STOCK TITAN

[Form 4] Upwork Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Marie Olivier, Chief Accounting Officer at Upwork, Inc. (UPWK), reported the sale of 1,686 shares of common stock on 08/19/2025 under a Rule 10b5-1 trading plan adopted May 15, 2025. The shares were sold in multiple transactions at prices ranging from $13.86 to $13.91, producing a reported weighted-average price of $13.8821 per share. The filing was signed by an attorney-in-fact on 08/21/2025. The reporting person discloses she beneficially owned 748 shares after the disposals. The filer offers to provide detailed per-trade quantities and prices upon written request.

Marie Olivier, Chief Accounting Officer di Upwork, Inc. (UPWK), ha comunicato la vendita di 1.686 azioni ordinarie il 19/08/2025 nell'ambito di un piano di negoziazione Rule 10b5-1 adottato il 15/05/2025. Le azioni sono state vendute in più operazioni a prezzi compresi tra $13,86 e $13,91, con un prezzo medio ponderato riportato di $13,8821 per azione. Il modulo è stato firmato da un procuratore il 21/08/2025. Dopo le cessioni, la dichiarante indica di detenere beneficiariamente 748 azioni. Il soggetto che ha presentato la segnalazione si rende disponibile a fornire, su richiesta scritta, i dettagli per singola operazione (quantità e prezzi).

Marie Olivier, Chief Accounting Officer de Upwork, Inc. (UPWK), informó la venta de 1.686 acciones ordinarias el 19/08/2025 bajo un plan de negociación Rule 10b5-1 adoptado el 15/05/2025. Las acciones se vendieron en varias transacciones a precios entre $13,86 y $13,91, con un precio medio ponderado reportado de $13,8821 por acción. El formulario fue firmado por un apoderado el 21/08/2025. Tras las disposiciones, la persona informante declara poseer beneficiariamente 748 acciones. El presentador ofrece facilitar, mediante solicitud por escrito, las cantidades y precios por cada operación.

Upwork, Inc.(UPWK)의 최고회계책임자(Chief Accounting Officer)인 Marie Olivier는 2025년 8월 19일에 1,686주의 보통주를 매각했다고 보고했습니다. 이 거래는 2025년 5월 15일 채택된 Rule 10b5-1 거래계획에 따른 것입니다. 주식은 여러 건의 거래로 주당 $13.86에서 $13.91 사이의 가격에 매각되었으며, 보고된 가중평균 가격은 주당 $13.8821입니다. 문서는 2025년 8월 21일에 대리인이 서명했습니다. 처분 후 보고인은 748주를 실소유(beneficially owned)하고 있다고 밝혔습니다. 제출인은 서면 요청 시 개별 거래별 수량 및 가격을 제공하겠다고 제안합니다.

Marie Olivier, Chief Accounting Officer d'Upwork, Inc. (UPWK), a déclaré la vente de 1 686 actions ordinaires le 19/08/2025 dans le cadre d'un plan de négociation Rule 10b5-1 adopté le 15/05/2025. Les titres ont été cédés en plusieurs opérations à des prix compris entre 13,86 $ et 13,91 $, avec un prix moyen pondéré déclaré de 13,8821 $ par action. Le document a été signé par un mandataire le 21/08/2025. Après ces cessions, la personne déclarant la transaction indique détenir bénéficiairement 748 actions. Le déposant propose de fournir, sur demande écrite, les quantités et prix détaillés par transaction.

Marie Olivier, Chief Accounting Officer von Upwork, Inc. (UPWK), meldete den Verkauf von 1.686 Stammaktien am 19.08.2025 im Rahmen eines Rule-10b5-1-Handelsplans, der am 15.05.2025 verabschiedet wurde. Die Aktien wurden in mehreren Transaktionen zu Preisen zwischen $13,86 und $13,91 verkauft; der gemeldete gewichtete Durchschnittspreis betrug $13,8821 je Aktie. Die Einreichung wurde am 21.08.2025 von einem Bevollmächtigten unterzeichnet. Nach den Veräußerungen gab die meldende Person an, weiterhin wirtschaftlich an 748 Aktien beteiligt zu sein. Der Einreicher bietet an, auf schriftliche Anfrage detaillierte mengen- und preisangaben pro Trade zu übermitteln.

Positive
  • Transaction executed under a Rule 10b5-1 plan, indicating a pre-authorized trading arrangement
  • Detailed price disclosure provided: weighted-average price $13.8821 and execution range $13.86–$13.91
  • Post-transaction beneficial ownership disclosed: 748 shares remaining
Negative
  • Insider disposed of 1,686 shares, reducing beneficial ownership
  • Filing provides no rationale for the sale beyond the existence of the 10b5-1 plan

Insights

TL;DR: Sale executed under a documented Rule 10b5-1 plan; disclosure follows Section 16 reporting conventions and includes price range details.

The filing shows an insider sale of 1,686 shares via a pre-established Rule 10b5-1 plan adopted May 15, 2025, with granular disclosure of the weighted-average price and the range of execution prices. This is a routine Section 16 Form 4 disclosure that documents compliance with affirmative defense conditions under Rule 10b5-1. The report also states the reporting person retained 748 shares after the transactions and offers to provide exact per-trade allocation on request.

TL;DR: Insider sale reported transparently; transaction appears administrative rather than extraordinary, per the filing.

The report identifies Marie Olivier as the Chief Accounting Officer and indicates the transaction was executed pursuant to a written trading plan. The filing provides the execution date, weighted-average price, and price range, and it was signed by an attorney-in-fact. Based solely on the filing text, this is a standard disclosure of an insider disposition under an adopted plan, with no additional contextual information provided about timing or rationale.

Marie Olivier, Chief Accounting Officer di Upwork, Inc. (UPWK), ha comunicato la vendita di 1.686 azioni ordinarie il 19/08/2025 nell'ambito di un piano di negoziazione Rule 10b5-1 adottato il 15/05/2025. Le azioni sono state vendute in più operazioni a prezzi compresi tra $13,86 e $13,91, con un prezzo medio ponderato riportato di $13,8821 per azione. Il modulo è stato firmato da un procuratore il 21/08/2025. Dopo le cessioni, la dichiarante indica di detenere beneficiariamente 748 azioni. Il soggetto che ha presentato la segnalazione si rende disponibile a fornire, su richiesta scritta, i dettagli per singola operazione (quantità e prezzi).

Marie Olivier, Chief Accounting Officer de Upwork, Inc. (UPWK), informó la venta de 1.686 acciones ordinarias el 19/08/2025 bajo un plan de negociación Rule 10b5-1 adoptado el 15/05/2025. Las acciones se vendieron en varias transacciones a precios entre $13,86 y $13,91, con un precio medio ponderado reportado de $13,8821 por acción. El formulario fue firmado por un apoderado el 21/08/2025. Tras las disposiciones, la persona informante declara poseer beneficiariamente 748 acciones. El presentador ofrece facilitar, mediante solicitud por escrito, las cantidades y precios por cada operación.

Upwork, Inc.(UPWK)의 최고회계책임자(Chief Accounting Officer)인 Marie Olivier는 2025년 8월 19일에 1,686주의 보통주를 매각했다고 보고했습니다. 이 거래는 2025년 5월 15일 채택된 Rule 10b5-1 거래계획에 따른 것입니다. 주식은 여러 건의 거래로 주당 $13.86에서 $13.91 사이의 가격에 매각되었으며, 보고된 가중평균 가격은 주당 $13.8821입니다. 문서는 2025년 8월 21일에 대리인이 서명했습니다. 처분 후 보고인은 748주를 실소유(beneficially owned)하고 있다고 밝혔습니다. 제출인은 서면 요청 시 개별 거래별 수량 및 가격을 제공하겠다고 제안합니다.

Marie Olivier, Chief Accounting Officer d'Upwork, Inc. (UPWK), a déclaré la vente de 1 686 actions ordinaires le 19/08/2025 dans le cadre d'un plan de négociation Rule 10b5-1 adopté le 15/05/2025. Les titres ont été cédés en plusieurs opérations à des prix compris entre 13,86 $ et 13,91 $, avec un prix moyen pondéré déclaré de 13,8821 $ par action. Le document a été signé par un mandataire le 21/08/2025. Après ces cessions, la personne déclarant la transaction indique détenir bénéficiairement 748 actions. Le déposant propose de fournir, sur demande écrite, les quantités et prix détaillés par transaction.

Marie Olivier, Chief Accounting Officer von Upwork, Inc. (UPWK), meldete den Verkauf von 1.686 Stammaktien am 19.08.2025 im Rahmen eines Rule-10b5-1-Handelsplans, der am 15.05.2025 verabschiedet wurde. Die Aktien wurden in mehreren Transaktionen zu Preisen zwischen $13,86 und $13,91 verkauft; der gemeldete gewichtete Durchschnittspreis betrug $13,8821 je Aktie. Die Einreichung wurde am 21.08.2025 von einem Bevollmächtigten unterzeichnet. Nach den Veräußerungen gab die meldende Person an, weiterhin wirtschaftlich an 748 Aktien beteiligt zu sein. Der Einreicher bietet an, auf schriftliche Anfrage detaillierte mengen- und preisangaben pro Trade zu übermitteln.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Marie Olivier

(Last) (First) (Middle)
C/O UPWORK INC.
530 LYTTON AVENUE, SUITE 301

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UPWORK, INC [ UPWK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/19/2025 S(1) 1,686 D $13.8821(2) 748 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 15, 2025.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.86 to $13.91 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.
Remarks:
/s/ Jacob McQuown, Attorney-in-Fact 08/21/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Upwork (UPWK) officer Marie Olivier report on Form 4?

She reported the sale of 1,686 shares of Upwork common stock executed on 08/19/2025 under a Rule 10b5-1 plan.

At what price were Marie Olivier's UPWK shares sold?

Weighted-average price $13.8821 per share; execution prices ranged from $13.86 to $13.91.

When was the Rule 10b5-1 plan adopted for these transactions?

The plan was adopted on May 15, 2025, per the Form 4 explanation.

How many UPWK shares did Marie Olivier own after the sale?

She beneficially owned 748 shares following the reported disposals.

Who signed the Form 4 for Marie Olivier?

The Form 4 was signed by an attorney-in-fact, Jacob McQuown, on 08/21/2025.
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