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. Chief Accounting Officer Alexander Chatkewitz reported a small, routine share disposition tied to equity compensation. On the RSU vesting date, 274 shares of Class A common stock were withheld at $8.66 per share to cover tax liability from previously granted restricted stock units.
After this tax-withholding event, Chatkewitz directly held 43,000 shares of Class A common stock. The filing also notes that amounts have been adjusted for the company’s 1-for-20 reverse stock split that occurred on April 24, 2026.
Wheels Up Experience Inc. Chief Sales Officer Mark Briffa reported two tax-withholding dispositions of Class A common stock tied to vested restricted stock units. A total of 903 shares were withheld at $8.66 per share to cover tax liabilities arising from prior RSU grants under the company’s long-term incentive plan.
Following these non-market transactions, Briffa directly holds 81,100 shares of Class A common stock. The filings reflect routine equity compensation tax handling rather than open-market buying or selling activity.
Wheels Up Experience Inc. updated investors on two major capital and shareholder actions. Its subsidiary closed a new $68.0 million Series B Revolving Equipment Notes Facility, generating about $64.3 million in net cash proceeds to support general corporate needs and growth of its Bombardier Challenger 300 and Embraer Phenom 300 fleets.
The Series B facility, bearing interest at 5.97% per annum and maturing on November 23, 2027, is secured by liens on 42 owned aircraft and lifts total revolving equipment borrowing capacity to $400.0 million. There is no scheduled principal amortization, and repaid principal related to certain aircraft can be re-borrowed before maturity.
Separately, lead investor Delta Air Lines extended the lock-up on all its Wheels Up shares issued under their investment agreement by one year to May 22, 2027. Around 35.6% of outstanding common shares held by Delta as of the amendment date remain restricted. The company also continues to pursue an expected $100.0 million unsecured term loan from its lead lenders.
Wheels Up Experience Inc. is registering for resale 14,814,357 shares of Class A common stock by existing investors under a shelf registration, reflecting shares reported as beneficially owned as of the close of trading on May 15, 2026. The shares are being offered for resale by the Selling Securityholders; the company will not receive proceeds from those resales. The prospectus notes the shares were originally issued under the Investor Rights Agreement in 2023 and 2024 and that the resale may occur publicly or in private transactions. The prospectus also discloses a reported last sale price of $7.97 per share on May 21, 2026.
Wheels Up Experience Inc. director and Chief Executive Officer George N. Mattson reported an open-market purchase of the company’s Class A Common Stock. On May 18, 2026, he bought 1,475 shares at a weighted average price of $5.56 per share in multiple transactions priced between $5.46 and $5.60.
Following this transaction, Mattson directly owns 27,791 shares of Wheels Up Class A Common Stock. The filing notes that detailed breakdowns of the individual trade prices within this range are available upon request.
Wheels Up Experience Inc. Chief Marketing Officer Kristen Lauria reported a routine tax-withholding transaction related to equity compensation. On this Form 4, 653 shares of Class A common stock were withheld at $5.03 per share to cover tax liability from vested restricted stock units under the company’s 2021 Long-Term Incentive Plan.
After this withholding, Lauria directly holds 82,703 shares of Class A common stock, adjusted for the company’s 1-for-20 reverse stock split that occurred on April 24, 2026. This filing reflects compensation-related share withholding rather than an open-market purchase or sale.
Wheels Up Experience Inc. Chief Sales Officer Mark Briffa reported an open-market sale of 3,804 shares of Class A common stock on May 13, 2026 at a weighted average price of $4.99 per share. After this transaction, he directly holds 82,003 shares. Share amounts reflect the company’s 1-for-20 reverse stock split that occurred on April 24, 2026.
Wheels Up Experience Inc. director and Chief Executive Officer George N. Mattson reported open-market purchases of Class A common stock over three consecutive days. He bought 14,983 shares on May 13, 1,304 shares on May 14, and 10,029 shares on May 15 at weighted average prices around the mid-$5 range. Following these transactions, he directly owns 26,316 Class A common shares.
Wheels Up Experience Inc. reported first-quarter 2026 results and announced new financing. Revenue was $168.9 million, down 5% year over year, while net loss was $83.0 million or $(2.29) per share. Total Gross Bookings reached $267.2 million, up 10%, driven by charter growth, but Adjusted Contribution Margin fell to 8.7%.
The company posted an Adjusted EBITDAR loss of $18.3 million, a slight improvement, while net cash used in operating activities rose to $99.6 million. Operationally, Wheels Up completed its fleet modernization, now operating only Phenom and Challenger jets, and improved Completion Rate to 98.9% and On-Time Performance (A‑30) to 82.7%, with a 3+ hour delay rate of 2.0%.
Capital structure is being reshaped through a $100 million unsecured three‑year PIK term loan from a Delta‑led lender group, with capacity for an additional $100 million and an upsized aircraft financing facility. These facilities are expected to add about $165 million of liquidity to support fleet investment and multi‑year growth plans.