Wheels Up shareholders approve 3.75M share increase to equity compensation plan

Filed June 10, 2026 · Period ending June 9, 2026 · ~1 min read

Key Changes

• medium

  Stockholders approved expanding the 2021 Long-Term Incentive Plan by 3,750,000 shares (post-reverse split) and extending it to 2036, diluting existing holders but providing management tools for talent retention.

  Item 5.07: Annual Meeting Results verify on EDGAR →
• medium

  Filing references a 1-for-20 reverse stock split that took effect April 24, 2026, typically done to maintain exchange listing requirements or improve share price optics.

  Item 5.07: LTIP Amendment verify on EDGAR →
• low

  Annual meeting achieved 92.6% quorum with four Class II directors elected to serve until 2029: Andrew Davis, Roger Farah, George Mattson, and Gregory Summe.

  Item 5.07: Director Elections verify on EDGAR →