{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-101654","form_type":"8-K","ticker":"UP","cik":"0001819516","company_name":"Wheels Up Experience Inc.","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.425700+00:00","generated_at":"2026-06-10T15:09:37.766879+00:00","sec_items":["1.01","2.03","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Wheels Up appoints George Mattson as CEO; expands Delta loan by $10M to $70M","bullets":["George N. Mattson named CEO of Wheels Up Partners LLC; expected to start in early October 2023.","Todd Smith, interim CEO, will remain as CFO after Mattson joins.","Fourth Amendment increases Delta secured promissory note by $10M, total principal now $70M.","Mattson brings 25 years of aviation experience; served as Goldman partner and Delta board member.","Non-binding agreement in principle for up to $500M facility from Delta, Certares, Knighthead, and others."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-101654","json":"https://secwatch.observer/filing/0001104659-23-101654.json","markdown":"https://secwatch.observer/filing/0001104659-23-101654.md","text":"https://secwatch.observer/filing/0001104659-23-101654.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819516/000110465923101654/0001104659-23-101654-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819516/000110465923101654/tm2326291d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:09:37.766879+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f1b0a50a8","claim":"Todd Smith changed role as Chief Financial Officer at Wheels Up Experience Inc..","evidence_excerpt":"Thereafter, Mr. Smith will continue to serve as WUP’s Chief Financial Officer and the Company’s principal financial officer and principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819516/000110465923101654/0001104659-23-101654-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"85b05e3242","claim":"George N. Mattson was appointed as Chief Executive Officer at Wheels Up Experience Inc..","evidence_excerpt":"the Company announced that the Board of Directors of the Company appointed George N. Mattson to serve as Chief Executive Officer of Wheels Up Partners LLC","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819516/000110465923101654/0001104659-23-101654-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"13ba7c1bdb6a998e60dbd17ac12f19fe96c0f23d","claim":"Wheels Up Experience Inc. amended Fourth Amendment to Secured Promissory Note with Delta Air Lines, Inc. valued at an additional $10.0 million (effective 2023-09-14).","evidence_excerpt":"On September 14, 2023, the Company and Delta entered into the Fourth Amendment to Secured Promissory Note (the “Note Fourth Amendment” and together with the Note, the “Amended Note”), to increase the aggregate principal amount of the Note by up to an additional $10.0 million, of which the additional $10.0 million was received by the Company on September 14, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819516/000110465923101654/0001104659-23-101654-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Delta Air Lines, Inc."},{"label":"Value","value":"an additional $10.0 million"},{"label":"Effective","value":"2023-09-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}