CEO buying after positive operational news is a modestly constructive signal, but the small size limits impact. Monitor for larger insider purchases or closing of the Delta financing facility in Q2.
Price Chart
Executive Summary
Small insider cluster at Wheels Up (UP) with CEO Mattson buying ~$59K and CSO Briffa selling ~$19K, following Q1 earnings that showed a 5% revenue decline but completion of fleet transition and a new $100M Delta-led financing. The total insider activity is negligible relative to the $204M market cap (<0.03%), limiting its signaling value.
Key Financial Metrics
Key Facts
- CEO George Mattson purchased 11,333 shares total (~$58.6K) on May 14-15, 2026.
- CSO Mark Briffa sold 3,800 shares (~$19K) on May 13, 2026.
- CMO Kristen Lauria had a tax withholding of 653 shares (non-cash, ~$3.3K).
- Total insider dollar value: ~$70K, representing ~0.034% of market cap.
- Filing follows Q1 earnings (May 11) with revenue down 5% YoY but Delta-led $100M term loan commitment and fleet modernization complete.
Financial Impact
Insider trading totals ~$70K, immaterial relative to $204M market cap.
Risk Factors
- Insider cluster size too small to be statistically meaningful.
- CSO selling may indicate mixed internal sentiment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-UP-1779235239518 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 16d ago | 8-K | $3.59 | awaiting T+60 | — | $3.11 (−13.37%) |
Aug 14, 2026 10w ago | 8-K | $4.91 | awaiting T+60 | — | $3.11 (−36.66%) |
Aug 4, 2026 11w ago | 8-K | $5.75 | awaiting T+60 | — | $3.11 (−45.91%) |
Jun 17, 2026 18w ago | Insider Cluster | $7.84 $3.68 | ▼ −53.06% | ▼ −54.95% | $3.11 (−60.33%) |
May 20, 2026 22w ago | Insider Cluster | $7.97 $4.91 | ▼ −38.39% | ▼ −42.69% | $3.11 (−60.98%) |
May 15, 2026 23w ago | Insider Cluster | $5.63 $5.25 | ▼ −6.75% | ▼ −11.60% | $3.11 (−44.76%) |
May 15, 2026 23w ago | Insider Cluster | $5.63 $5.25 | ▼ −6.75% | ▼ −11.60% | $3.11 (−44.76%) |
US Market Status
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