Welcome to our dedicated page for Upwork SEC filings (Ticker: UPWK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Hiring trends, gross services volume, and the cost of attracting new clients define Upwork’s profitability, yet those critical data points are buried deep inside its SEC disclosures. Whether you’re tracking the platform’s take rate or monitoring how new enterprise subscriptions scale, deciphering a marketplace business like Upwork means wading through hundreds of pages across multiple forms.
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Upwork Inc. has appointed Sabrina Mekhalfa, age 57, as its Chief Accounting Officer and principal accounting officer, effective December 15, 2025. She previously held senior accounting roles at Velocity Global Holdings (Pebl) and UserTesting Inc. and holds advanced finance and business degrees from Université Paris Dauphine-PSL and Baruch College.
Her compensation includes an initial annual base salary of $365,000, a target annual bonus equal to 50% of base salary, and a $175,000 cash sign-on bonus payable after 90 days of service, subject to repayment if she leaves within one year under specified circumstances. She will also receive an RSU award valued at $850,000, determined by the 30‑day average stock price, vesting quarterly over three years. A change in control and severance agreement provides lump-sum salary and bonus payments, accelerated vesting of unvested equity (other than performance-based awards), and continued medical benefit premiums if she is terminated without cause or resigns for good reason under defined timing conditions.
Upwork Inc. (UPWK) disclosed that its President & CEO, who is also a director, reported selling 60,000 shares of common stock on 11/21/2025. The shares were sold at a weighted average price of $18.2019 per share, with individual trade prices ranging from $18.08 to $18.22. After this transaction, the reporting person beneficially owns 1,047,894 shares of Upwork common stock, held directly. The filer has committed to provide detailed trade breakdowns upon written request to the company, its shareholders, or the SEC staff.
Upwork Inc. director reports stock sale in a Form 4 filing. On 11/21/2025, the reporting person, a director of Upwork, Inc. (UPWK), sold 12,500 shares of common stock in an open-market transaction. The weighted average sale price was $17.5079 per share, with individual trades executed between $17.40 and $17.62 per share. Following this sale, the director beneficially owns 85,129 shares of Upwork common stock held directly.
Upwork Inc. (UPWK) President & CEO reported multiple equity transactions on 11/18/2025 tied to restricted stock units (RSUs). Several RSU awards vested and were converted into common stock, including 9,589, 7,610, 14,850, and 18,333 shares, all at an exercise price of $0.00 per share. Following these transactions, the reporting person directly owned 1,107,894 shares of common stock and held additional RSUs covering 9,589, 7,611, 74,250, and 91,667 shares.
To cover tax withholding obligations from the RSU vesting, the CEO sold 12,114 shares at a weighted average price of $16.1385 and 12,732 shares at a weighted average price of $17.2405. The filing states these sales were mandated "sell to cover" transactions under Upwork’s equity incentive plans and do not represent discretionary trades by the executive. The RSUs vest over time based on continued employment, with various schedules beginning on February 18, 2023, May 18, 2022, February 18, 2024, and May 18, 2023.
Upwork Inc. (UPWK) filed a Form 4 reporting equity transactions by its Chief Financial Officer. On 11/18/2025, 37,500 restricted stock units (RSUs) vested and were converted into the same number of common shares. These RSUs were part of an award that began vesting 25% on May 18, 2024, with additional vesting in equal quarterly installments.
To cover tax withholding obligations from this vesting, the CFO had 9,059 shares sold at a weighted average price of $16.1382 per share and 9,434 shares sold at a weighted average price of $17.2402 per share under a mandated “sell to cover” arrangement, which the filing states was not a discretionary trade. Following these transactions, the CFO directly owned 237,612 shares of Upwork common stock and held 225,000 RSUs representing contingent rights to receive an equal number of shares.
Upwork Inc. (UPWK) executive GM, Marketplace reported several equity transactions. On November 17, 2025, the reporting person sold 561 shares of common stock at $16.45 per share under a Rule 10b5-1 trading plan. On November 18, 2025, 3,750 restricted stock units (RSUs) were converted into common shares, and the person then sold 955 shares at a weighted average price of $16.1426 and 1,047 shares at a weighted average price of $17.2393. On November 19, 2025, an additional 1,748 shares were sold at a weighted average price of $18.1293.
Some of the sales were required to cover tax withholding obligations tied to RSU vesting, described as “sell to cover” transactions rather than discretionary trades. Following these transactions, the reporting person directly owned 345 shares of Upwork common stock and 18,750 RSUs, each RSU representing one share that vests quarterly over four years beginning on May 18, 2023.
Upwork Inc. reported stronger Q3 2025 results. Revenue rose to
Marketplace revenue was
Liquidity remained solid with cash and cash equivalents of
Upwork Inc. furnished an 8-K to announce its financial results for the quarter ended September 30, 2025. The company will host a conference call on November 3, 2025, and the full earnings press release is included as Exhibit 99.1.
The furnished materials are not deemed “filed” under Section 18 of the Exchange Act and are not incorporated by reference except as specifically stated. The release includes certain non-GAAP financial measures, with GAAP reconciliations provided in Exhibit 99.1. Upwork also notes it uses its investor website, blog, and select X/LinkedIn channels to share business and financial updates in line with Regulation FD.
Erica Gessert, Chief Financial Officer of Upwork, Inc. (UPWK), reported multiple equity transactions on 09/18/2025. The filing shows acquisition of 8,433 and 9,700 restricted stock units (RSUs) that vest quarterly over four years, increasing RSU-based claims on common stock. Concurrently, 8,730 shares were sold as a mandatory "sell-to-cover" to satisfy tax-withholding obligations at a weighted-average price of $19.1641 per share. Following these events, the reporting person beneficially owned 218,605, 227,335, and other figures shown per transaction line, and held 84,329 and 135,796 shares attributable to vested RSUs in Table II. The sale was described as required by the company’s equity plan and not a discretionary trade.
Dave Bottoms, GM, Marketplace at Upwork, Inc. (UPWK), reported issuance and sales tied to restricted stock units (RSUs) and a Rule 10b5-1 plan. On 09/18/2025 and 09/19/2025 the reporting person had multiple non-derivative and derivative transactions: vesting RSUs were recorded (8,980; 6,024; 5,904 RSUs) that convert one-for-one into common shares when vested. To satisfy tax-withholding, 10,894 shares were sold on 09/18/2025 at a weighted average price of $19.1646 and 10,014 shares were sold on 09/19/2025 under a 10b5-1 plan at a weighted average price of $19.9588. Following these transactions the reporting person beneficially owned 345 shares (after the 09/19 sale). The RSUs vest quarterly over four years per the stated grant schedules.
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