J Scott Kirby Plans To Sell 90,367 United Shares Worth $10.9 Million
The proposed sale covers shares bought with cash and received through compensation.
J Scott Kirby, chief executive officer of United Airlines, which flies passengers and cargo, plans to sell 90,367 shares with a stated value of $10.9 million. He filed the planned-sale notice with the SEC Tuesday; it represents a proposed transaction, not an executed sale.
Fidelity Would Handle The Sale
Kirby intends to sell through Fidelity Brokerage Services, with Tuesday listed as the approximate sale date.
The stock had gained about 8% this year through Monday's close. Over the past 12 months through that same close, United shares gained about 24%.
Cash Purchases And Vested Stock
The shares Kirby proposes to sell came from both compensation and purchases made with cash. They include restricted stock vested February 13 and July 25, 2026 and an open-market purchase from May 19, 2016.
Sources
- Form 144 — J Scott Kirby (UAL) — SEC EDGAR
