--- title: "Insider Activity Update: J. Scott Kirby Executes Options Exercise, Resulting In $9.29M At United Airlines Holdings" type: "News" locale: "en" url: "https://longbridge.com/en/news/293491530.md" description: "United Airlines CEO J. Scott Kirby exercised stock options for 159,321 shares on July 22, valued at approximately $9.29 million, according to an SEC Form 4 filing. The transaction occurred as UAL shares traded around $116.98. This insider activity is reported alongside the company's recent financial metrics, including a 15.99% revenue growth and specific valuation ratios." datetime: "2026-07-22T15:00:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293491530.md) - [en](https://longbridge.com/en/news/293491530.md) - [zh-HK](https://longbridge.com/zh-HK/news/293491530.md) --- # Insider Activity Update: J. Scott Kirby Executes Options Exercise, Resulting In $9.29M At United Airlines Holdings **J. Scott Kirby**, Chief Executive Officer at **United Airlines Holdings** (NASDAQ:UAL), reported a large exercise of company stock options on July 22, according to a new SEC filing. **What Happened:** A notable Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission revealed that Kirby, Chief Executive Officer at United Airlines Holdings, exercised stock options for 159,321 shares of UAL, resulting in a transaction value of $9,286,821. The Wednesday morning update indicates **United Airlines Holdings** shares down by 0.61%, currently priced at $116.98. At this value, Kirby's 159,321 shares are worth $9,286,821. ### About United Airlines Holdings Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel, especially across the Pacific, than its large US peers. ### United Airlines Holdings's Financial Performance **Revenue Growth:** Over the 3 months period, United Airlines Holdings showcased positive performance, achieving a revenue growth rate of **15.99%** as of 30 June, 2026. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector. **Exploring Profitability:** - Gross Margin: Achieving a high gross margin of 24.32%, the company performs well in terms of cost management and profitability within its sector. - Earnings per Share (EPS): United Airlines Holdings's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 2.48. **Debt Management:** The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of **2.02**, caution is advised due to increased financial risk. **Market Valuation:** - Price to Earnings (P/E) Ratio: The current P/E ratio of 11.02 is below industry norms, indicating potential undervaluation and presenting an investment opportunity. - Price to Sales (P/S) Ratio: The current P/S ratio of 0.61 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance. - EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): United Airlines Holdings's EV/EBITDA ratio stands at 9.9, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation. **Market Capitalization:** Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position. ### Navigating the Impact of Insider Transactions on Investments Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights. From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction. A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock. While insider sells may not necessarily reflect a bearish view and can be motivated by various factors. ### Cracking Transaction Codes In the domain of transactions, investors frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A **P** in Box 3 indicates a purchase, while **S** signifies a sale. Transaction code **C** signals the conversion of an option, and transaction code **A** denotes a grant, award, or other acquisition of securities from the company. Check Out The Full List Of United Airlines Holdings's Insider Trades. _This article was generated by Benzinga's automated content engine and reviewed by an editor._ ### Related Stocks - [UAL.US](https://longbridge.com/en/quote/UAL.US.md) ## Related News & Research - [United Airlines backs more than $20 billion Washington Dulles expansion plan](https://longbridge.com/en/news/294251108.md) - [United Airlines CEO Scott Kirby disposes of 159,321 shares worth $18.81 million](https://longbridge.com/en/news/293402902.md) - [Why FormFactor stock is skyrocketing today](https://longbridge.com/en/news/294397637.md) - [IWM Long Strangle Benefits from Large Stock Price Moves](https://longbridge.com/en/news/293767641.md) - [Option Volatility And Earnings Report For July 27-31](https://longbridge.com/en/news/293920673.md)