United Airlines CEO Scott Kirby Sells 49,381 Shares of Company Stock Worth Approximately $5.99 Million
By ATTN Desk · Editorial oversight: Sean Han
United Airlines Holdings, Inc. (UAL) CEO J. Scott Kirby sold 49,381 shares of the company’s common stock in the open market on June 15 and 16, generating approximately $5.99 million in proceeds.[1] These sales were made pursuant to a pre-arranged plan under SEC Rule 10b5-1, and after the transactions, CEO Kirby still directly holds 797,851 shares and retains indirect holdings through trusts, leaving significant remaining insider ownership.[1]
On June 15, CEO Kirby sold 48,303 UAL common shares at $121.301 per share, realizing total proceeds of about $5,858,100.[1] On the following day, June 16, he sold an additional 1,078 shares at $120.737 per share, securing roughly $130,111. Together, the two transactions totaled 49,381 shares sold for approximately $5.99 million.[1]
The transaction details are as follows.[1]
| Date | Transaction Type | Shares | Price per Share (USD) | Total Amount (USD) |
|---|---|---|---|---|
| 2026-06-15 | Sale | 48,303 | 121.301 | 5,858,100.103 |
| 2026-06-16 | Sale | 1,078 | 120.737 | 130,111.386 |
| Total | Sale | 49,381 | — | approx. 5,988,211 |
Following these sales, CEO Kirby’s direct holdings stand at 797,851 shares, with an estimated value of approximately $96,259,889 based on a per-share price of $120.737 as reported.[1] Additionally, he indirectly holds 5,000 and 8,000 shares through trusts for his children and other family members, although he disclaims beneficial ownership of those trust shares except to the extent of any pecuniary interest.[1]
These transactions were executed through multiple individual trades, with detailed breakdowns by price band available upon request.[1] Meanwhile, United also released its Q2 2026 results, reporting diluted earnings per share (EPS) of $2.46 and adjusted EPS of $1.99, and raised its full-year 2026 adjusted diluted EPS guidance to a range of $9.00–$11.00. The CEO’s planned sales alongside the company’s performance update have both drawn investor attention.[2]
Sources
- [1]SEC Form 4 — United Airlines Holdings, Inc. · 2026-06-17
- [2]SEC Form 8K — United Airlines Holdings, Inc. · 2026-07-15