Form 4: Wheels Up CGO Sells Shares for Tax Liability

Wheels Up Experience Inc.'s Chief Growth Officer, Meaghan Danielle Wells, disposed of 20,096 shares of Class A Common Stock to cover tax liabilities from restricted stock unit vesting.

Summary

• Meaghan Danielle Wells, Chief Growth Officer of Wheels Up Experience Inc., reported a transaction on November 4, 2025.
• The transaction involved the disposition of 20,096 shares of Class A Common Stock.
• These shares were withheld for the payment of tax liability arising from the vesting of restricted stock units.
• The shares were disposed of at a price of $1.27 per share.
• Following this transaction, Ms. Wells beneficially owns 574,612 shares of Class A Common Stock directly.
• The original restricted stock units were reported in a Form 3 filed on June 27, 2025.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale for tax purposes related to executive compensation, indicating a neutral sentiment regarding the company's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is a routine event related to executive compensation and tax obligations, specific to an individual executive, and does not reflect broader industry trends or competitive dynamics within the private aviation sector.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or company fundamentals.

Key Dates

Keywords

Wheels Up Experience Inc., UP, Meaghan Danielle Wells, Chief Growth Officer, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Equity Compensation