Chatkewitz Alexander 4

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.