Wells Meaghan Danielle 4

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.