Were the Wheels Up (UP) CEO’s share purchases single trades or multiple trades?

Each day’s reported price is a weighted average, reflecting multiple trades. Footnotes explain that May 13, 14, and 15, 2026 purchases occurred in numerous transactions within specified price ranges, and detailed breakdowns are available on request.

Wheels Up CEO buys 26,316 company shares in May

Wheels Up Experience Inc. director and Chief Executive Officer George N. Mattson reported open-market purchases of Class A common stock over three consecutive days.

Filing Impact

(High)

Filing Sentiment

(Positive)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Wheels Up Experience Inc. director and Chief Executive Officer George N. Mattson reported open-market purchases of Class A common stock over three consecutive days. He bought 14,983 shares on May 13, 1,304 shares on May 14, and 10,029 shares on May 15 at weighted average prices around the mid-$5 range. Following these transactions, he directly owns 26,316 Class A common shares.

Insider Trade Summary

Net Buyer: 26,316 shares

Net Buy 3 txns

Insider Mattson George N

Role Chief Executive Officer

Bought 26,316 shs ($138K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock, par value $0.0001 per share	10,029	$5.13	$51K
Purchase	Class A Common Stock, par value $0.0001 per share	1,304	$5.48	$7K
Purchase	Class A Common Stock, par value $0.0001 per share	14,983	$5.30	$79K

Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 26,316 shares (Direct)

Footnotes (3)

F1. The price reported in this box in Column 4 is a weighted average price. These shares were purchased on May 13, 2026 in multiple transactions at prices per share ranging from $5.23 to $5.30, inclusive. The Reporting Person undertakes to provide to Wheels Up Experience Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2. The price reported in this box in Column 4 is a weighted average price. These shares were purchased on May 14, 2026 in multiple transactions at prices per share ranging from $5.38 to $5.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3. The price reported in this box in Column 4 is a weighted average price. These shares were purchased on May 15, 2026 in multiple transactions at prices per share ranging from $5.05 to $5.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Key Figures

May 13 purchase: 14,983 shares at $5.30 May 14 purchase: 1,304 shares at $5.48 May 15 purchase: 10,029 shares at $5.13 +1 more

4 metrics

May 13 purchase 14,983 shares at $5.30 Open-market buy of Class A common stock on May 13, 2026

May 14 purchase 1,304 shares at $5.48 Open-market buy of Class A common stock on May 14, 2026

May 15 purchase 10,029 shares at $5.13 Open-market buy of Class A common stock on May 15, 2026

Post-transaction holdings 26,316 shares Directly owned Class A common stock after May 15, 2026 trades

Key Terms

open-market purchase, weighted average price, Class A Common Stock, Form 4

4 terms

open-market purchase financial

"transaction_action: "open-market purchase" for each Class A common stock buy"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average price financial

"The price reported in this box in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Class A Common Stock financial

"security_title: "Class A Common Stock, par value $0.0001 per share""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): disclosure of the CEO’s transactions"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Wheels Up (UP) CEO George Mattson report in this Form 4?

George N. Mattson reported buying Class A common stock of Wheels Up in the open market. Across three days in May 2026, he accumulated 26,316 directly owned shares through separate weighted-average price transactions.

How many Wheels Up (UP) shares did the CEO purchase in May 2026?

George N. Mattson purchased a total of 26,316 Wheels Up Class A common shares. The buys occurred on May 13, 14, and 15, 2026, through multiple open-market transactions each day at prices in the mid-$5 range.

At what prices did the Wheels Up (UP) CEO buy his shares?

The reported prices are weighted averages: $5.30 per share on May 13, $5.48 on May 14, and $5.13 on May 15. Each day’s purchases were executed in multiple trades within narrow price ranges around those averages.

How many Wheels Up (UP) shares does the CEO own after these transactions?

After the reported open-market purchases, George N. Mattson directly owns 26,316 Wheels Up Class A common shares. Each transaction’s post-trade balance increased sequentially, culminating in this holding after the May 15, 2026 transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/15/2026 - 05:47 PM EDT

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^*

Mattson George N

(Last)

(First)

(Middle)

C/O WHEELS UP EXPERIENCE INC.

2135 AMERICAN WAY

(Street)

CHAMBLEE

GEORGIA

30341

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Wheels Up Experience Inc. [ UP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, par value $0.0001 per share	05/13/2026		P		14,983	A	$5.3⁽¹⁾	14,983	D
Class A Common Stock, par value $0.0001 per share	05/14/2026		P		1,304	A	$5.48⁽²⁾	16,287	D
Class A Common Stock, par value $0.0001 per share	05/15/2026		P		10,029	A	$5.13⁽³⁾	26,316	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in this box in Column 4 is a weighted average price. These shares were purchased on May 13, 2026 in multiple transactions at prices per share ranging from $5.23 to $5.30, inclusive. The Reporting Person undertakes to provide to Wheels Up Experience Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

2. The price reported in this box in Column 4 is a weighted average price. These shares were purchased on May 14, 2026 in multiple transactions at prices per share ranging from $5.38 to $5.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

3. The price reported in this box in Column 4 is a weighted average price. These shares were purchased on May 15, 2026 in multiple transactions at prices per share ranging from $5.05 to $5.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	/s/ Mark Sorensen as attorney-in-fact for George N. Mattson	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR