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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on UPWORK's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into UPWORK's regulatory disclosures and financial reporting.
Upwork Inc. (Form 144) — This notice states that David Bottoms intends to sell 9,000 shares of Common stock through Morgan Stanley Smith Barney LLC on 08/08/2025 on NASDAQ, with an aggregate market value of $115,936.20. The filing reports 132,606,579 shares outstanding, and the 9,000-share block was acquired as restricted stock from the issuer on 06/18/2025.
The form also lists securities sold by the same person during the past three months: 11,562 shares on 06/18/2025 (gross proceeds $156,148.28), 1,620 shares on 05/20/2025 (gross proceeds $26,583.39), 2,130 shares on 05/19/2025 (gross proceeds $35,602.31), and 1,009 shares on 05/15/2025 (gross proceeds $17,294.87). The filer represents there is no undisclosed material adverse information and certifies the truthfulness of the notice.
Upwork Chief Accounting Officer Marie Olivier executed planned stock sales under a Rule 10b5-1 trading plan established on May 3, 2024. The transactions occurred across two dates:
- On June 20, 2025: Sold 748 shares at weighted average price of $13.2421 per share
- On June 23, 2025: Sold 1,842 shares at $13.2421 per share
Following these transactions, Olivier's direct ownership decreased to 2,042 shares. The sales were executed according to a pre-established trading plan, which provides a safe harbor from insider trading allegations. The share prices ranged from $13.11 to $13.38 during the June 20 transactions. These planned sales represent a reduction in the executive's equity stake but were made under a structured trading program rather than discretionary sales.
Marie Olivier, Chief Accounting Officer of Upwork, reported multiple transactions on June 18, 2025, involving Restricted Stock Units (RSUs) and common stock:
- Acquired 5,217 shares through RSU conversions in three separate transactions (2,635, 1,413, and 1,169 shares)
- Disposed of 1,879 shares at weighted average price of $13.50 per share in a mandatory "sell to cover" transaction to satisfy tax obligations
- Following these transactions, directly owns 4,632 shares of common stock
- Retains 33,300 RSUs (10,539 + 9,895 + 12,866) subject to various vesting schedules through 2025
The RSUs vest quarterly over three to four-year periods, contingent on continued employment. The share sale was not discretionary but mandated by Upwork's equity incentive plan for tax withholding purposes.
Upwork CFO Erica Gessert reported multiple transactions on June 18, 2025, involving restricted stock units (RSUs) and common stock:
- Acquired 8,433 RSUs that vest quarterly over four years from June 18, 2024
- Acquired 9,699 RSUs that vest quarterly over four years from June 18, 2025
- Sold 9,267 shares at weighted average price of $13.51 per share in a mandatory "sell to cover" transaction to satisfy tax obligations
Following these transactions, Gessert directly owns 190,738 shares of common stock, plus 92,762 and 145,496 unvested RSUs from two separate grants. The share sale was not discretionary but rather mandated by Upwork's equity incentive plan to cover tax withholding requirements.
Upwork CEO Hayden Brown reported multiple transactions on June 18, 2025, involving the company's common stock and restricted stock units (RSUs):
- Acquired 46,410 shares through the vesting of RSUs (17,733 + 28,677 shares)
- Sold 23,716 shares at an average price of $13.51 to cover tax withholding obligations
- Following these transactions, Brown directly owns 1,153,485 shares
- Maintains 625,228 unvested RSUs (195,066 + 430,162)
The RSUs vest quarterly over four-year periods starting June 18, 2024, and June 18, 2025, respectively. The share sale was mandatory for tax purposes and not a discretionary trade. Brown serves as both Director and President & CEO of Upwork.
Dave Bottoms, GM of Marketplace at Upwork, reported multiple transactions on June 18, 2025, involving Restricted Stock Units (RSUs) and common stock:
- Acquired 20,907 shares through the conversion of RSUs in three tranches: 8,980, 6,023, and 5,904 shares
- Sold 11,562 shares at weighted average price of $13.51 to cover tax withholding obligations
- Retained 9,345 shares after the transactions
The transactions were part of scheduled RSU vestings with different vesting schedules starting from December 2022, June 2024, and June 2025, each vesting quarterly over four years. The share sale was mandatory under Upwork's equity incentive plan for tax withholding through a "sell to cover" transaction, not a discretionary trade by the executive.