Wheels Up HR chief has 410 shares withheld for taxes
Rhea-AI Filing Summary
Wheels Up Experience Inc. (UP) reported that Chief People Officer Brian Joseph Kedzior had 410 shares of Class A common stock withheld on August 26, 2026 to cover tax liabilities arising from the vesting of previously granted RSUs under the A&R 2021 Long-Term Incentive Plan. These are non-market dispositions classified as code F transactions for tax withholding, not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 410 shares
Tax Withholding
2 txns
Insider
Kedzior Brian Joseph
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock, par value $0.0001 per share F1 | 105 | $5.06 | $531.30 |
| Tax Withholding | Class A Common Stock, par value $0.0001 per share F2 | 305 | $5.06 | $2K |
Holdings After Transaction:
Class A Common Stock, par value $0.0001 per share — 69,605 shares (Direct)
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, Amendment No. 2 thereto, effective March 26, 2025, and Amendment No. 3 thereto, effective March 31, 2026, 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
Shares withheld for taxes (total): 410 shares
Shares withheld for taxes (F1 lot): 105 shares
Shares withheld for taxes (F2 lot): 305 shares
+1 more
4 metrics
Shares withheld for taxes (total)
410 shares
Code F dispositions on August 26, 2026 to pay tax liabilities on RSU vesting
Shares withheld for taxes (F1 lot)
105 shares
Tax withholding for RSUs originally reported on June 7, 2024
Shares withheld for taxes (F2 lot)
305 shares
Tax withholding for RSUs originally reported on March 14, 2025
Tax withholding reference price
$5.06 per share
Applied to both code F transactions on August 26, 2026
Key Terms
restricted stock units, withheld for the payment of tax liability, A&R 2021 LTIP, Form 4
4 terms
restricted stock units financial
"arising as a result of the vesting of restricted stock units ("RSUs") granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld for the payment of tax liability financial
"Represents shares of Common Stock ... that were withheld for the payment of tax liability"
A&R 2021 LTIP financial
"granted under the Wheels Up Experience Inc. 2021 Long-Term Incentive Plan, as amended and restated"
Form 4 regulatory
"originally reported by the Reporting Person in a Form 4 filed"
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 insider transaction did UP report for Brian Joseph Kedzior on August 26, 2026?
UP reported that Brian Joseph Kedzior had 410 shares of Class A common stock withheld on August 26, 2026 to pay tax liabilities related to the vesting of RSUs granted under the A&R 2021 Long-Term Incentive Plan.
Was the August 26, 2026 UP Form 4 transaction an open-market sale?
No. The Form 4 reports code F transactions, meaning shares were withheld by UP to pay tax liabilities from RSU vesting, rather than shares being sold by Brian Joseph Kedzior in the open market.
What plan were the UP RSUs associated with in Brian Kedzior’s Form 4?
The RSUs that vested and triggered the 410-share tax-withholding disposition were granted under the Wheels Up Experience Inc. 2021 Long-Term Incentive Plan, as amended and restated (the “A&R 2021 LTIP”).
Does the August 26, 2026 UP Form 4 indicate use of a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes describe the events solely as tax-withholding for RSU vesting, with no mention of a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.