Wheels Up Experience Inc UP Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 26, 2024 (filed on Mar 26, 2024)

Insider Name:

Kedzior Brian Joseph

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-28,413

Price:

$2.54
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Briffa Mark

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-5,589

Price:

$2.52
Feb 26, 2024 (filed on Feb 27, 2024)

Insider Name:

Briffa Mark

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-4,957

Price:

$3.00
Feb 26, 2024 (filed on Feb 27, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-4,541

Price:

$3.00
Feb 26, 2024 (filed on Feb 27, 2024)

Insider Name:

Smith Todd Lamar

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-17,610

Price:

$3.00
Feb 20, 2024 (filed on Feb 21, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-2,361

Price:

$3.42
Jan 22, 2024 (filed on Jan 24, 2024)

Insider Name:

Armstrong Timothy M

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

92,593

Price:

--
Jan 22, 2024 (filed on Jan 24, 2024)

Insider Name:

Moak Donald Lee

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

63,166

Price:

--
Jan 22, 2024 (filed on Jan 24, 2024)

Insider Name:

Adelman David J.

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

92,593

Price:

--

Filings by filing date

Mar 26, 2024 (filed on Mar 26, 2024)

Insider Name:

Kedzior Brian Joseph

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-28,413

Price:

$2.54
Sep 18, 2023 (filed on Mar 15, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,623

Price:

$3.04
Mar 13, 2024 (filed on Mar 15, 2024)

Insider Name:

Briffa Mark

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-5,589

Price:

$2.52
Feb 26, 2024 (filed on Feb 27, 2024)

Insider Name:

Briffa Mark

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-4,957

Price:

$3.00
Feb 26, 2024 (filed on Feb 27, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-4,541

Price:

$3.00
Feb 26, 2024 (filed on Feb 27, 2024)

Insider Name:

Smith Todd Lamar

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-17,610

Price:

$3.00
Feb 20, 2024 (filed on Feb 21, 2024)

Insider Name:

Heltebran Laura

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-2,361

Price:

$3.42
Jan 22, 2024 (filed on Jan 24, 2024)

Insider Name:

Armstrong Timothy M

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

92,593

Price:

--
Jan 22, 2024 (filed on Jan 24, 2024)

Insider Name:

Moak Donald Lee

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock, par value $0.0001 per share

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

63,166

Price:

--

News

Biz Brief

Sector: Industrials	Industry: Airlines

See Regulatory Filings on SEC

Company Contact

Address:	2135 American Way CHAMBLEE GA 30341
Tel:	N/A
Website:	https://investors.wheelsup.com
IR:	See website

Key People

George N. Mattson Chief Executive Officer, Director	Todd Smith Chief Financial Officer	Mark Andrew Briffa Chief Commercial Officer
Laura Heltebran Chief Legal Officer

Business Overview

Wheels Up Experience Inc. is a provider of private aviation in the United States. The Company offers a complete global aviation solution with a diverse fleet and a global network of safety vetted charter operators. It connects private flyers to aircraft, and to one another, through an open platform. It provides its private aviation services through its membership program, which allows members to select the membership for their flying needs and receive additional benefits from the purchase of dollar-denominated credits that can be applied to future costs, including flight services, annual dues, and other incidental costs such, as catering and ground transportation. It offers global charter solutions to members and non-member customers through its subsidiary, Air Partner Limited. Its additional services include wholesale charter and other activities and services. It offers wholesale charter services to customers, such as charter flight brokers and third-party operators.

Financial Overview

For the fiscal year ended 31 December 2023, Wheels Up Experience Inc revenues decreased 21% to $1.25B. Net loss decreased 12% to $487.4M. Revenues reflect Flight segment decrease of 18% to $884.1M, Aircraft management segment decrease of 27% to $175.8M. Lower net loss reflects Impairment of goodwill decrease of 30% to $126.2M (expense), Stock-based Compensation in SGA decrease of 70% to $17.8M (expense).

Employees:	2,116 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$1,606M as of Dec 31, 2023
Annual revenue (TTM):	$1,253M as of Dec 31, 2023
EBITDA (TTM):	-$224.22M as of Dec 31, 2023
Net annual income (TTM):	-$487.39M as of Dec 31, 2023
Free cash flow (TTM):	-$706.19M as of Dec 31, 2023
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	697,321,492 as of Mar 4, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization