secwatch.observer — SEC 8-K summary
======================================

Issuer:     Wheels Up Experience Inc. (UP)
CIK:        0001819516
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0001819516-24-000050
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheels Up CFO and CLO to depart; interim CFO appointed and new CLO from Delta
-----------------------------------------------------------------------------

- CFO Todd Smith resigns effective Sept 6, 2024; forfeits unvested equity awards.
- CLO Laura Heltebran resigns effective Sept 6, 2024; receives $510K lump sum and bonus.
- Eric Cabezas, SVP Finance, appointed interim CFO effective Sept 6, 2024.
- Matthew Knopf, from Delta Air Lines SVP & Deputy GC, named CLO and Secretary effective Sept 9, 2024.
- Alexander Chatkewitz, Chief Accounting Officer since March 2024, appointed principal accounting officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819516/000181951624000050/0001819516-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819516/000181951624000050/up-20240820.htm
  HTML page:      https://secwatch.observer/filing/0001819516-24-000050

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