{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-279346","form_type":"8-K","ticker":null,"cik":"0001459417","company_name":"2U, Inc.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.130140+00:00","generated_at":"2026-06-07T23:57:18.355145+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"2U CEO Chip Paucek departs; CFO Paul Lalljie named CEO, Matt Norden appointed CFO","bullets":["Paul Lalljie appointed CEO and board member effective Nov 16; base salary $750K, target bonus 115% of base.","Matthew Norden appointed CFO, continues as CLO; base salary $575K, target bonus 100% of base.","Chip Paucek steps down as CEO and director; becomes special advisor Dec 15; consulting fee $20K/month through Apr 2025.","Heather Hoffert named Principal Accounting Officer effective Nov 16.","Separation agreement with Paucek includes continued equity vesting during consulting period and $200K cash payment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-279346","json":"https://secwatch.observer/filing/0001193125-23-279346.json","markdown":"https://secwatch.observer/filing/0001193125-23-279346.md","text":"https://secwatch.observer/filing/0001193125-23-279346.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/d365752d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:57:18.355145+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":"c4bbbfd351","claim":"Paul S. Lalljie was appointed as Chief Executive Officer at 2U, Inc..","evidence_excerpt":"the Board appointed Paul S. Lalljie, the Company’s current Chief Financial Officer, to succeed Mr. Paucek as Chief Executive Officer of the Company and as a member of the Board, effective as of the Transition Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-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":"d4c43ac0cf","claim":"Matthew J. Norden was appointed as Chief Financial Officer and Chief Legal Officer at 2U, Inc..","evidence_excerpt":"Matthew J. Norden, the Company’s current Chief Legal Officer, was appointed to the role of Chief Financial Officer, effective as of the Transition Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and Chief Legal Officer"}],"fact_type":"executive_change"},{"claim_id":"f2569b7a3f","claim":"Heather Hoffert was appointed as Principal Accounting Officer at 2U, Inc..","evidence_excerpt":"Heather Hoffert, currently Senior Vice President, Accounting, will assume the role of Principal Accounting Officer, effective as of the Transition Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Principal Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"ff52e5fdbf","claim":"Christopher \"Chip\" J. Paucek resigned as Chief Executive Officer and Director at 2U, Inc..","evidence_excerpt":"will be departing from the role of Chief Executive Officer and resigning as a member of the Board, effective as of November 16, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1459417/000119312523279346/0001193125-23-279346-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer and Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}