Wheels Up Files Form 144 to Sell 23,959 Restricted Shares via Morgan Stanley

Rhea-AI Filing Summary

Wheels Up Experience Inc. (UP) filing a Form 144 notifies a proposed sale of restricted common stock. The notice identifies 23,959 shares to be sold through Morgan Stanley Smith Barney LLC with an aggregate market value of $34,946.60. The filer reports acquiring these shares as restricted stock on 06/05/2025, with payment dated the same day. The approximate sale date is listed as 08/15/2025 and the securities are listed on the NYSE. Total shares outstanding are reported as 698,798,208. No securities were sold by the filer in the prior three months according to this notice.

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice of proposed sale of restricted shares via broker; compliance-focused, not an earnings or corporate-action disclosure.

The filing is a standard Rule 144 notice indicating the holder plans to sell 23,959 restricted common shares acquired on 06/05/2025. The sale is to be executed through Morgan Stanley Smith Barney LLC on or about 08/15/2025. The filer certifies no undisclosed material adverse information. No prior sales in the past three months are reported. From a compliance perspective, the form documents intent to sell and the acquisition basis (restricted stock), meeting disclosure requirements under Rule 144.

Capital Markets Analyst

TL;DR: Small planned sale relative to outstanding shares; informational for market transparency rather than material market-moving news.

The notice reports an aggregate market value of $34,946.60 for the proposed sale against an outstanding share count of 698,798,208, indicating the transaction size is very small in absolute and relative terms. The filing provides the acquisition date and nature (restricted stock on 06/05/2025) and confirms no sales in the prior three months. This document serves to inform the market of a planned disposition under Rule 144 rather than to disclose corporate performance or strategic developments.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	23959	34946.60	698798208	08/15/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/05/2025	Restricted Stock	Issuer			23959	06/05/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Wheels Up's Form 144 say about the shares to be sold?

The filing states a proposed sale of 23,959 common shares with an aggregate market value of $34,946.60.

Who is the broker handling the proposed sale for UP?

The broker named in the notice is Morgan Stanley Smith Barney LLC.

When were the shares acquired and what type were they?

The shares were acquired as restricted stock on 06/05/2025, with payment recorded the same day.

When is the approximate sale date listed in the Form 144?

The approximate date of sale is listed as 08/15/2025.

Does the filer report any sales of the issuer's securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.