Form 4: Wheels Up Executive Brian Joseph Kedzior Reports Tax Liability Share Withholding
SEC Form 4 Filing
Brian Joseph Kedzior, Chief People Officer of Wheels Up Experience Inc., reports the withholding of shares to cover tax liabilities arising from vested restricted stock units.
Summary
- On September 9, 2024, Brian Joseph Kedzior, Chief People Officer of Wheels Up Experience Inc., had 586 shares of Class A Common Stock withheld to cover tax liabilities.
- The shares were withheld at a price of $1.97 per share.
- Following the transaction, Kedzior directly owns 134,634 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves the withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of original Form 3 filing reporting restricted stock units. |
| 09/09/2024 | Date of the transaction where shares were withheld for tax liability. |
| 09/11/2024 | Date of signature for the Form 4 filing. |
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