United Airlines Board & Executive Compensation Changes

Ticker: UAL · Form: 8-K · Filed: 2024-09-17T00:00:00.000Z

Sentiment: neutral

Topics: board-changes, executive-compensation, governance

Related Tickers: UAL

TL;DR

UAL board shakeup & comp changes filed. Watch for new exec pay details.

AI Summary

United Airlines Holdings, Inc. filed an 8-K on September 16, 2024, reporting changes in its board of directors and executive compensation arrangements. The filing indicates the election of new directors and potential adjustments to compensation for certain officers, effective as of September 16, 2024.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in board and executive compensation can sometimes precede or reflect significant strategic shifts or financial performance issues.

Key Players & Entities

FAQ

What specific changes were made to the board of directors?

The filing indicates the election of directors, but the specific names and details of the changes are not provided in this summary section of the 8-K.

What are the details of the compensatory arrangements for certain officers?

The filing notes that compensatory arrangements of certain officers are being reported, but the specific details of these arrangements are not included in the provided text.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on September 16, 2024.

What is the Standard Industrial Classification (SIC) code for United Airlines Holdings, Inc.?

The SIC code for United Airlines Holdings, Inc. is 4512, which corresponds to AIR TRANSPORTATION, SCHEDULED.

Has United Airlines Holdings, Inc. had previous names?

Yes, United Airlines Holdings, Inc. was formerly known as United Continental Holdings, Inc. (name change effective 20100930), UAL Corp /DE/ (name change effective 19920703), and Allegis Corp (name change effective 19880613).

From the Filing

0001104659-24-100708.txt : 20240917 0001104659-24-100708.hdr.sgml : 20240917 20240917170532 ACCESSION NUMBER: 0001104659-24-100708 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240916 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240917 DATE AS OF CHANGE: 20240917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: United Airlines Holdings, Inc. CENTRAL INDEX KEY: 0000100517 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 362675207 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06033 FILM NUMBER: 241305228 BUSINESS ADDRESS: STREET 1: E. ANNA HA - WHQLD STREET 2: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 872-825-4000 MAIL ADDRESS: STREET 1: E. ANNA HA - WHQLD STREET 2: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: United Continental Holdings, Inc. DATE OF NAME CHANGE: 20100930 FORMER COMPANY: FORMER CONFORMED NAME: UAL CORP /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ALLEGIS CORP DATE OF NAME CHANGE: 19880613 8-K 1 tm2424233d1_8k.htm FORM 8-K false 0000100517 true 0000100517 2024-09-16 2024-09-16 0000100517 us-gaap:CommonStockMember 2024-09-16 2024-09-16 0000100517 UAL:PreferredStockPurchaseRightsMember 2024-09-16 2024-09-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): September 16, 2024   UNITED AIRLINES HOLDINGS, INC. (Exact name of registrant as specified in its charter)   Delaware   001-06033   36-2675207 (State or other jurisdiction   (Commission   (IRS Employer of incorporation)   File Number)   Identification Number)   233 S. Wacker Drive , Chicago , IL   60606 (Address of principal executive offices)   (Zip Code)   ( 872 ) 825-4000 Registrant’s telephone number, including area code   (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Registrant   Title of Each Class   Trading Symbol   Name of Each Exchange on Which Registered  United Airlines Holdings, Inc.   Common Stock, $0.01 par value   UAL   The Nasdaq Stock Market LLC United Airlines Holdings, Inc.   Preferred Stock Purchase Rights   None   The Nasdaq Stock Market LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period

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