Form 4 for UPWK UPWORK, INC
Accepted 2025-12-22 00:00:00 ET · period of report 2025-12-18 · accession 0001975669-25-000009 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-12-22 | 2025-12-18 | UPWK | Gessert Erica | CFO | M - OptEx | — | +18.1K | 255.7K | +8% | — |
| D | 2025-12-22 | 2025-12-18 | UPWK | Gessert Erica | CFO | S - Sale+OE | $20.59 | -9,044 | 246.7K | -4% | -$186.2K |
| DM | 2025-12-22 | 2025-12-18 | UPWK | Gessert Erica | CFO | M - OptEx | $0.00 | -18.1K | 126.1K | -13% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-18 | M | A | 8,433 | — | 246,045 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
| 2 | Common | Common Stock | 2025-12-18 | S | D | 9,044 | $20.59 | 246,701 | D | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.24 to $20.95 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Common | Common Stock | 2025-12-18 | M | A | 9,700 | — | 255,745 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
| 4 | Derivative | Restricted Stock Units | 2025-12-18 | M | D | 8,433 | $0.00 | 75,896 | D | — · — to — | 8,433 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F4) The RSUs vest in equal quarterly installments over four years beginning on June 18, 2024, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date. |
| 5 | Derivative | Restricted Stock Units | 2025-12-18 | M | D | 9,700 | $0.00 | 126,096 | D | — · — to — | 9,700 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F5) The RSUs vest in equal quarterly installments over four years beginning on June 18, 2025, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date. |