Wheels Up Experience Inc. filings document the public-company disclosures of an on-demand private aviation provider, including operating results, financial condition, fleet modernization, membership and charter activity, and non-GAAP performance measures reported with earnings materials. Current reports also cover Regulation FD releases, material agreements, and capital-structure matters tied to its common stock, warrants, and equity incentive arrangements.
The company’s proxy and 8-K filings address board composition, director elections, executive compensation votes, auditor ratification, long-term incentive plan matters, and amendments to governing documents. Recent capital-structure disclosures include the completed reverse stock split, authorized-share reduction, related amendments to the Wheels Up Partners Holdings LLC agreement, security-holder rights, and NYSE continued-listing compliance matters.
Wheels Up Experience Inc. (UP) filed its Q3 2025 10‑Q, reporting revenue of $185.5 million versus $193.9 million a year ago and a net loss of $83.7 million versus $57.7 million. For the nine months, revenue was $552.7 million versus $587.3 million, with a net loss of $265.3 million versus $252.1 million.
Interest expense rose to $23.5 million in the quarter (from $16.0 million), contributing to an operating loss of $61.3 million. Cash and cash equivalents were $125.3 million and restricted cash was $30.5 million as of September 30, 2025; operating cash use was $147.9 million year‑to‑date. Deferred revenue stood at $711.2 million, largely prepaid flight balances.
The company raised $47.6 million net via its $50 million ATM program by issuing 21.2 million shares in Q3. It also completed the sale of certain non‑core services businesses for $21.5 million net proceeds, recognizing a $1.8 million gain. Gross debt totaled $766.5 million (including a $484.2 million term loan at 10% and $282.4 million of revolving equipment notes). Shares outstanding were 721,707,858 as of November 3, 2025.
Wheels Up Experience Inc. (UP) furnished an update on its business by releasing a press release and investor letter with financial results for the quarter ended September 30, 2025. These materials are included as Exhibits 99.1 (Earnings Release) and 99.2 (Investor Letter) to a Form 8-K.
The company states this information is being furnished under Item 2.02 and is not deemed “filed” under the Exchange Act, which limits Section 18 liability and incorporation by reference unless specifically noted.
Wheels Up Experience Inc. (UP) reported an insider transaction by its Chief Marketing Officer. On 10/02/2025, 43,185 shares of Class A common stock were withheld at $1.89 per share to cover taxes from the vesting of previously reported restricted stock units.
Following this tax withholding, the officer beneficially owns 988,632 shares, held directly. The filing reflects an administrative, non‑open‑market transaction tied to equity award vesting.
Wheels Up Experience Inc. (UP) reported an insider tax‑withholding transaction. On 10/02/2025, Chief People Officer Brian Joseph Kedzior had 39,981 shares of Class A common stock withheld at $1.89 per share (Transaction Code F) to satisfy taxes from the vesting of previously reported RSUs.
Following this transaction, the reporting person beneficially owns 794,347 shares, held directly. The filing notes the withholding was tied to RSU vesting and does not reflect an open‑market purchase or sale.
Wheels Up Experience Inc. (UP) — insider transaction: Chief Operating Officer David L. Holtz reported a Form 4 transaction on 10/02/2025. The filing shows an F code event for Class A common stock, meaning 45,035 shares were withheld at $1.89 per share to cover taxes triggered by the vesting of restricted stock units. Following this tax withholding, the insider beneficially owns 909,219 shares, held directly.
The explanation confirms the shares were withheld to satisfy tax liability upon RSU vesting originally reported in a prior filing. This reflects administrative equity settlement activity rather than an open-market trade.
David Godsman, identified as Chief Digital Officer, reported a transaction on 10/02/2025 that reduced his direct holdings of Wheels Up Experience Inc. (UP). The filing shows 39,891 shares of Class A common stock were disposed of at a price of $1.89 per share. The filing explains these shares were withheld to pay tax liabilities arising from the vesting of restricted stock units originally reported on 10/04/2024. After the transaction, the reporting person beneficially owned 936,824 shares, held directly. The Form 4 is signed on behalf of Mr. Godsman by an attorney-in-fact on 10/03/2025.
Wheels Up Experience Inc. (UP) disclosed an insider transaction by its Chief Accounting Officer. On 10/02/2025, the officer reported a Code F transaction, indicating 21,192 shares of Class A common stock were withheld at $1.89 per share to cover taxes from restricted stock unit vesting. Following this withholding, the officer beneficially owns 482,874 shares, held directly.
Wheels Up Experience Inc. (UP) reported an insider transaction by its Chief Sales Officer. On 10/02/2025, the officer had 76,986 Class A shares withheld at $1.89 per share under transaction code F, which reflects shares withheld to cover taxes upon RSU vesting. Following this event, the officer reported beneficial ownership of 973,483 shares, held directly.
Wheels Up Experience Inc. disclosed amendments to its Investor Rights Agreement that extend resale restrictions on certain holders' Class A common stock. The Lead Investors agreed to extend the lock-up on all of their shares issued under the agreement through May 22, 2026, subject to limited exceptions for transfers to permitted transferees. The Additional Investors agreed to extend the lock-up on 29% of their shares through January 2, 2026, with specified timing windows, volume limits and a stated minimum per-share price for any permitted transfers as set forth in the amendment.
The amendment is filed/furnished with the Form 8-K and is signed by CEO George Mattson on behalf of the company.
Insider reported tax-withholding sale tied to RSU vesting. Matthew J. Knopf, identified as Chief Legal Officer and a director of Wheels Up Experience Inc. (UP), reported a transaction dated 09/09/2025 in which 87,471 shares of Class A common stock were disposed at a price of $2.22 per share. After the reported disposition, Mr. Knopf beneficially owned 1,211,010 shares.
The filing explains the shares were withheld to pay tax liabilities arising from the vesting of restricted stock units originally reported in a Form 4 filed on September 11, 2024. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Knopf on 09/11/2025.