secwatch.observer — SEC 8-K summary
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Issuer:     Upland Software, Inc. (UPLD)
CIK:        0001505155
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001505155-26-000001
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upland Software CEO John McDonald to retire; Sean Nathaniel named successor effective May 1, 2026
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- John T. McDonald retires as CEO effective April 30, 2026; remains Chairman of the Board.
- Sean Nathaniel appointed CEO effective May 1, 2026; previously CEO of DryvIQ and former Upland CTO.
- Nathaniel receives $600,000 base salary, $400,000 bonus target, 500,000 RSUs, and PRSUs up to 500,000.
- McDonald's 250,000 unvested PSUs cancelled; receives 250,000 RSUs and 24 months health benefit.
- McDonald's retirement is not due to any disagreement with the Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505155/000150515526000001/0001505155-26-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505155/000150515526000001/upld-20260221.htm
  HTML page:      https://secwatch.observer/filing/0001505155-26-000001

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