Chatkewitz Alexander 4
4 · Wheels Up Experience Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Wheels Up (UP) CAO Alexander Chatkewitz Withholds 274 Shares
What Happened
Alexander Chatkewitz, Chief Accounting Officer of Wheels Up Experience Inc. (UP), had 274 shares of Class A common stock withheld to satisfy tax liabilities arising from the vesting of restricted stock units. The withholding was recorded at $8.66 per share for a total disposition value of $2,373. This transaction is coded F (tax withholding), not an open-market sale.
Key Details
- Transaction date: 2026-05-26; filing date: 2026-05-28 (timely filing).
- Price per share: $8.66; shares withheld/disposed: 274; total value: $2,373.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Shares were withheld to cover tax liabilities from RSUs granted under the Wheels Up 2021 Long‑Term Incentive Plan (vesting originally reported in a Form 4/A on March 14, 2025).
- F2: Share amounts reflect the company’s 1‑for‑20 reverse stock split effective April 24, 2026.
- Transaction code: F — tax withholding (routine “sell-to-cover”/share withholding to satisfy taxes).
Context
Tax-withholding dispositions for vested RSUs are routine administrative actions and do not necessarily indicate any change in the insider’s view of the company. Unlike purchases, these transactions generally reflect tax obligations rather than a deliberate market sale.
Insider Transaction Report
- Tax Payment
Class A Common Stock, par value $0.0001 per share
[F1][F2]2026-05-26$8.66/sh−274$2,373→ 43,000 total
Footnotes (2)
- [F1]Represents shares of Class A common stock, par value $0.0001 per share, 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 4/A filed with the United States Securities and Exchange Commission on March 14, 2025.
- [F2]Amount of securities has been adjusted to reflect the Issuer's 1-for-20 reverse stock split that occurred on April 24, 2026.