raise the lower end of its full-year 2026 earnings per share guidance to $9. In contrast, Jefferies lowered its price target to $155 from $160 due to rising fuel costs, which increased by 84% year-over-year.

Additionally, the Federal Aviation Administration announced a new regulation requiring all aircraft in the United States to be equipped with altimeters resistant to 5G interference by 2027. This regulation aims to ensure safety during takeoffs and landings in low visibility conditions. Meanwhile, US airline stocks, including Delta Air Lines, JetBlue Airways, and Southwest Airlines, experienced gains in premarket trading following a drop in crude oil prices. These developments reflect ongoing changes and challenges in the airline industry.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

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