---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-077684"
form_type: "8-K/A"
ticker: "UP"
cik: "0001819516"
company_name: "Wheels Up Experience Inc."
filed_at: "2023-07-03T23:59:59+00:00"
generated_at: "2026-06-13T13:24:07.468374+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Wheels Up Experience amends interim CEO Todd Smith's compensation with RSU grant and salary increase

## Summary
- Monthly salary increase of $12,500 for Todd Smith during his interim CEO tenure.
- Annual bonus target raised to 150% of base salary for the appointment period.
- One-time equity award of 140,171 restricted stock units, vesting on January 3, 2024.
- Compensation Committee approved changes on July 3, 2023.
- Smith continues as CFO and interim CEO; existing offer letter governs terms.

## SEC filing metadata
- accession: 0001104659-23-077684
- form_type: 8-K/A
- ticker: UP
- cik: 0001819516
- company_name: Wheels Up Experience Inc.
- filed_at: 2023-07-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819516/000110465923077684/0001104659-23-077684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819516/000110465923077684/tm2320455d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-077684
- JSON: https://secwatch.observer/filing/0001104659-23-077684.json
- Plain text: https://secwatch.observer/filing/0001104659-23-077684.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.