Form 4: Wheels Up CMO Kristen Lauria Disposes of Shares for Tax Obligations Following RSU Vesting

Wheels Up Experience Inc.'s Chief Marketing Officer, Kristen Lauria, reported the disposition of 2,901 shares of Class A Common Stock to cover tax liabilities associated with the vesting of restricted stock units.

Summary

• Kristen Lauria, Chief Marketing Officer of Wheels Up Experience Inc. (UP), reported a transaction on May 26, 2025.
• The transaction involved the disposition of 2,901 shares of Class A Common Stock, par value $0.0001 per share.
• These shares were withheld at a price of $1.68 per share for the payment of tax liability.
• The tax liability arose as a result of the vesting of restricted stock units (RSUs) that were originally reported in a Form 4 filing on June 7, 2024.
• Following this transaction, Ms. Lauria beneficially owns 1,034,718 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine withholding of shares for tax purposes upon the vesting of restricted stock units, which is a standard compensation event and does not indicate a positive or negative sentiment regarding the company's performance or outlook.

Positives

• The transaction represents a routine compliance action related to the vesting of restricted stock units, indicating the fulfillment of compensation agreements for the Chief Marketing Officer.

Negatives

• The transaction involved the disposition of 2,901 shares, which reduces the direct ownership stake of the Chief Marketing Officer, though this is for tax purposes and not a discretionary sale.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing details a routine insider transaction related to equity compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction is a routine insider disclosure and is unlikely to have a significant direct impact on the broader shareholder base.
• Employees: The transaction reflects standard equity compensation practices, which may be relevant to employees with similar compensation structures.

Key Dates

Keywords

Wheels Up Experience Inc., UP, SEC Form 4, insider transaction, restricted stock units, RSU vesting, tax withholding, equity compensation, stock disposition, corporate officer, Kristen Lauria