FARAH ROGER N 4

4 · Wheels Up Experience Inc. · Filed Jun 10, 2026

AI-generated summary of this filing

Updated Jun 11, 2026

Wheels Up (UP) Director Roger Farah Receives 24,305 RSU Award

What Happened

Roger Farah, a director of Wheels Up Experience Inc. (ticker: UP), was granted 24,305 restricted stock units (RSUs) on June 9, 2026. The RSUs were recorded at $0.00 (a typical notation for equity awards) and will be settled in shares of Class A common stock upon vesting. This is an equity award (A = Award/Grant), not an open-market purchase or sale.

Key Details

Transaction date: 2026-06-09; Form 4 filed: 2026-06-10 (appears timely).
Award amount: 24,305 RSUs; grant price shown as $0.00 (RSU grant, not a cash transaction).
Vesting schedule: four equal quarterly installments on Sep 9, 2026; Dec 9, 2026; Mar 9, 2027; and the earlier of (a) Jun 9, 2027 or (b) the date of the next annual meeting of stockholders following Jun 9, 2027, subject to continued service.
Plan/footnote: RSUs granted under the Wheels Up 2021 Long-Term Incentive Plan (as amended); granted pursuant to Rule 16b-3. The RSUs convert to shares upon vesting.
Shares owned after the transaction: not specified in the provided filing excerpt.

Context

RSU grants are a form of compensation for executives and directors and are settled in shares only after vesting and any applicable conditions are met; they are not the same as a purchase (which may indicate a direct bullish bet) or a sale.
No 10b5-1 plan, tax-withholding sale, or immediate cashless exercise was reported in this filing.

Form 4

Period: 2026-06-09

Director

Transactions

Award
Class A Common Stock, par value $0.0001 per share
[F1]
2026-06-09+24,305→ 24,305 total

Footnotes (1)

[F1]Represents a grant of restricted stock units ("RSUs") 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), pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended. The RSUs will be settled in shares of Class A common stock, par value $0.0001 per share, of Wheels Up Experience Inc. (the "Issuer") upon vesting, if at all. The RSUs will vest in four equal quarterly installments on each of (i) September 9, 2026, (ii) December 9, 2026, (iii) March 9, 2027, and (iv) upon the earlier to occur of (a) June 9, 2027 or (b) the date of the next annual meeting of stockholders of the Issuer following June 9, 2027, in each case subject to the Reporting Person's continued service to the Issuer.

Signature

/s/ Oliver Fankhauser as attorney-in-fact for Roger N. Farah|2026-06-10

1 file