Form 4: Wheels Up Experience Inc. Chief Legal Officer Laura Heltebran Sells Shares
SEC Form 4 Filing
Laura Heltebran, Chief Legal Officer of Wheels Up Experience Inc., sold 28,413 shares of Class A Common Stock at an average price of $2.54 per share on March 13, 2024.
Summary
- On March 13, 2024, Laura Heltebran, the Chief Legal Officer of Wheels Up Experience Inc., sold 28,413 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $2.54 per share.
- The sales occurred in multiple transactions with prices ranging from $2.54 to $2.55 per share.
- Following the reported transaction, Heltebran beneficially owns 37,707 shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The sale of shares by a company officer may be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of the stock sale transaction |
| 03/15/2024 | Date of signature for the Form 4 filing |
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