secwatch.observer — SEC 8-K summary
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Issuer:     UPWORK, INC (UPWK)
CIK:        0001627475
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0001627475-25-000063
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Upwork appoints Sabrina Mekhalfa as Chief Accounting Officer effective Dec 15, 2025
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- Appointed Sabrina Mekhalfa, age 57, as Chief Accounting Officer, effective December 15, 2025.
- Base salary of $365,000; target annual bonus of 50% of base salary; $175,000 sign-on bonus (subject to clawback).
- Equity grant of RSUs valued at $850,000, vesting quarterly over three years.
- Severance: 6 months' base salary for non-CIC termination; 12 months' base plus pro-rata bonus and full equity acceleration upon CIC termination.
- Prior roles: CAO at Velocity Global (Pebl) and UserTesting; consulting from Sept 2023 to Feb 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627475/000162747525000063/0001627475-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627475/000162747525000063/upwork-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001627475-25-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer