Upwork (NASDAQ: UPWK) files notice to sell 7,000 RSUs

Rhea-AI Filing Summary

Upwork affiliate filed a notice to sell 7,000 Restricted Stock Units on 03/18/2026. The filing lists Morgan Stanley Smith Barney LLC as the broker-dealer for the proposed sale. The excerpt also discloses recent Rule 10b5-1 sales by David Bottoms: 03/18/2026 (11,575 shares), 02/19/2026 (15,649 shares) and 02/18/2026 (17,013 shares) with reported gross proceeds for each trade.

Insights

Securities Counsel

Routine Form 144 sale notice of RSUs with accompanying 10b5-1 transactions; no new issuer proceeds detail.

The filing records a proposed sale of 7,000 Restricted Stock Units on 03/18/2026 and lists Morgan Stanley Smith Barney LLC as the executing broker. The notice is a regulatory disclosure required when an affiliate proposes to sell restricted or control securities.

Separately, the excerpt shows examples of prior Rule 10b5-1 sales by David Bottoms on 03/18/2026 (11,575 shares), 02/19/2026 (15,649), and 02/18/2026 (17,013), with gross proceeds listed. Cash-flow treatment and any restrictions on sale timing are not disclosed in the provided excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	7000	84630.00	130380213	03/19/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/18/2026	Restricted Stock Units	Issuer			7000	03/18/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for DAVID BOTTOMS 530 Lytton Ave, Suite 301 Palo Alto CA 94301	Common	03/18/2026	11575	142509.09
10b5-1 Sales for DAVID BOTTOMS 530 Lytton Ave, Suite 301 Palo Alto CA 94301	Common	02/19/2026	15649	211440.90
10b5-1 Sales for DAVID BOTTOMS 530 Lytton Ave, Suite 301 Palo Alto CA 94301	Common	02/18/2026	17013	236423.49

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the UPWK Form 144 disclose about the 7,000 RSUs?

The filing states an affiliate proposes to sell 7,000 Restricted Stock Units on 03/18/2026. It lists Morgan Stanley Smith Barney LLC as the broker-dealer handling the proposed sale.

Who executed recent 10b5-1 sales shown in the excerpt for UPWK?

The excerpt shows Rule 10b5-1 sales by David Bottoms on 03/18/2026, 02/19/2026, and 02/18/2026. Each entry lists shares sold and gross proceeds for those trades.

How many shares were sold in the most recent 10b5-1 trade listed?

The most recent listed 10b5-1 trade on 03/18/2026 reports 11,575 shares sold with gross proceeds of $142,509.09 according to the excerpt.

Does the Form 144 state whether Upwork receives proceeds from the sale?

The excerpt does not state proceeds treatment. It lists the securities and broker-dealer but does not specify whether the issuer receives any proceeds.

Which broker-dealer is named for the proposed sale in the UPWK filing?

The filing names Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza) as the broker-dealer associated with the proposed sale of 7,000 RSUs.