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UPWORK, INC (UPWK) filed an 8-K current report with the SEC on June 5, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.07 (Submission of Matters to a Vote of Security Holders). Leela Srinivasan exited the Board after not standing for re-election at the June 4, 2026 annual meeting.
UPWORK, INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Leela Srinivasan exited the Board after not standing for re-election at the June 4, 2026 annual meeting
- Anilu Vazquez-Ubarri resigned immediately before director elections, reducing Class III and reassigning the seat to Class II
- Claire Bramley and David Lissy elected as Class II directors, replacing departing directors
- Bramley and Lissy joined the audit, risk and compliance committee effective after the Annual Meeting
- Standard director compensation and indemnification terms; no disclosed related-party interests or selection arrangements
Item 5.07 · Submission of Matters to a Vote of Security Holders
- 86% quorum; shareholders re-elected Claire Bramley, David Lissy, and Gary Steele through 2029
- Gary Steele faced meaningful opposition, with 17,127,041 votes against
- Executive compensation approved, but support was relatively modest at 68,934,395 votes versus 26,782,943 against
- PwC appointment ratified overwhelmingly, with 105,217,897 votes for
- Annual say-on-pay votes confirmed through 2032, increasing recurring shareholder scrutiny of executive compensation
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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