United Airlines Executive Sells $1.6 Million Worth of Shares
Andrew P. Nocella, Chief Commercial Officer at United Airlines (UAL), sold approximately 13,794 shares for around $1.6 million in late July 2026, as disclosed in a recent SEC Form 4 filing. The transaction included both discretionary and non-discretionary sales; about 70% of the shares were withheld to cover tax obligations related to performance-based restricted stock units granted in 2024. Following this sale, Nocella still holds around 222,955 shares directly, representing an estimated 0.0687% ownership stake in United Airlines. The company reported strong recent earnings with adjusted EPS of $1.99 and revenue rising to $17.7 billion year-over-year. However, operating margins have declined from a peak of 10.5% in 2023 to around 6.8%, primarily due to higher jet fuel costs. The stock closed at $120.57 on July 27, reflecting a 34% return over the past year as of the filing date.
Tickers: $UAL