Form 4: Wheels Up CDO Sells Shares for Tax Obligation

Wheels Up Experience Inc.'s Chief Digital Officer, David Godsman, disposed of 2,603 shares of Class A Common Stock to cover tax liabilities from vested restricted stock units.

Summary

• David Godsman, Chief Digital Officer of Wheels Up Experience Inc. (UP), reported a transaction on November 26, 2025.
• The transaction involved the disposition of 2,603 shares of Class A Common Stock, par value $0.0001 per share.
• These shares were withheld for the payment of tax liability resulting from the vesting of restricted stock units.
• The restricted stock units were originally reported in a Form 4 filed on June 7, 2024.
• The shares were disposed of at a price of $0.78 per share.
• Following this transaction, David Godsman beneficially owns 934,221 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes, which is a neutral event for company sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction for tax purposes, common across all industries when equity compensation vests. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's view of the company's prospects.

Key Dates

Keywords

Wheels Up Experience Inc., UP, David Godsman, Chief Digital Officer, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Equity Compensation