I need help with this one...

[scooter2]

Page 38, Section 44, Art. 2 reads as follows:
A player who catches the ball while moving or dribbling, may stop, and establish a pivot foot as follows:
a. If both feet are off the floor and the player lands:
1 Simultaneously on both feet, either foot may be the pivot.

The situation I saw was as follows:
Player A was leading the break and came to a jump stop with BOTH feet hitting simultaneously at the foul line. He was going to pass, but instead opted not to, and reverse pivoted before passing the ball back outside to a teammate. The referee called traveling on Player A.

The rule seems to state that this should NOT have been traveling. Is this traveling or not?