Form 4: Wheels Up Officer Sells Shares for Tax

Wheels Up Chief Accounting Officer Alexander Chatkewitz disposed of 3,432 shares of Class A Common Stock to cover tax liabilities from RSU vesting.

Summary

• Alexander Chatkewitz, Chief Accounting Officer of Wheels Up Experience Inc., reported a transaction involving Class A Common Stock.
• On December 5, 2025, Chatkewitz disposed of 3,432 shares of Class A Common Stock.
• The shares were disposed of at a price of $0.61 per share.
• This transaction was identified with code 'F', indicating shares withheld for payment of tax liability.
• The tax liability arose from the vesting of restricted stock units (RSUs) previously reported in a Form 3 filed on September 11, 2024.
• Following this transaction, Alexander Chatkewitz beneficially owns 479,442 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction (shares withheld for tax liability upon RSU vesting), which is neutral in sentiment and does not indicate positive or negative operational or financial performance.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine insider transaction report, common across all industries, reflecting an executive's management of equity compensation and tax obligations. It does not provide specific insights into broader industry trends or competitive landscape for Wheels Up Experience Inc.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary sale for tax purposes, not an open-market sale indicating a change in management's confidence.
• Employees: No direct impact indicated by this filing.

Key Dates

Keywords

Wheels Up Experience Inc., UP, Alexander Chatkewitz, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, equity compensation