STOCK TITAN

[Form 4] Wheels Up Experience Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

David Godsman, identified as Chief Digital Officer, reported a transaction on 10/02/2025 that reduced his direct holdings of Wheels Up Experience Inc. (UP). The filing shows 39,891 shares of Class A common stock were disposed of at a price of $1.89 per share. The filing explains these shares were withheld to pay tax liabilities arising from the vesting of restricted stock units originally reported on 10/04/2024. After the transaction, the reporting person beneficially owned 936,824 shares, held directly. The Form 4 is signed on behalf of Mr. Godsman by an attorney-in-fact on 10/03/2025.

David Godsman, identificato come Chief Digital Officer, ha riportato una transazione il 10/02/2025 che ha ridotto le sue partecipazioni dirette in Wheels Up Experience Inc. (UP). La dichiarazione mostra che sono state dispose 39.891 azioni ordinarie di Classe A al prezzo di 1,89 dollari per azione. La dichiarazione spiega che queste azioni sono state trattenute per pagare le passività fiscali derivanti dal vesting di unità azionarie ristrette originariamente riportate il 04/10/2024. Dopo la transazione, la persona dichiarante possedeva beneficiamente 936.824 azioni detenute direttamente. Il Form 4 è firmato per conto del Signor Godsman da un procuratore-in-fatto il 03/10/2025.

David Godsman, identificado como Director Digital (Chief Digital Officer), reportó una transacción el 10/02/2025 que redujo sus participaciones directas en Wheels Up Experience Inc. (UP). La declaración muestra que se vendieron 39,891 acciones ordinarias de Clase A a un precio de $1,89 por acción. La declaración explica que estas acciones fueron retenidas para pagar obligaciones fiscales derivadas del vesting de unidades de acciones restringidas originalmente reportadas el 04/10/2024. Después de la transacción, la persona reportante poseía beneficiosamente 936.824 acciones, en forma directa. El Form 4 está firmado en nombre del señor Godsman por un apoderado el 03/10/2025.

David GodsmanChief Digital Officer로 식별되며, Wheels Up Experience Inc.의 직접 보유 지분을 감소시킨 2025년 2월 10일 거래를 보고했습니다. 제출 서류에는 클래스 A 보통주 39,891주가 주당 1.89달러의 가격으로 처분되었다고 나와 있습니다. 제출서는 이 주식이 원래 2024년 10월 4일에 보고된 제한 주식 단위의 베스팅으로 인한 세금 부채를 지불하기 위해 보류되었다고 설명합니다. 거래 후 보고자는 직접 보유한 936,824주를 유익하게 소유했습니다. Form 4는 2025년 10월 3일에 Godsman 씨를 대신 서명했습니다.

David Godsman, identifié comme Directeur Digital (Chief Digital Officer), a déclaré une transaction le 10/02/2025 qui a réduit ses avoirs directs en Wheels Up Experience Inc. (UP). Le dépôt indique que 39 891 actions ordinaires de classe A ont été vendues à un prix de 1,89 $ par action. Le dépôt explique que ces actions ont été retenues pour payer des obligations fiscales découlant de l'acquisition des unités d'actions restreintes initialement rapportées le 04/10/2024. Après la transaction, la personne déclarant détenait bénéficiairement 936 824 actions, détenues directement. Le Formulaire 4 est signé au nom de M. Godsman par un mandataire le 03/10/2025.

David Godsman, identifiziert als Chief Digital Officer, meldete eine Transaktion am 10/02/2025, die seine direkten Beteiligungen an Wheels Up Experience Inc. (UP) reduzierte. Die Einreichung zeigt, dass 39.891 Aktien der Klasse A zu einem Preis von 1,89 USD pro Aktie veräußert wurden. Die Einreichung erklärt, dass diese Aktien einbehalten wurden, um Steuerschulden zu begleichen, die aus dem Vesting von Restricted Stock Units entstanden, die ursprünglich am 10/04/2024 gemeldet wurden. Nach der Transaktion besaß die meldende Person beneficial ownership von 936.824 Aktien, direkt gehalten. Das Formular 4 ist im Namen von Herrn Godsman von einem Bevollmächtigten am 10/03/2025 unterschrieben.

ديفيد جودزمان، المشار إليه بصفته المدير الرقمي التنفيذي (Chief Digital Officer)، أبلغ عن صفقة في 10/02/2025 تقلل من حصته المباشرة في Wheels Up Experience Inc. (UP). يظهر الإيداع أن 39,891 سهماً من الفئة A العادية تمت تصفيتها بسعر 1.89 دولاراً للسهم الواحد. يوضح الإيداع أن هذه الأسهم تم حجزها لدفع الالتزامات الضريبية الناتجة عن الاستحقاق للوحدات المقيدة من الأسهم الأصلية التي ذكرت في 10/04/2024. بعد الصفقة، امتلك الشخص المبلغ نيابة عن نفسه 936,824 سهماً بشكل مباشر. تم التوقيع على النموذج 4 نيابة عن السيد Godsman من قبل وكيل قانوني في 10/03/2025.

David Godsman,被确认为 Chief Digital Officer,报告了一笔在 2025/02/10 的交易,减少了他在 Wheels Up Experience Inc.(UP)的直接持股。申报显示以每股 1.89 美元的价格处置了 39,891 股 A 类普通股。申报解释称这些股票被扣留以支付来自原本在 2024/10/04 报告的受限股票单位归属所产生的税务负债。交易后,申报人实际直接持有 936,824 股。Form 4 由 Godsman 先生的代理人在 2025/10/03 签署。

Positive
  • Retained significant stake: Reporting person continues to beneficially own 936,824 shares directly
  • Transaction is administrative: Shares were withheld for tax payment tied to RSU vesting rather than an open-market sale
Negative
  • Shares disposed: 39,891 shares were disposed (withheld) at $1.89 per share to satisfy tax liabilities

Insights

TL;DR: Insider tax-withholding reduced holdings by 39,891 shares; remaining direct stake is 936,824 shares.

The Form 4 documents a routine internal equity settlement where shares were withheld to satisfy a tax obligation from RSU vesting that was originally reported on 10/04/2024. This is a non-dispositive, administrative action rather than an open-market sale.

Because the transaction was recorded as a disposal due to withholding (Transaction Code F), it does not indicate a voluntary cash sale and therefore typically carries limited governance signal about changing insider conviction.

TL;DR: The event reflects RSU vesting tax settlement; price shown is $1.89 per share.

The entry cites withholding of 39,891 shares to cover taxes tied to vested restricted stock units disclosed previously. The transaction price of $1.89 is the reported per-share figure for the withheld shares.

This is an administrative equity-compensation settlement and does not change the quantity of vested awards previously granted; the filing references the original RSU vesting reported on 10/04/2024.

David Godsman, identificato come Chief Digital Officer, ha riportato una transazione il 10/02/2025 che ha ridotto le sue partecipazioni dirette in Wheels Up Experience Inc. (UP). La dichiarazione mostra che sono state dispose 39.891 azioni ordinarie di Classe A al prezzo di 1,89 dollari per azione. La dichiarazione spiega che queste azioni sono state trattenute per pagare le passività fiscali derivanti dal vesting di unità azionarie ristrette originariamente riportate il 04/10/2024. Dopo la transazione, la persona dichiarante possedeva beneficiamente 936.824 azioni detenute direttamente. Il Form 4 è firmato per conto del Signor Godsman da un procuratore-in-fatto il 03/10/2025.

David Godsman, identificado como Director Digital (Chief Digital Officer), reportó una transacción el 10/02/2025 que redujo sus participaciones directas en Wheels Up Experience Inc. (UP). La declaración muestra que se vendieron 39,891 acciones ordinarias de Clase A a un precio de $1,89 por acción. La declaración explica que estas acciones fueron retenidas para pagar obligaciones fiscales derivadas del vesting de unidades de acciones restringidas originalmente reportadas el 04/10/2024. Después de la transacción, la persona reportante poseía beneficiosamente 936.824 acciones, en forma directa. El Form 4 está firmado en nombre del señor Godsman por un apoderado el 03/10/2025.

David GodsmanChief Digital Officer로 식별되며, Wheels Up Experience Inc.의 직접 보유 지분을 감소시킨 2025년 2월 10일 거래를 보고했습니다. 제출 서류에는 클래스 A 보통주 39,891주가 주당 1.89달러의 가격으로 처분되었다고 나와 있습니다. 제출서는 이 주식이 원래 2024년 10월 4일에 보고된 제한 주식 단위의 베스팅으로 인한 세금 부채를 지불하기 위해 보류되었다고 설명합니다. 거래 후 보고자는 직접 보유한 936,824주를 유익하게 소유했습니다. Form 4는 2025년 10월 3일에 Godsman 씨를 대신 서명했습니다.

David Godsman, identifié comme Directeur Digital (Chief Digital Officer), a déclaré une transaction le 10/02/2025 qui a réduit ses avoirs directs en Wheels Up Experience Inc. (UP). Le dépôt indique que 39 891 actions ordinaires de classe A ont été vendues à un prix de 1,89 $ par action. Le dépôt explique que ces actions ont été retenues pour payer des obligations fiscales découlant de l'acquisition des unités d'actions restreintes initialement rapportées le 04/10/2024. Après la transaction, la personne déclarant détenait bénéficiairement 936 824 actions, détenues directement. Le Formulaire 4 est signé au nom de M. Godsman par un mandataire le 03/10/2025.

David Godsman, identifiziert als Chief Digital Officer, meldete eine Transaktion am 10/02/2025, die seine direkten Beteiligungen an Wheels Up Experience Inc. (UP) reduzierte. Die Einreichung zeigt, dass 39.891 Aktien der Klasse A zu einem Preis von 1,89 USD pro Aktie veräußert wurden. Die Einreichung erklärt, dass diese Aktien einbehalten wurden, um Steuerschulden zu begleichen, die aus dem Vesting von Restricted Stock Units entstanden, die ursprünglich am 10/04/2024 gemeldet wurden. Nach der Transaktion besaß die meldende Person beneficial ownership von 936.824 Aktien, direkt gehalten. Das Formular 4 ist im Namen von Herrn Godsman von einem Bevollmächtigten am 10/03/2025 unterschrieben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Godsman David

(Last) (First) (Middle)
C/O WHEELS UP EXPERIENCE INC.
2135 AMERICAN WAY

(Street)
CHAMBLEE GA 30341

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Wheels Up Experience Inc. [ UP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Digital Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.0001 per share 10/02/2025 F 39,891(1) D $1.89 936,824 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld for payment of tax liability arising as a result of the vesting of restricted stock units originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission on October 4, 2024.
/s/ Mark Sorensen as attorney-in-fact for David Godsman 10/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Wheels Up insider David Godsman report on Form 4 (UP)?

The Form 4 reports that on 10/02/2025 39,891 Class A shares were disposed (withheld) at $1.89 per share to pay taxes from RSU vesting.

Why were the 39,891 shares disposed according to the filing?

The filing states the shares were withheld to satisfy a tax liability arising from the vesting of restricted stock units originally reported on 10/04/2024.

How many Wheels Up shares does David Godsman beneficially own after the transaction?

After the reported transaction, the filing shows direct beneficial ownership of 936,824 shares.

Who signed the Form 4 for David Godsman and when?

The Form 4 is signed by Mark Sorensen as attorney-in-fact for David Godsman on 10/03/2025.

Does this Form 4 indicate an open-market sale by the insider?

No. The transaction is coded as a withholding for tax payment related to RSU vesting, not an open-market sale.
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