EVP & Chief Operations Officer Torbjorn J Enqvist sold 20,000 shares of United Airlines (UAL) at $92.22 on 2025-07-18.
Enqvist, EVP & Chief Operations Officer, executed an open-market sale of 20,000 shares (20.0K shares) at $92.22, reducing his holdings by 24.3% to 62.4K shares. His cross-ticker track record shows one prior sell with an average 90-day return of +45.8% (poorly timed, as the stock rose after the sale), and at UAL specifically, his single prior sale on 2024-10-17 similarly showed +45.8% 90-day returns—indicating a pattern of selling before gains materialize. Currently, UAL trades at $90.78, down 17.9% from its 52-week high of $110.52, though up 22.2% over 30 days and 33.4% over 90 days. The company reports a low P/E of 8.87 with recent quarterly revenue of $15.2B and net income of $973.0M. The timing pattern does not suggest foresight into imminent declines; rather, both prior sales were followed by substantial gains, suggesting a historical pattern of selling into strength.