{"filing":{"accession_number":"0001628280-26-039275","cik":"0001819516","ticker":"WSUPW","company_name":"Wheels Up Experience Inc.","form":"8-K","filing_date":"2026-06-01","report_date":null,"primary_document":"up-20260529.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026039275/up-20260529.htm"},"events":[{"id":7945,"run_id":6975,"accession_number":"0001628280-26-039275","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"summary":"Wheels Up entered into a $100 million unsecured term loan credit agreement on May 29, 2026, with existing lenders Delta, Cox, and CK Wheels, with potential for an additional $100 million in incremental commitments. The facility amends the existing 2023 Credit Agreement and will fund working capital, growth initiatives, fleet expansion, and debt repayment.","company_name":"Wheels Up Experience Inc.","ticker":"WSUPW","filing_date":"2026-06-01","form":"8-K","submitted_at":null,"items":[{"id":3335,"accession_number":"0001628280-26-039275","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The Company entered into a $100 million unsecured term loan credit agreement on May 29, 2026, with existing lenders Delta, Cox, and CK Wheels, with potential for an additional $100 million in incremental commitments. This constitutes a material definitive agreement under Item 1.01 involving significant financing activity that will fund working capital, growth initiatives, fleet expansion, and debt repayment. The amendment to the existing 2023 Credit Agreement to accommodate this new facility further evidences the materiality of this financing transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T03:07:36.666306+00:00","company_name":"","ticker":null,"filing_date":""},{"id":3336,"accession_number":"0001628280-26-039275","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"Item 2.03 discloses creation of a direct financial obligation under a \"2026 Credit Agreement and Amendment No. 4,\" with the full details incorporated by reference from Item 1.01. The forward-looking statements reference financing transactions and use of net proceeds for working capital, growth initiatives, fleet expansion, and debt repayment. While Item 2.03 typically signals a covenant_breach or debt obligation event, the cross-reference to Item 1.01 (which covers M\u0026A and material agreements) and the language about \"financing transactions\" suggests this is a material credit facility or refinancing arrangement that warrants classification as a significant financial event. The materiality is clear given the scale of operations and debt management implications.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T03:07:36.666306+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3335,"accession_number":"0001628280-26-039275","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The Company entered into a $100 million unsecured term loan credit agreement on May 29, 2026, with existing lenders Delta, Cox, and CK Wheels, with potential for an additional $100 million in incremental commitments. This constitutes a material definitive agreement under Item 1.01 involving significant financing activity that will fund working capital, growth initiatives, fleet expansion, and debt repayment. The amendment to the existing 2023 Credit Agreement to accommodate this new facility further evidences the materiality of this financing transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T03:07:36.666306+00:00","company_name":"Wheels Up Experience Inc.","ticker":"WSUPW","filing_date":"2026-06-01"},{"id":3336,"accession_number":"0001628280-26-039275","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"Item 2.03 discloses creation of a direct financial obligation under a \"2026 Credit Agreement and Amendment No. 4,\" with the full details incorporated by reference from Item 1.01. The forward-looking statements reference financing transactions and use of net proceeds for working capital, growth initiatives, fleet expansion, and debt repayment. While Item 2.03 typically signals a covenant_breach or debt obligation event, the cross-reference to Item 1.01 (which covers M\u0026A and material agreements) and the language about \"financing transactions\" suggests this is a material credit facility or refinancing arrangement that warrants classification as a significant financial event. The materiality is clear given the scale of operations and debt management implications.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T03:07:36.666306+00:00","company_name":"Wheels Up Experience Inc.","ticker":"WSUPW","filing_date":"2026-06-01"}]}