Wheels Up (NYSE: UP) Chief Sales Officer reports 5,127-share tax withholding
Rhea-AI Filing Summary
Wheels Up Experience Inc. officer reports tax-share withholding
Wheels Up Experience Inc.'s Chief Sales Officer reported a routine share transaction involving the company’s Class A common stock. On 11/26/2025, 5,127 shares were withheld at a price of $0.78 per share to cover tax obligations arising from the vesting of previously granted restricted stock units. After this withholding, the officer beneficially owned 861,543 shares directly. This type of transaction reflects tax settlement on equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,127 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 | 5,127 | $0.78 | $4K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 861,543 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 June 7, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Wheels Up (UP) disclose in this Form 4?
The Chief Sales Officer of Wheels Up Experience Inc. reported a routine transaction where shares of Class A common stock were withheld to satisfy tax obligations from vesting restricted stock units.
Was this Wheels Up (UP) insider transaction an open-market trade?
No. The filing explains that the reported shares represent stock withheld to pay taxes arising from the vesting of restricted stock units, rather than an open-market purchase or sale.
What is the role of the reporting person at Wheels Up (UP)?
The reporting person is identified as an officer of Wheels Up Experience Inc., serving as the company’s Chief Sales Officer.