Chatkewitz Alexander 4

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.