Chatkewitz Alexander 4
4 · Wheels Up Experience Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Wheels Up (UP) CAO Alexander Chatkewitz Withholds 188 Shares
What Happened
Alexander Chatkewitz, Chief Accounting Officer of Wheels Up Experience Inc. (UP), had 188 shares of Class A common stock withheld to satisfy tax withholding related to the vesting of restricted stock units. The shares were valued at $7.20 each for a total of $1,354. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (timely — within two business days).
- Disposition: 188 shares withheld at $7.20 per share; total value ~$1,354.
- Shares owned after transaction: not specified in the filing.
- Footnote: Withholding relates to RSUs granted under the Wheels Up 2021 Long-Term Incentive Plan (amended multiple times through March 31, 2026); the underlying award was originally disclosed in the Reporting Person’s Form 3 (filed 9/11/2024).
- Transaction code: F = payment of exercise price or tax liability (i.e., shares withheld to pay taxes).
Context
This is a routine tax-withholding event following RSU vesting (often called “sell/withhold to cover”) and generally does not indicate a change in the insider’s view of the company. Purchases or open-market sales are typically more informative about insider sentiment.
Insider Transaction Report
- Tax Payment
Class A Common Stock, par value $0.0001 per share
[F1]2026-06-05$7.20/sh−188$1,354→ 42,812 total
Footnotes (1)
- [F1]Represents shares of Class A common stock, par value $0.0001 per share, of Wheels Up Experience Inc. 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, Amendment No. 2 thereto, effective March 26, 2025, and Amendment No. 3 thereto, effective March 31, 2026), which were originally reported by the Reporting Person in a Form 3 filed with the United States Securities and Exchange Commission on September 11, 2024.