{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-146113","form_type":"8-K","ticker":null,"cik":"0001813756","company_name":"WeWork Inc.","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.775536+00:00","generated_at":"2026-06-14T23:56:54.224497+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"WeWork CEO Sandeep Mathrani resigns; board appoints David Tolley as interim CEO","bullets":["CEO Sandeep Mathrani steps down effective May 26, 2023, not due to any disagreement.","Board appoints David Tolley as interim CEO; Daniel Hurwitz becomes Chairman and leads search for permanent CEO.","Tolley's compensation: $229,167/month base salary, $1.5M bonus target, $500K RSUs vesting over six months.","Company reaffirms Q2 2023 guidance: revenue $840-865M, adjusted EBITDA ($10M)-$15M.","Under Mathrani, WeWork cut $2.3B in costs and grew revenue to $849M in Q1 2023 from $593M (Q2 2021)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-146113","json":"https://secwatch.observer/filing/0001193125-23-146113.json","markdown":"https://secwatch.observer/filing/0001193125-23-146113.md","text":"https://secwatch.observer/filing/0001193125-23-146113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1813756/000119312523146113/0001193125-23-146113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1813756/000119312523146113/d451919d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:56:54.224497+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":"235fe47091","claim":"David Tolley was appointed as interim Chief Executive Officer at WeWork Inc..","evidence_excerpt":"On May 16, 2023, the Board appointed David Tolley as the Company’s interim CEO and Daniel Hurwitz as Chairman of the Board, in each case, effective May 26, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813756/000119312523146113/0001193125-23-146113-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"interim Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"7ae3a19364","claim":"Sandeep Mathrani resigned as Chief Executive Officer at WeWork Inc..","evidence_excerpt":"On May 10, 2023, Sandeep Mathrani notified WeWork Inc. (the “Company”) of his intention to resign from his position as Chief Executive Officer (“CEO”) of the Company and as Chairman and a member of the Company’s Board of Directors (the “Board”), in each case, effective May 26, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813756/000119312523146113/0001193125-23-146113-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"dc39b52556","claim":"Daniel Hurwitz was appointed as Chairman of the Board at WeWork Inc..","evidence_excerpt":"On May 16, 2023, the Board appointed David Tolley as the Company’s interim CEO and Daniel Hurwitz as Chairman of the Board, in each case, effective May 26, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813756/000119312523146113/0001193125-23-146113-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}