{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-024998","form_type":"8-K","ticker":"UP","cik":"0001819516","company_name":"Wheels Up Experience Inc.","filed_at":"2026-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.994493+00:00","generated_at":"2026-05-15T06:25:39.766793+00:00","sec_items":["8.01","5.07","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Wheels Up approves 1-for-20 reverse stock split to regain NYSE compliance","bullets":["Board approved Reverse Stock Split at ratio of 1-for-20; effective after NYSE close on April 24, 2026.","Outstanding shares reduced from ~725M to ~36M; authorized shares cut from 1.5B to 75M.","Company expects to regain NYSE listing compliance and qualify for Russell 3000 inclusion.","Warrants adjusted: each warrant becomes exercisable for 1/200th of a share at $2,300.00 per whole share.","Fractional shares settled in cash at closing price on effective date; no change to ticker symbol 'UP'."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-024998","json":"https://secwatch.observer/filing/0001628280-26-024998.json","markdown":"https://secwatch.observer/filing/0001628280-26-024998.md","text":"https://secwatch.observer/filing/0001628280-26-024998.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026024998/0001628280-26-024998-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026024998/up-20260413.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:25:39.766793+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"}