Mark Briffa, an officer at Wheels Up Experience Inc., has filed a notice to sell 5,357 shares of the company's common stock. This filing, made on November 6, 2026, is significant as it reflects ongoing stock transactions within the air transportation sector.
Wheels Up Experience Inc. operates in the air transportation industry, specifically under the SIC classification of air transportation, nonscheduled. The company, which has undergone a name change from Aspirational Consumer Lifestyle Corp. in July 2020, is publicly traded on the NYSE under the SEC file number 001-39541.
The filing indicates that Briffa acquired the shares through restricted stock transactions on two occasions earlier this year—1,017 shares on August 26 and 4,340 shares on October 2. The total market value of the shares being sold is approximately $14,074.45.
Briffa's decision to sell these shares may impact other stakeholders and investors in Wheels Up Experience Inc. as they evaluate the company's stock performance and management strategies. The filing also notes that there is nothing to report regarding securities sold in the past three months, suggesting that this sale is a standalone transaction.
Details were not available in the SEC filing regarding future transactions or plans following this sale.
Company Overview and Financial Context
Wheels Up Experience Inc. operates under the Central Index Key (CIK) number 0001819516 and is classified under the Standard Industrial Classification (SIC) code 4522, which pertains to air transportation, nonscheduled. The company has a fiscal year ending on December 31 and is headquartered at 2135 American Way, Chamblee, GA 30341.
The total number of shares outstanding for Wheels Up Experience Inc. is reported to be 36,386,642. This figure provides context for the scale of Briffa's transaction in relation to the overall market capitalization of the company.
Brokerage Details
The shares are being sold through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. This brokerage firm is responsible for facilitating the transaction on behalf of Mark Briffa.
Additional Information
The filing does not include information about Briffa's overall shareholding after the sale, any potential plans for further transactions, or insights into the company's current financial performance or outlook.
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