Wheels Up Experience Inc. (UP) company profile
Close on Nov 11, 2026Market cap $94.32MP/E –Yield –
About Wheels Up Experience
Air Transportation, Nonscheduled, SIC 4522
Wheels Up Experience Inc. provides on-demand private aviation services through a membership program and charter flight solutions. The company operates a controlled fleet of owned and leased aircraft, while also coordinating flights through a global network of vetted independent charter operators. Its services include dynamic and fixed-rate hourly access plans, bespoke group travel, cargo transport, and government and defense aviation solutions. In addition, a strategic commercial partnership enables customers to book premium commercial flights and access benefits with an affiliated airline. The company serves individual leisure travelers, high-net-worth clients, corporate accounts, sports teams, and entertainment professionals.
Operations are conducted primarily through two air carrier operating certificates in the United States. Wheels Up supports flight coordination and member services through a centralized operations center located in Atlanta, Georgia. Flight coverage includes the contiguous United States, adjacent border regions, and select international vacation destinations, alongside broader global charter capabilities.
Summary of the business section of Wheels Up Experience's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Wheels Up Experience Inc.
- Headquarters
- Chamblee, GA
- Address
- 2135 American Way 30341
- Phone
- 1-855-359-8760
- Website
- wheelsup.com
- Employees
- 1,250, Dec 31, 2025
- Industry
- Air Transportation, Nonscheduled
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, New York, New York
Stock & identifiers
- Ticker
- UP
- Former tickers
- ASPL until Aug 12, 2021
- Exchange
- NYSE
- IPO date
- Sep 24, 2020
- Shares outstanding
- 36M, Jul 31, 2026
- Public float
- $106.80M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-20 reverse, Apr 27, 2026; 1-for-10 reverse, Jun 8, 2023
- SEC CIK
- 1819516
- CUSIP
- 96328L304
- ISIN
- US96328L3042
- FIGI
- BBG00XTV85L4
- Share class FIGI
- BBG00XTV85M3
- EIN
- 98-1617611
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| George N. Mattson | Chief Executive Officer, Director | 27,791 |
| Meaghan Danielle Wells | Chief Growth Officer | 59,645 |
| Kristen Lauria | Chief Marketing Officer | 79,485 |
| Alexander Chatkewitz | Chief Accounting Officer | 41,177 |
| David L. Holtz | Chief Operating Officer | 76,201 |
| David Godsman | Chief Digital Officer | 77,347 |
| Brian Joseph Kedzior | Chief People Officer | 67,605 |
| Matthew J. Knopf | Chief Legal Officer | 91,521 |
| Mark Briffa | Chief Sales Officer | 33,672 |
| John Andrew Verkamp | Chief Financial Officer | – |
| Eric Cabezas | Interim CFO | 313,116 |
| Roger N. Farah | Director | 24,305 |
| Donald Lee Moak | Director | 33,326 |
| Gregory L. Summe | Director | 36,090 |
| Erik Storey Snell | Director | – |
| Timothy M. Armstrong | Director | 404,506 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 George Mattson | $2.07M | -$58.05M | $6.65M | $6 | – |
| FY2025 Kenny Dichter | $0 | $0 | $6.65M | $6 | – |
| FY2025 Todd Smith | $0 | $0 | $6.65M | $6 | – |
| FY2024 George Mattson | $1.57M | -$109.43M | $33.15M | $16 | – |
| FY2024 Kenny Dichter | $0 | $0 | $33.15M | $16 | – |
| FY2024 Todd Smith | $0 | $0 | $33.15M | $16 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| George Mattson Chief Executive Officer & Director | $625.00K | $760.00K | – | $490.00K | $199.51K | $2.07M | +32% |
| John Verkamp Chief Financial Officer (6) | $401.92K | $212.10K | $9.72M | $269.50K | $3.81K | $10.61M | – |
| Mark Briffa Chief Sales Officer (8) | $606.02K | $161.46K | $703.13K | $1.13M | $100.04K | $2.70M | -6% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
SPAC offering
- Type
- SPAC (blank check) IPO of units
- Final prospectus filed
- Sep 24, 2020
- Offer price
- $10.00
- Securities offered
- 22,500,000
- Gross proceeds
- $225.00M
- Exchange
- NYSE
- First trading day
- Nov 13, 2020
- First-day close
- $9.65-3.5%
- Lock-up ends (est.)
- May 12, 2021
“Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-third of one redeemable warrant.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Wheels Up and its consolidated subsidiaries had 1,250 employees, including 1,247 full-time employees and three part-time employees.”
Corporate history
Events identified from SEC filings
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