Lauria Kristen 4

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.