Form 4: Wheels Up Experience Inc. Executive Mark Briffa Sells Shares
SEC Form 4
Mark Briffa, EVP, Charter & CEO Air Partner at Wheels Up Experience Inc., sold 5,589 shares of Class A Common Stock at an average price of $2.52 on March 13, 2024.
Summary
- On March 13, 2024, Mark Briffa, an executive at Wheels Up Experience Inc., sold 5,589 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $2.52 per share.
- The prices for individual transactions ranged from $2.50 to $2.55.
- Following the transaction, Briffa directly owns 58,471 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret executive stock sales in various ways.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's perspective on the company's future prospects.
Stakeholder Impact
- Shareholders may react to the stock sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of the stock sale transaction |
| 03/15/2024 | Date of signature for the SEC filing |
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