NOCELLA ANDREW P (EVP & Chief Commercial Officer) exercised options at UNITED AIRLINES HOLDINGS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

NOCELLA ANDREW P

Filed: 3/4/2025ACC: 0000100517-25-000066

InsiderNOCELLA ANDREW PCIK 1314824

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IssuerUNITED AIRLINES HOLDINGS, INC.CIK 100517

Officer· EVP & Chief Commercial Officer

Since Mar 2026

+4.63K

Net shares

Net buyer

$1.59M

Total sold

Open market trades

0B · 0S

Total transactions

59.48K acquired · 54.86K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+14.02K

Price / share

—

Trade value

—

% of position

9.7%

2/28/2025

144.31K→158.33K

Common Stock

Direct

M · Option Exercise

+12.07K

Price / share

—

Trade value

—

% of position

7.6%

2/28/2025

158.33K→170.40K

Common Stock

Direct

M · Option Exercise

+11.85K

Price / share

—

Trade value

—

% of position

7.0%

2/28/2025

170.40K→182.24K

Common Stock

Direct

F · Tax Withholding

−16.92K

Price / share

$93.81

Trade value

$1.59M

% of position

9.3%

2/28/2025

182.24K→165.32K

Total

Net shares

+21.02K

Net value

-$1.59M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/28/2025	M · Option Exercise	+14.02K	—	—	9.7%	144.31K	158.33K
Common Stock Direct	2/28/2025	M · Option Exercise	+12.07K	—	—	7.6%	158.33K	170.40K
Common Stock Direct	2/28/2025	M · Option Exercise	+11.85K	—	—	7.0%	170.40K	182.24K
Common Stock Direct	2/28/2025	F · Tax Withholding	−16.92K	$93.81	$1.59M	9.3%	182.24K	165.32K
Total			+21.02K		-$1.59M

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

14.02K shares

−14.02K

Strike price

Held after

0.00

Exercisable

—

2/28/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

12.07K shares

−12.07K

Strike price

Held after

12.07K

Exercisable

—

2/28/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

11.85K shares

−11.85K

Strike price

Held after

23.70K

Exercisable

—

2/28/2025

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

21.55K shares

+21.55K

Strike price

Held after

21.55K

Exercisable

—

2/28/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock14.02K shares	2/28/2025	M · Option Exercise	−14.02K	—	0.00
Restricted Stock Units Direct	Common Stock12.07K shares	2/28/2025	M · Option Exercise	−12.07K	—	12.07K
Restricted Stock Units Direct	Common Stock11.85K shares	2/28/2025	M · Option Exercise	−11.85K	—	23.70K
Restricted Stock Units Direct	Common Stock21.55K shares	2/28/2025	A · Award	+21.55K	—	21.55K