Welcome to our dedicated page for Wheels Up Experience SEC filings (Ticker: UP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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) notice reports a proposed sale of 5,780 common shares acquired as restricted stock on 05/26/2025. The sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE with an approximate aggregate market value of $17,343.47 and an indicated approximate sale date of 08/26/2025. The filing lists 698,798,208 shares outstanding. No sales by the filer in the prior three months are reported. The filer attests they have no undisclosed material adverse information and includes the standard signature and legal warning language.
Form 144 notice for Wheels Up Experience Inc. (UP): The filing notifies a proposed sale of 75,000 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $212,152.50, to be sold on 08/26/2025 on the NYSE. The filer reports acquisition of the to-be-sold shares as restricted stock from the issuer on four dates: 06/01/2025 (14,994 shares), 02/26/2025 (23,940 shares), 06/01/2024 (29,603 shares) and 05/26/2025 (6,463 shares). The filing states no securities were sold by the filer in the past three months and includes the standard representation that the filer is unaware of undisclosed material adverse information. The document is a routine Rule 144 sale notice and provides transaction-level details only.
Alexander Chatkewitz, Chief Accounting Officer of Wheels Up Experience Inc. (UP), reported a sale of 23,959 shares of Class A common stock on 08/15/2025 at a weighted-average price of $1.46 per share. After the transactions, the reporting person beneficially owned 507,462 shares, held directly. The filing notes the shares were sold in multiple transactions at prices ranging from $1.39 to $1.51 and that the reported price is a weighted average; the reporting person offers to provide details on the number of shares sold at each separate price upon request. The form identifies the reporting person as an officer (Chief Accounting Officer) and reports the sale as a standard non-derivative disposition.
Wheels Up Experience Inc. (UP) filing a Form 144 notifies a proposed sale of restricted common stock. The notice identifies 23,959 shares to be sold through Morgan Stanley Smith Barney LLC with an aggregate market value of $34,946.60. The filer reports acquiring these shares as restricted stock on 06/05/2025, with payment dated the same day. The approximate sale date is listed as 08/15/2025 and the securities are listed on the NYSE. Total shares outstanding are reported as 698,798,208. No securities were sold by the filer in the prior three months according to this notice.
Wheels Up Experience Inc. (UP) Q2-25 10-Q key takeaways
- Revenue fell 3.4% YoY to $189.6 million; 1H-25 revenue down 6.7% to $367.2 million.
- Profitability improving: quarterly net loss narrowed to $82.3 million (-15.1% YoY); loss per share improved to $(0.12). Gross margin climbed to 8.3% vs. 2.3% a year ago.
- Cost discipline: cost of revenue declined 9.2% YoY; technology, G&A and depreciation also trended lower. A $20.2 million right-of-use impairment hit Q1 numbers.
- Liquidity: cash & cash equivalents dropped to $107.0 million from $216.4 million at year-end; operating cash burn was $110.8 million in 1H-25. Deferred revenue remains sizable at $727.1 million, reflecting prepaid flight hours and memberships.
- Leverage: total debt stands at $770.5 million; interest expense rose 32% YoY to $22.1 million for the quarter. Shareholders’ equity is negative $347.8 million.
- Subsequent event: on 7 Aug 2025 the company agreed to sell three non-core service units for ~$20 million cash, closing expected in Q3-25.
Management continues to pursue fleet modernization, divestitures and cost reductions while relying on large prepaid balances and revolving facilities to fund operations.
Wheels Up Experience Inc. (UP) – Form 3 Insider Filing: The filing discloses the initial beneficial ownership of Meaghan Danielle Wells, newly-appointed Chief Growth Officer. As of the 06/17/2025 event date, Wells beneficially owns 594,708 Class A common shares, all in the form of unvested Restricted Stock Units (RSUs).
The RSUs were granted on two dates:
- 204,082 RSUs on 11/04/2024, vesting in three equal tranches on 11/04/2025, 2026 and 2027.
- 390,626 RSUs on 02/26/2025, vesting 25 % on 02/26/2026 with the remainder in 12 equal quarterly installments beginning 05/26/2026.
No derivative securities, options, or indirect ownership were reported. The filing is routine, provides transparency on insider equity alignment, and does not announce any transactions affecting the public float or earnings outlook.