Wheels Up (UP) CPO Brian Kedzior Sells 410 Shares
$UP · Wheels Up Experience Inc.Research Summary
AI-generated summary of this SEC filing
Wheels Up (UP) CPO Brian Kedzior Sells 410 Shares
What Happened
Brian Joseph Kedzior, Chief People Officer of Wheels Up Experience Inc. (UP), had a total of 410 shares of Class A common stock disposed on 2026-08-26 as tax withholding related to the vesting of restricted stock units (RSUs). The shares were recorded at $5.06 per share (105 shares = $531; 305 shares = $1,543), for a combined value of approximately $2,074. This was a tax-withholding disposition (reporting code F), not an open-market sale.
Key Details
- Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (timely filing).
- Price per share: $5.06. Total shares disposed: 410. Total value ≈ $2,074.
- Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs.
- Footnotes: Withheld shares relate to RSUs granted under the A&R 2021 Long-Term Incentive Plan; original awards were reported in prior Form 4 filings (June 7, 2024 and Form 4/A March 14, 2025).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
This was a routine tax-withholding event tied to RSU vesting (a common administrative disposition) rather than an intentional open-market sale or purchase. Such withholding transactions generally do not indicate a change in insider sentiment about the company’s stock.