4/A: Wheels Up Executive Alexander Chatkewitz Corrects Stock Grant Details in Amended SEC Filing

Alexander Chatkewitz, Chief Accounting Officer of Wheels Up Experience Inc., files an amendment to a previous SEC Form 4 to correct the number of restricted stock units (RSUs) granted.

Summary

• Alexander Chatkewitz, Chief Accounting Officer of Wheels Up Experience Inc., filed an amended SEC Form 4.
• The amendment corrects the number of restricted stock units (RSUs) granted on February 26, 2025, which was originally reported on a Form 4 filed on February 28, 2025.
• The number of RSUs granted was revised from 182,292 shares to 218,750 shares.
• Consequently, the total number of shares beneficially owned following the reported transaction was revised from 508,504 shares to 544,962 shares.
• The RSUs vest as follows: 1/4th on February 26, 2026, and the remaining in 12 equal quarterly installments starting May 26, 2026, subject to continued service.

Sentiment

Score: 5

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. It doesn't suggest any positive or negative implications for the company's performance.

Future Outlook

The RSUs will vest over time, subject to the Reporting Person's continued service to the Issuer.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the equity holdings of company insiders.

Stakeholder Impact

• Shareholders benefit from accurate reporting of executive stock ownership.

Key Dates