Wheels Up CAO tax-withholding of 4,240 shares
Wheels Up Experience Inc. Chief Accounting Officer Alexander Chatkewitz reported a tax-withholding disposition of 4,240 shares of Class A common stock on March 5, 2026.
Rhea-AI Filing Summary
Wheels Up Experience Inc. Chief Accounting Officer Alexander Chatkewitz reported a tax-withholding disposition of 4,240 shares of Class A common stock on March 5, 2026. The shares, valued at $0.56 each, were withheld to cover taxes from vesting restricted stock units. After this transaction, Chatkewitz directly owns 865,539 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,240 shares
Exercise Price or Tax Liability
1 txn
Insider
Chatkewitz Alexander
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock, par value $0.0001 per share | 4,240 | $0.56 | $2K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 865,539 shares (Direct)
Footnotes (1)
- F1. Represents shares of Class A common stock, par value $0.0001 per share, of Wheels Up Experience Inc. that were withheld for the payment of tax liability arising as a result of the vesting of restricted stock units under the Wheels Up Experience Inc. 2021 Long-Term Incentive Plan, as amended and restated April 1, 2023 (as amended by Amendment No. 1 thereto, effective April 15, 2024, and as further amended by Amendment No. 2 thereto, effective March 26, 2025), which were originally reported by the Reporting Person in a Form 3 filed with the United States Securities and Exchange Commission on September 11, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Wheels Up (UP) Chief Accounting Officer report in this Form 4?
The Chief Accounting Officer reported a tax-withholding disposition of 4,240 shares of Class A common stock. These shares were withheld to pay taxes on vested restricted stock units granted under the company’s long-term incentive plan.
Was the Wheels Up (UP) insider transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities arising from the vesting of restricted stock units, rather than sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.