Upwork Announces New Severance and Change-in-Control Compensation Terms for Chief Accounting Officer

Reuters12-12

Upwork Announces New Severance and Change-in-Control Compensation Terms for Chief Accounting Officer

Upwork Inc. has announced a new severance agreement for its incoming Chief Accounting Officer, Sabrina Mekhalfa, effective December 15, 2025. If terminated without cause outside of a change in control, Mekhalfa will receive a lump sum severance payment equal to six months of her base salary and up to six months of paid medical benefits. If her employment is terminated without cause or she resigns for good reason within three months before or twelve months after a change in control, she will be entitled to a lump sum payment equal to twelve months of base salary, a pro-rated target bonus, full acceleration of unvested equity and cash-based awards (excluding performance-based equity), and up to twelve months of paid medical benefits. The agreement is set for three years, with automatic three-year renewals unless either party provides advance notice.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upwork Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001627475-25-000063), on December 11, 2025, and is solely responsible for the information contained therein.

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