Form 4: Wheels Up Experience Inc. Executive Kristen Lauria Reports Stock Transaction
SEC Form 4 Filing
Kristen Lauria, Chief Marketing Officer of Wheels Up Experience Inc., reports disposition of shares to cover tax obligations.
Summary
- On May 16, 2024, Kristen Lauria, the Chief Marketing Officer of Wheels Up Experience Inc., reported a transaction involving Class A Common Stock.
- A total of 12,684 shares were disposed of at a price of $2.71 per share to cover tax liabilities.
- Following the transaction, Lauria directly owns 112,316 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is typical for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 5, 2023 | Date of original Form 3 filing reporting restricted stock units. |
| May 16, 2024 | Date of transaction: disposition of shares for tax liability. |
| May 17, 2024 | Date of signature on the Form 4 filing. |
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