Wells Meaghan Danielle 4
4 · Wheels Up Experience Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Wheels Up (UP) CGO Meaghan Wells Receives RSU Award
What Happened Meaghan Wells, Chief Growth Officer of Wheels Up Experience Inc. (UP), was granted 829,327 restricted stock units (RSUs) under the company's 2021 Long-Term Incentive Plan. The RSUs were reported as acquired on 2026-02-25 at $0.00 (typical for awards) and will settle into Class A common stock upon vesting. To cover tax withholding related to RSU vesting, 28,956 shares were surrendered/withheld on 2026-02-26 at $0.66 per share, totaling $19,111 (reported as a disposition).
Key Details
- Grant (A): 829,327 RSUs reported 2026-02-25 at $0.00 per share (award, not an open-market purchase).
- Tax withholding (F): 28,956 shares withheld 2026-02-26 at $0.66 per share, proceeds $19,111.
- Vesting schedule (footnote): 1/4 vests on Feb 25, 2027; remaining RSUs vest in 12 equal quarterly installments beginning May 25, 2027, subject to continued service.
- Footnote: RSUs will be settled in common stock upon vesting; the withheld shares were used to pay tax liability and relate to RSUs previously reported on Form 3 (filed June 27, 2025).
- Filing timing: Report filed 2026-02-27 covering transactions on 2026-02-25 and 2026-02-26; filing appears timely (no late filing indicated).
Context This filing records an equity award (RSUs) rather than a cash purchase or open-market sale. RSU grants are routine compensation and vest over time; the tax-withholding disposal is a standard administrative action (not an independent sale signal). No purchase activity or additional sales by the insider are reported in this filing.
Insider Transaction Report
- Award
Class A Common Stock, par value $0.0001 per share
[F1]2026-02-25+829,327→ 1,356,008 total - Tax Payment
Class A Common Stock, par value $0.0001 per share
[F2]2026-02-26$0.66/sh−28,956$19,111→ 1,327,052 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs") under the Wheels Up Experience Inc. 2021 Long-Term Incentive Plan, as amended and restated April 1, 2023 (as amended by Amendment No. 1 thereto, effective April 15, 2024, and Amendment No. 2 thereto, effective March 26, 2025, the "A&R 2021 LTIP"), pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended. The RSUs will be settled in shares of Class A common stock, par value $0.0001 per share ("Common Stock"), of Wheels Up Experience Inc. (the "Issuer") upon vesting, if at all. The RSUs will vest as follows: (i) 1/4th of the RSUs will vest on February 25, 2027; and (ii) the remaining RSUs will vest in 12 equal quarterly installments commencing May 25, 2027, in each case subject to the Reporting Person's continued service to the Issuer.
- [F2]Represents shares of Common Stock that were withheld for the payment of tax liability arising as a result of the vesting of RSUs granted under the A&R 2021 LTIP, which were originally reported by the Reporting Person in a Form 3 filed with the United States Securities and Exchange Commission on June 27, 2025.