Director Sale: Donald Moak Disposes 43,166 UP Shares at $3.11
Rhea-AI Filing Summary
Donald Lee Moak, a director of Wheels Up Experience Inc. (UP), reported a sale of Class A common stock on 08/27/2025. He disposed of 43,166 shares in multiple transactions at a weighted average price of $3.11 per share, with reported trade prices ranging from $3.07 to $3.19. After the sale, the report shows he beneficially owned 180,431 shares. The Form 4 was signed by an attorney-in-fact on 08/28/2025. The filer notes availability of detailed per-price sale information on request.
Positive
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Negative
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Insights
TL;DR: A routine director sale of 43,166 shares at a weighted $3.11, leaving 180,431 shares beneficially owned.
This Form 4 documents a straightforward open-market sale by a company director rather than an option exercise or derivative transaction. The disclosure includes the weighted average sale price and a price range, with the filer offering to provide per-trade details if requested. For investors, this is a compliance filing showing reduced insider ownership but provides no company-operational information.
TL;DR: Disclosure meets Section 16 reporting standards; transaction appears to be a marketed sale, not a Rule 10b5-1 plan.
The filing marks the reporting person as a director and indicates a direct disposition of Class A shares. There is no box checked indicating the sale was made under a 10b5-1 trading plan, and no amendment date was reported. The submission was executed via attorney-in-fact, consistent with routine administrative practice. The filing itself is a governance-level disclosure without material new information about company performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock, par value $0.0001 per share | 43,166 | $3.11 | $134K |
Footnotes (1)
- F1. The price reported in this box in Column 4 is a weighted average price. These shares were sold on August 27, 2025 in multiple transactions at prices ranging from $3.07 to $3.19 per share, inclusive. The Reporting Person undertakes to provide to Wheels Up Experience Inc. (the "Company"), any security holder of the Company, or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
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