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STOCK TITAN

[Form 4] Wheels Up Experience Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

David Godsman, Chief Digital Officer and director of Wheels Up Experience Inc. (UP), reported transactions on 08/26/2025. The filing discloses two non-derivative transactions: 2,602 shares were withheld to satisfy tax obligations arising from the vesting of previously reported restricted stock units; and the Reporting Person sold 75,000 shares in multiple transactions at a weighted average price of $2.83 per share (sales ranged $2.81�$2.94). Ownership following the reported transactions is shown as 976,715 shares beneficially owned. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Godsman on 08/28/2025.

David Godsman, Chief Digital Officer e membro del consiglio di Wheels Up Experience Inc. (UP), ha comunicato operazioni il 26/08/2025. La comunicazione riporta due operazioni non derivate: 2.602 azioni sono state trattenute per coprire le imposte dovute in relazione alla vesting di unità di azioni ristrette precedentemente segnalate; e la Persona Segnalante ha venduto 75.000 azioni in più transazioni a un prezzo medio ponderato di $2,83 per azione (le vendite sono state comprese tra $2,81 e $2,94). La partecipazione dopo le operazioni dichiarate è indicata come 976.715 azioni possedute beneficiariamente. Il Modulo 4 è firmato da un procuratore per conto del Sig. Godsman il 28/08/2025.

David Godsman, Chief Digital Officer y director de Wheels Up Experience Inc. (UP), informó transacciones el 26/08/2025. El informe revela dos operaciones no derivadas: se retuvieron 2.602 acciones para cubrir obligaciones fiscales derivadas del vencimiento de unidades restringidas de acciones previamente reportadas; y la Persona Informante vendió 75.000 acciones en varias operaciones a un precio medio ponderado de $2,83 por acción (las ventas oscilaron entre $2,81 y $2,94). La propiedad tras las transacciones reportadas se muestra como 976.715 acciones en propiedad beneficiaria. El Formulario 4 está firmado por un apoderado en nombre del Sr. Godsman el 28/08/2025.

David Godsman, Wheels Up Experience Inc.(UP)� 최고디지털책임자 � 이사, 2025-08-26� 거래� 보고했습니다. 신고서에� 파생상품� 아닌 � 건의 거래가 공개되어 있습니다: 이전� 보고� 제한주식단위� 베스팅으� 인해 세금 납부� 위해 2,602주가 원천징수되었�; 신고인은 여러 건의 거래� 75,000주를 매도했으� 가중평� 가격은 주당 $2.83였습니�(거래 가� 범위 $2.81�$2.94). 보고� 거래 이후 보유 지분은 � 976,715주를 실질 보유� 것으� 기재되어 있습니다. 양식 4은 2025-08-28� Godsman 씨를 대신해 법정대리인� 서명했습니다.

David Godsman, Chief Digital Officer et administrateur de Wheels Up Experience Inc. (UP), a déclaré des transactions le 26/08/2025. Le dépôt révèle deux opérations non dérivatives : 2 602 actions ont été retenues pour satisfaire des obligations fiscales résultant de l'acquisition par vesting d'unités d'actions restreintes précédemment signalées ; et la personne déclarante a vendu 75 000 actions lors de plusieurs opérations à un prix moyen pondéré de 2,83 $ par action (ventes comprises entre 2,81 $ et 2,94 $). La détention après les transactions déclarées est indiquée à 976 715 actions détenues à titre bénéficiaire. Le formulaire 4 est signé par un mandataire au nom de M. Godsman le 28/08/2025.

David Godsman, Chief Digital Officer und Direktor von Wheels Up Experience Inc. (UP), meldete Transaktionen am 26.08.2025. Die Einreichung enthält zwei nicht-derivative Transaktionen: 2.602 Aktien wurden einbehalten, um Steuerverpflichtungen aus der Vesting zuvor gemeldeter Restricted Stock Units zu erfüllen; und die meldende Person verkaufte 75.000 Aktien in mehreren Transaktionen zu einem gewichteten Durchschnittspreis von $2,83 pro Aktie (Verkaufspreise lagen zwischen $2,81 und $2,94). Der Besitz nach den gemeldeten Transaktionen wird mit 976.715 wirtschaftlich gehaltenen Aktien angegeben. Das Formular 4 wurde am 28.08.2025 von einem Bevollmächtigten im Namen von Herrn Godsman unterzeichnet.

Positive
  • Timely disclosure of insider transactions in compliance with Section 16 reporting
  • Tax-withholding on RSU vesting is documented, showing succession from prior RSU grant reporting
  • Sale price range disclosed with a weighted average and an undertaking to provide per-transaction detail on request
Negative
  • Officer sold 75,000 shares, reducing beneficial ownership to 976,715 shares
  • No explanation provided in the filing for the sale beyond sale price range and weighted average

Insights

TL;DR: Insider sale of 75,000 shares at a $2.83 weighted average; remaining beneficial ownership ~976,715 shares.

The Form 4 shows routine tax withholding tied to RSU vesting and an open-market sale of 75,000 shares at a weighted average price of $2.83 per share with trade prices between $2.81 and $2.94. This is a disclosure of insider liquidity rather than a change in control or a derivative transaction. The filing adheres to Section 16 reporting requirements and includes an undertaking to supply detailed per-transaction pricing if requested.

TL;DR: Filing documents standard post-vesting tax withholding and an officer sale; properly executed under Section 16 reporting.

The document indicates compliance with insider reporting rules, including a signed filing by an attorney-in-fact. The withheld shares reflect routine tax-settlement of vested RSUs originally reported on June 7, 2024. The officer sale is material from a disclosure standpoint but the filing provides no indication of related-party transactions, policy breaches, or changes to governance. No derivative exercises or new grants are reported.

David Godsman, Chief Digital Officer e membro del consiglio di Wheels Up Experience Inc. (UP), ha comunicato operazioni il 26/08/2025. La comunicazione riporta due operazioni non derivate: 2.602 azioni sono state trattenute per coprire le imposte dovute in relazione alla vesting di unità di azioni ristrette precedentemente segnalate; e la Persona Segnalante ha venduto 75.000 azioni in più transazioni a un prezzo medio ponderato di $2,83 per azione (le vendite sono state comprese tra $2,81 e $2,94). La partecipazione dopo le operazioni dichiarate è indicata come 976.715 azioni possedute beneficiariamente. Il Modulo 4 è firmato da un procuratore per conto del Sig. Godsman il 28/08/2025.

David Godsman, Chief Digital Officer y director de Wheels Up Experience Inc. (UP), informó transacciones el 26/08/2025. El informe revela dos operaciones no derivadas: se retuvieron 2.602 acciones para cubrir obligaciones fiscales derivadas del vencimiento de unidades restringidas de acciones previamente reportadas; y la Persona Informante vendió 75.000 acciones en varias operaciones a un precio medio ponderado de $2,83 por acción (las ventas oscilaron entre $2,81 y $2,94). La propiedad tras las transacciones reportadas se muestra como 976.715 acciones en propiedad beneficiaria. El Formulario 4 está firmado por un apoderado en nombre del Sr. Godsman el 28/08/2025.

David Godsman, Wheels Up Experience Inc.(UP)� 최고디지털책임자 � 이사, 2025-08-26� 거래� 보고했습니다. 신고서에� 파생상품� 아닌 � 건의 거래가 공개되어 있습니다: 이전� 보고� 제한주식단위� 베스팅으� 인해 세금 납부� 위해 2,602주가 원천징수되었�; 신고인은 여러 건의 거래� 75,000주를 매도했으� 가중평� 가격은 주당 $2.83였습니�(거래 가� 범위 $2.81�$2.94). 보고� 거래 이후 보유 지분은 � 976,715주를 실질 보유� 것으� 기재되어 있습니다. 양식 4은 2025-08-28� Godsman 씨를 대신해 법정대리인� 서명했습니다.

David Godsman, Chief Digital Officer et administrateur de Wheels Up Experience Inc. (UP), a déclaré des transactions le 26/08/2025. Le dépôt révèle deux opérations non dérivatives : 2 602 actions ont été retenues pour satisfaire des obligations fiscales résultant de l'acquisition par vesting d'unités d'actions restreintes précédemment signalées ; et la personne déclarante a vendu 75 000 actions lors de plusieurs opérations à un prix moyen pondéré de 2,83 $ par action (ventes comprises entre 2,81 $ et 2,94 $). La détention après les transactions déclarées est indiquée à 976 715 actions détenues à titre bénéficiaire. Le formulaire 4 est signé par un mandataire au nom de M. Godsman le 28/08/2025.

David Godsman, Chief Digital Officer und Direktor von Wheels Up Experience Inc. (UP), meldete Transaktionen am 26.08.2025. Die Einreichung enthält zwei nicht-derivative Transaktionen: 2.602 Aktien wurden einbehalten, um Steuerverpflichtungen aus der Vesting zuvor gemeldeter Restricted Stock Units zu erfüllen; und die meldende Person verkaufte 75.000 Aktien in mehreren Transaktionen zu einem gewichteten Durchschnittspreis von $2,83 pro Aktie (Verkaufspreise lagen zwischen $2,81 und $2,94). Der Besitz nach den gemeldeten Transaktionen wird mit 976.715 wirtschaftlich gehaltenen Aktien angegeben. Das Formular 4 wurde am 28.08.2025 von einem Bevollmächtigten im Namen von Herrn Godsman unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Godsman David

(Last) (First) (Middle)
C/O WHEELS UP EXPERIENCE INC.
2135 AMERICAN WAY

(Street)
CHAMBLEE GA 30341

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Wheels Up Experience Inc. [ UP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Digital Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.0001 per share 08/26/2025 F 2,602(1) D $3 1,051,715 D
Class A Common Stock, par value $0.0001 per share 08/26/2025 S 75,000 D $2.83(2) 976,715 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld for payment of tax liability arising as a result of the vesting of restricted stock units originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission ("SEC") on June 7, 2024.
2. The price reported in this box in Column 4 is a weighted average price. These shares were sold on August 26, 2025 in multiple transactions at prices ranging from $2.81 to $2.94 per share, inclusive. The Reporting Person undertakes to provide to Wheels Up Experience Inc. (the "Company"), any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
/s/ Mark Sorensen as attorney-in-fact for David Godsman 08/28/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did Wheels Up (UP) report on 08/26/2025?

The Form 4 shows 2,602 shares withheld for taxes from RSU vesting and a sale of 75,000 shares at a weighted average price of $2.83 per share.

How many shares does David Godsman beneficially own after the transactions?

Following the reported transactions, the filing shows 976,715 shares beneficially owned.

What prices were the 75,000 shares sold at?

The filing reports a weighted average sale price of $2.83 per share with transaction prices ranging from $2.81 to $2.94.

Was the withholding related to a grant or vesting event?

Yes. The 2,602 shares were withheld to pay tax liability from the vesting of restricted stock units originally reported in a Form 4 filed on June 7, 2024.

Who signed the Form 4 for David Godsman?

The Form 4 is signed by Mark Sorensen as attorney-in-fact for David Godsman dated 08/28/2025.
Wheels Up Experience Inc

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