{"schema_version":"secwatch.filing_event.v1","accession":"0001627475-23-000016","form_type":"8-K","ticker":"UPWK","cik":"0001627475","company_name":"UPWORK, INC","filed_at":"2023-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.916680+00:00","generated_at":"2026-06-17T21:20:00.342865+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Upwork repurchases ~$196.8M of 0.25% Convertible Notes for ~$157M cash","bullets":["Repurchased approximately $196.8 million aggregate principal amount of its 0.25% Convertible Senior Notes due 2026.","Estimated cash expenditure of about $157 million, implying a discount to face value.","Repurchase price based on daily VWAP over March 22-23, 2023 measurement period.","Expected to close March 27, 2023; after closing, approximately $378.2 million principal remains outstanding.","Existing capped call transactions remain in effect and unchanged by the repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001627475-23-000016","json":"https://secwatch.observer/filing/0001627475-23-000016.json","markdown":"https://secwatch.observer/filing/0001627475-23-000016.md","text":"https://secwatch.observer/filing/0001627475-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627475/000162747523000016/0001627475-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627475/000162747523000016/upwork-20230321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T21:20:00.342865+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}