Wheels Up Experience (UP) CEO adds 26,316 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,316 shares ($138,005)
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, null)
Footnotes (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. 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. 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
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.