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Wheels Up Experience Inc. — Director's Dealing 2026
Feb 27, 2026
31839_dirs_2026-02-27_7887ed78-29f2-40cb-b7cf-de590940a8d3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wheels Up Experience Inc. (UP)
CIK: 0001819516
Period of Report: 2026-02-25
Reporting Person: Holtz David L (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-02-25 | Class A Common Stock, par value $0.0001 per share | A | 721154 | — | Acquired | 1627695 | Direct |
| 2026-02-26 | Class A Common Stock, par value $0.0001 per share | F | 3159 | $0.66 | Disposed | 1624536 | Direct |
| 2026-02-26 | Class A Common Stock, par value $0.0001 per share | F | 35387 | $0.66 | Disposed | 1589149 | Direct |
Footnotes
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, and Amendment No. 2 thereto, effective March 26, 2025, the "A&R 2021 LTIP"), pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended. The RSUs will be settled in shares of the Class A common stock, par value $0.0001 per share ("Common Stock"), of Wheels Up Experience Inc. (the "Issuer") upon vesting, if at all. The RSUs will vest as follows: (i) 1/4th of the RSUs will vest on February 25, 2027; and (ii) the remaining RSUs will vest in 12 equal quarterly installments commencing May 25, 2027, in each case subject to the Reporting Person's continued service to the Issuer.
F2: Represents shares of Common Stock that were withheld for the payment of tax liability arising as a result of the vesting of RSUs granted under the A&R 2021 LTIP, which were originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission ("SEC") on June 7, 2024.
F3: Represents shares of Common Stock that were withheld for the payment of tax liability arising as a result of the vesting of RSUs granted under the A&R 2021 LTIP, which were originally reported by the Reporting Person in a Form 4/A filed with the SEC on March 14, 2025.