Form 4: Wheels Up Chief Digital Officer Reports Routine Stock Transaction for Tax Withholding

Wheels Up Experience Inc.'s Chief Digital Officer, David Godsman, reported a routine disposition of 2,602 Class A Common Stock shares at $1.68 each for tax liability related to restricted stock unit vesting.

Summary

• David Godsman, Chief Digital Officer of Wheels Up Experience Inc. (UP), reported a transaction on May 26, 2025.
• The transaction involved the disposition of 2,602 shares of Class A Common Stock, par value $0.0001 per share.
• These shares were withheld at a price of $1.68 per share to cover tax liabilities arising from the vesting of restricted stock units (RSUs).
• Following this transaction, Mr. Godsman beneficially owns 1,066,276 shares of Class A Common Stock.
• The original restricted stock units were reported in a Form 4 filing on June 7, 2024.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary insider transaction (tax withholding upon RSU vesting) and does not contain information that would significantly alter the company's financial outlook or operational status.

Related Party Transactions

• This is a routine insider transaction involving the disposition of shares by a corporate officer to satisfy tax obligations related to compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine, non-discretionary transaction for tax purposes, not a sale initiated by the officer for personal liquidity or a reflection of company performance.

Key Dates

Keywords

Wheels Up Experience Inc., UP, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, restricted stock units, RSU vesting, David Godsman, Chief Digital Officer