UP Form 4: 76,986 shares withheld; officer now holds 973,483
Rhea-AI Filing Summary
Wheels Up Experience Inc. (UP) reported an insider transaction by its Chief Sales Officer. On 10/02/2025, the officer had 76,986 Class A shares withheld at $1.89 per share under transaction code F, which reflects shares withheld to cover taxes upon RSU vesting. Following this event, the officer reported beneficial ownership of 973,483 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 76,986 shares
Net Sell
1 txn
Insider
Briffa Mark
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock, par value $0.0001 per share | 76,986 | $1.89 | $146K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 973,483 shares (Direct)
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Wheels Up (UP) disclose in this Form 4?
An officer reported a transaction on 10/02/2025 with 76,986 shares withheld at $1.89 to cover taxes from RSU vesting.
Who is the reporting person and role at UP?
The reporting person is an officer of Wheels Up with the title Chief Sales Officer.
What does transaction code F indicate?
Code F indicates shares were withheld to satisfy tax liability related to equity vesting.
What was the security involved?
The security was Class A Common Stock, par value $0.0001 per share.
What triggered the tax withholding?
The withholding was due to the vesting of restricted stock units (RSUs).