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 from vesting restricted stock units.
Summary
- On May 15, 2025, Kristen Lauria, the Chief Marketing Officer of Wheels Up Experience Inc., reported a transaction involving Class A Common Stock.
- Lauria disposed of 13,059 shares at a price of $1.6 per share to cover tax liabilities.
- Following the transaction, Lauria directly owns 1,037,619 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock transaction for tax purposes.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 5, 2023 | Date of original Form 3 filing reporting restricted stock units. |
| May 15, 2025 | Date of transaction: disposition of shares for tax liability. |
| May 16, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Wheels Up Experience Inc., Kristen Lauria, Stock Transaction, Beneficial Ownership, Class A Common Stock, Tax Liability, Restricted Stock Units
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