Wheels Up CMO has 529 shares withheld for taxes
Wheels Up Experience Inc. Chief Marketing Officer Kristen Lauria reported routine tax-withholding transactions related to equity compensation.
Rhea-AI Filing Summary
Wheels Up Experience Inc. Chief Marketing Officer Kristen Lauria reported routine tax-withholding transactions related to equity compensation. A total of 529 shares of Class A common stock were withheld at $8.66 per share to cover tax liabilities triggered by the vesting of previously granted restricted stock units under the A&R 2021 Long-Term Incentive Plan. These Form 4 entries reflect shares delivered to satisfy taxes rather than any open-market purchases or sales by Lauria.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock, par value $0.0001 per share | 146 | $8.66 | $1K |
| Exercise Price or Tax Liability | Class A Common Stock, par value $0.0001 per share | 383 | $8.66 | $3K |
Footnotes (2)
- F1. Represents shares of Class A common stock, par value $0.0001 per share ("Common Stock"), of Wheels Up Experience Inc. (the "Issuer") that were withheld for the payment of tax liability arising as a result of the vesting of restricted stock units ("RSUs") granted 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 Amendment No. 2 thereto, effective March 26, 2025, the "A&R 2021 LTIP"), which were originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission ("SEC") on June 7, 2024.
- F2. Represents shares of Common Stock of the Issuer that were withheld for the payment of tax liability arising as a result of the vesting of RSUs granted under the A&R 2021 LTIP, which were originally reported by the Reporting Person in a Form 4/A filed with the SEC on March 14, 2025.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax liability financial
A&R 2021 LTIP financial
Form 4 regulatory
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Wheels Up (UP) executive Kristen Lauria report in this Form 4?
Were these Wheels Up (UP) transactions open-market sales by Kristen Lauria?
What is the source of the restricted stock units involved for Wheels Up (UP)?
Does this Wheels Up (UP) Form 4 indicate any new option exercises by Kristen Lauria?
AI-generated analysis. How Rhea-AI works. Not financial advice.