AG˹ٷ

STOCK TITAN

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

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

Mark Briffa, Chief Sales Officer of Wheels Up Experience Inc. (UP), reported multiple transactions in Class A common stock in late August 2025. On 08/26/2025 5,127 shares were withheld to satisfy tax obligations from previously reported restricted stock unit vesting. Also on 08/26/2025 he sold 5,780 shares at a weighted average price of $3.00 (individual trade prices ranged $3.00�$3.03), and on 08/28/2025 he sold another 5,780 shares at a weighted average price of $2.96 (trade prices ranged $2.95�$2.99). Following these transactions, the Form 4 reports 1,069,157 shares beneficially owned directly by the reporting person.

Mark Briffa, Chief Sales Officer di Wheels Up Experience Inc. (UP), ha comunicato più operazioni su azioni ordinarie di Classe A alla fine di agosto 2025. Il 26/08/2025 sono state trattenute 5.127 azioni per coprire imposte relative al vesting di precedenti restricted stock unit. Sempre il 26/08/2025 ha venduto 5.780 azioni a un prezzo medio ponderato di $3,00 (i singoli trade variavano da $3,00 a $3,03), e il 28/08/2025 ha venduto altre 5.780 azioni a un prezzo medio ponderato di $2,96 (i prezzi dei trade andavano da $2,95 a $2,99). A seguito di queste operazioni, il Modulo 4 indica la detenzione diretta di 1.069.157 azioni da parte della persona che ha dichiarato.

Mark Briffa, Chief Sales Officer de Wheels Up Experience Inc. (UP), notificó varias transacciones en acciones ordinarias Clase A a finales de agosto de 2025. El 26/08/2025 se retuvieron 5.127 acciones para cubrir obligaciones fiscales derivadas del vesting de unidades restringidas previamente informadas. También el 26/08/2025 vendió 5.780 acciones a un precio promedio ponderado de $3.00 (los precios por operación oscilaron entre $3.00 y $3.03), y el 28/08/2025 vendió otras 5.780 acciones a un precio promedio ponderado de $2.96 (los precios de las operaciones estuvieron entre $2.95 y $2.99). Tras estas operaciones, el Formulario 4 reporta 1.069.157 acciones en propiedad directa del informante.

Mark Briffa� Wheels Up Experience Inc.(UP)� Chief Sales Officer�, 2025� 8� 말에 클래스A 보통주에 대� 여러 거래� 신고했습니다. 2025-08-26� 이전� 보고� 제한 주식 단위(RSU) 베스팅에 따른 세금 충당� 위해 5,127주가 원천징수되었습니�. 같은 날인 08/26/2025에는 가중평균가 $3.005,780주를 매도했으�(개별 거래 가격은 $3.00�$3.03 범위), 08/28/2025에는 가중평균가 $2.96� 추가� 5,780주를 매도했습니다(거래 가격은 $2.95�$2.99 범위). � 거래� 이후 신고�(Form 4)� 보고인이 직접 보유� 주식� 1,069,157주로 기재하고 있습니다.

Mark Briffa, Chief Sales Officer de Wheels Up Experience Inc. (UP), a déclaré plusieurs transactions sur des actions ordinaires de catégorie A à la fin août 2025. Le 26/08/2025, 5 127 actions ont été retenues pour couvrir des obligations fiscales liées au vesting d'unités d'actions restreintes précédemment déclarées. Toujours le 26/08/2025, il a vendu 5 780 actions à un prix moyen pondéré de $3,00 (les prix des transactions individuelles variaient entre $3,00 et $3,03), et le 28/08/2025, il a vendu 5 780 actions supplémentaires à un prix moyen pondéré de $2,96 (prix de $2,95 à $2,99). À la suite de ces opérations, le formulaire 4 indique que la personne déclaratrice détient directement 1 069 157 actions.

Mark Briffa, Chief Sales Officer von Wheels Up Experience Inc. (UP), meldete Ende August 2025 mehrere Transaktionen mit Stammaktien der Klasse A. Am 26.08.2025 wurden 5.127 Aktien einbehalten, um Steuerverpflichtungen aus dem Vesting zuvor gemeldeter Restricted Stock Units zu erfüllen. Ebenfalls am 26.08.2025 verkaufte er 5.780 Aktien zu einem gewichteten Durchschnittspreis von $3,00 (Einzelpreise lagen zwischen $3,00 und $3,03), und am 28.08.2025 verkaufte er weitere 5.780 Aktien zu einem gewichteten Durchschnittspreis von $2,96 (Preise lagen zwischen $2,95 und $2,99). Nach diesen Transaktionen gibt das Formular 4 1.069.157 direkt vom Melder gehaltene Aktien an.

Positive
  • Full disclosure of price ranges for the sales and an undertaking to provide detailed per-trade information upon request
  • Tax withholding from RSU vesting is clearly identified and tied to a prior Form 4 filing
Negative
  • None.

Insights

TL;DR: Insider reported small tax-withholding and two modest open-market sales totaling 11,560 shares, leaving 1,069,157 shares held.

The transactions include a tax-withholding of 5,127 shares tied to prior RSU vesting and two sales of 5,780 shares each on 08/26/2025 and 08/28/2025 at weighted average prices of $3.00 and $2.96, respectively. These are executed open-market dispositions rather than derivative exercises. The filings provide precise per-trade price ranges and commit to furnish details on specific prices if requested.

TL;DR: Form 4 discloses routine insider withholding for taxes and subsequent sales; documentation includes price ranges and a pledge to provide trade breakdowns on request.

The Form 4 is complete in disclosing the nature of the withholding (tax payment from RSU vesting originally reported 06/07/2024) and shows direct ownership. The reporting signature is by an attorney-in-fact, with dates provided. No amendments or additional arrangements (e.g., 10b5-1 plan) are indicated on the form.

Mark Briffa, Chief Sales Officer di Wheels Up Experience Inc. (UP), ha comunicato più operazioni su azioni ordinarie di Classe A alla fine di agosto 2025. Il 26/08/2025 sono state trattenute 5.127 azioni per coprire imposte relative al vesting di precedenti restricted stock unit. Sempre il 26/08/2025 ha venduto 5.780 azioni a un prezzo medio ponderato di $3,00 (i singoli trade variavano da $3,00 a $3,03), e il 28/08/2025 ha venduto altre 5.780 azioni a un prezzo medio ponderato di $2,96 (i prezzi dei trade andavano da $2,95 a $2,99). A seguito di queste operazioni, il Modulo 4 indica la detenzione diretta di 1.069.157 azioni da parte della persona che ha dichiarato.

Mark Briffa, Chief Sales Officer de Wheels Up Experience Inc. (UP), notificó varias transacciones en acciones ordinarias Clase A a finales de agosto de 2025. El 26/08/2025 se retuvieron 5.127 acciones para cubrir obligaciones fiscales derivadas del vesting de unidades restringidas previamente informadas. También el 26/08/2025 vendió 5.780 acciones a un precio promedio ponderado de $3.00 (los precios por operación oscilaron entre $3.00 y $3.03), y el 28/08/2025 vendió otras 5.780 acciones a un precio promedio ponderado de $2.96 (los precios de las operaciones estuvieron entre $2.95 y $2.99). Tras estas operaciones, el Formulario 4 reporta 1.069.157 acciones en propiedad directa del informante.

Mark Briffa� Wheels Up Experience Inc.(UP)� Chief Sales Officer�, 2025� 8� 말에 클래스A 보통주에 대� 여러 거래� 신고했습니다. 2025-08-26� 이전� 보고� 제한 주식 단위(RSU) 베스팅에 따른 세금 충당� 위해 5,127주가 원천징수되었습니�. 같은 날인 08/26/2025에는 가중평균가 $3.005,780주를 매도했으�(개별 거래 가격은 $3.00�$3.03 범위), 08/28/2025에는 가중평균가 $2.96� 추가� 5,780주를 매도했습니다(거래 가격은 $2.95�$2.99 범위). � 거래� 이후 신고�(Form 4)� 보고인이 직접 보유� 주식� 1,069,157주로 기재하고 있습니다.

Mark Briffa, Chief Sales Officer de Wheels Up Experience Inc. (UP), a déclaré plusieurs transactions sur des actions ordinaires de catégorie A à la fin août 2025. Le 26/08/2025, 5 127 actions ont été retenues pour couvrir des obligations fiscales liées au vesting d'unités d'actions restreintes précédemment déclarées. Toujours le 26/08/2025, il a vendu 5 780 actions à un prix moyen pondéré de $3,00 (les prix des transactions individuelles variaient entre $3,00 et $3,03), et le 28/08/2025, il a vendu 5 780 actions supplémentaires à un prix moyen pondéré de $2,96 (prix de $2,95 à $2,99). À la suite de ces opérations, le formulaire 4 indique que la personne déclaratrice détient directement 1 069 157 actions.

Mark Briffa, Chief Sales Officer von Wheels Up Experience Inc. (UP), meldete Ende August 2025 mehrere Transaktionen mit Stammaktien der Klasse A. Am 26.08.2025 wurden 5.127 Aktien einbehalten, um Steuerverpflichtungen aus dem Vesting zuvor gemeldeter Restricted Stock Units zu erfüllen. Ebenfalls am 26.08.2025 verkaufte er 5.780 Aktien zu einem gewichteten Durchschnittspreis von $3,00 (Einzelpreise lagen zwischen $3,00 und $3,03), und am 28.08.2025 verkaufte er weitere 5.780 Aktien zu einem gewichteten Durchschnittspreis von $2,96 (Preise lagen zwischen $2,95 und $2,99). Nach diesen Transaktionen gibt das Formular 4 1.069.157 direkt vom Melder gehaltene Aktien an.

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*
Briffa Mark

(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 Sales 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 5,127(1) D $3 1,080,717 D
Class A Common Stock, par value $0.0001 per share 08/26/2025 S 5,780 D $3(2) 1,074,937 D
Class A Common Stock, par value $0.0001 per share 08/28/2025 S 5,780 D $2.96(3) 1,069,157 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 $3.00 to $3.03 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.
3. The price reported in this box in Column 4 is a weighted average price. These shares were sold on August 28, 2025 in multiple transactions at prices ranging from $2.95 to $2.99 per share, inclusive. The Reporting Person undertakes to provide to 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 Mark Briffa 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 transactions did Mark Briffa report on the Form 4 for UP?

The Form 4 reports a 5,127-share tax withholding from RSU vesting on 08/26/2025 and two sales of 5,780 shares each on 08/26/2025 and 08/28/2025.

At what prices were the UP shares sold by the reporting person?

The 08/26/2025 sales had a weighted average price of $3.00 (range $3.00�$3.03). The 08/28/2025 sales had a weighted average price of $2.96 (range $2.95�$2.99).

How many UP shares does the reporting person own after these transactions?

Following the reported transactions, the Form 4 shows the reporting person beneficially owns 1,069,157 shares of Class A common stock.

Were the withheld shares related to a prior award?

Yes. The 5,127 shares withheld were to satisfy 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 and when?

The Form 4 is signed /s/ Mark Sorensen as attorney-in-fact for Mark Briffa with a signature date of 08/28/2025.
Wheels Up Experience Inc

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