Wells Meaghan Danielle 4
4 · Wheels Up Experience Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Wheels Up (UP) CGO Meaghan Wells Withholds 298 Shares for Taxes
What Happened
- Meaghan Danielle Wells, Chief Growth Officer of Wheels Up Experience Inc. (UP), had 298 shares of Class A common stock withheld to satisfy tax liability arising from the vesting of restricted stock units (RSUs). The shares were valued at $8.66 each for a total of $2,581. This is a routine tax-withholding disposition (not a market sale intended as an investment signal).
Key Details
- Transaction date: 2026-05-26; Filing date (Form 4): 2026-05-28 (filed within the typical 2-business-day window).
- Disposition: 298 shares withheld (code F — payment of tax liability); price per share: $8.66; total value: $2,581.
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnotes:
- F1: Withholding relates to RSUs granted under the Wheels Up 2021 Long‑Term Incentive Plan (amended), originally reported in a Form 3 on June 27, 2025.
- F2: Share amounts reflect the issuer’s 1-for-20 reverse stock split effective April 24, 2026.
- Timeliness: Filing appears timely (reported two days after the transaction).
Context
- This transaction is a tax-withholding event tied to RSU vesting (a common cashless method where shares are withheld to cover required taxes). Such withholdings are administrative and do not necessarily indicate insider sentiment about the company’s stock.
Insider Transaction Report
Form 4
Wells Meaghan Danielle
Chief Growth Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.0001 per share
[F1][F2]2026-05-26$8.66/sh−298$2,581→ 66,053 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 3 filed with the United States Securities and Exchange Commission on June 27, 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.
Signature
/s/ Oliver Fankhauser as attorney-in-fact for Meaghan Danielle Wells|2026-05-28