Lauria Kristen 4
4 · Wheels Up Experience Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Wheels Up (UP) CMO Kristen Lauria Withholds 653 Shares for Taxes
What Happened
Kristen Lauria, Chief Marketing Officer of Wheels Up Experience Inc. (UP), had 653 shares of Class A common stock withheld on May 15, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units. The withholding was recorded at $5.03 per share for a total value of $3,285. This was a tax-withholding disposition (routine) rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-15; reported on Form 4 filed 2026-05-19.
- Shares withheld/disposed: 653 shares at $5.03 per share; total value $3,285.
- Shares owned after transaction: Not reported in the filing.
- Footnotes: F1 — shares withheld to pay tax liability from RSU vesting under the 2021 Long-Term Incentive Plan (original RSUs reported in Form 3 on 2023-06-05). F2 — share amounts reflect the issuer’s 1-for-20 reverse stock split effective April 24, 2026.
- Filing timeliness: Form shows the report date; the filing does not indicate any special program (e.g., 10b5-1) and describes a tax withholding event.
Context
This was a cashless/tax-withholding disposition tied to RSU vesting (code F), which is a routine administrative action and not necessarily an indicator of the officer’s view on the company. For retail investors, purchases by insiders tend to be more informative about insider sentiment than standard tax withholdings.
Insider Transaction Report
- Tax Payment
Class A Common Stock, par value $0.0001 per share
[F1][F2]2026-05-15$5.03/sh−653$3,285→ 82,703 total
Footnotes (2)
- [F1]Represents shares of Class A common stock, par value $0.0001 per share ("Common Stock"), of Wheels Up Experience Inc. (the "Issuer") that were withheld for the payment of tax liability arising as a result of the vesting of restricted stock units granted 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), which were originally reported by the Reporting Person in a Form 3 filed with the U.S. Securities and Exchange Commission on June 5, 2023.
- [F2]Amount of securities has been adjusted to reflect the Issuer's 1-for-20 reverse stock split that occurred on April 24, 2026.