Form 4: Wheels Up Experience Inc. Chief Legal Officer Reports Tax Liability Share Withholding
SEC Form 4 Filing
Laura Heltebran, Chief Legal Officer of Wheels Up Experience Inc., reports the withholding of 4,541 shares to cover tax liabilities arising from vesting restricted stock units.
Summary
- On February 26, 2024, Laura Heltebran, Chief Legal Officer of Wheels Up Experience Inc., had 4,541 shares of Class A Common Stock withheld to cover tax liabilities.
- This transaction occurred following the vesting of restricted stock units previously reported on June 2, 2023.
- Following the transaction, Heltebran directly owns 62,353 shares of Wheels Up Experience Inc.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of original Form 4 filing reporting restricted stock units. |
| February 26, 2024 | Date of transaction: withholding of shares for tax liability. |
| February 27, 2024 | Date of signature for the Form 4 filing. |
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