4/A: Wheels Up Executive Corrects Stock Transaction Details in Amended SEC Filing
SEC Filing Amendment
Laura Heltebran, Chief Legal Officer of Wheels Up Experience Inc., files an amendment to a previous Form 4 to correct the number of Class A common stock shares withheld for tax liability.
Summary
- Laura Heltebran, Chief Legal Officer of Wheels Up Experience Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the number of Class A common stock shares reported on a previous filing from September 20, 2023.
- The correction pertains to shares withheld for payment of tax liability arising from the vesting of restricted stock units.
- The number of shares disposed of was revised from 5,390 to 1,623.
- The number of shares beneficially owned following the transaction was revised from 69,255 to 73,022.
- The transaction date was September 18, 2023, with a price of $3.04 per share.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is part of the standard regulatory requirements for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/18/2023 | Date of the transaction involving Class A Common Stock. |
| 09/20/2023 | Date of the original Form 4 filing that was amended. |
| 03/15/2024 | Date of the amended filing. |
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