STOCK TITAN

Matthew Rizai to sell 120,000 shares via Morgan Stanley (NYSE: WK)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Matthew Rizai filed a Form 144 notifying an intended sale of 120,000 shares of Common Stock on 07/01/2026. The notice lists Morgan Stanley Smith Barney LLC as the broker and an aggregate value of $6,047,292.00 for the shares. The filing also reports prior sales of 20,204 shares on 06/17/2026 for $986,589.61. As context, the filing shows 52,549,753 shares outstanding as of 07/01/2026.

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Insights

Notice of resale under Rule 144 for 120,000 shares; broker identified.

The filing is a Rule 144 notice listing an intended sale of 120,000 shares through Morgan Stanley Smith Barney LLC with an aggregate value shown as $6,047,292.00. It also discloses prior sales of 20,204 shares on 06/17/2026 for $986,589.61.

Rule-related qualifiers and timing matter for resale eligibility; the excerpt does not state any holding-period or other conditions. Future disclosures or trade reports will show whether the listed sale occurs and its actual cash-flow treatment.

Planned sale 120,000 shares intended sale dated 07/01/2026
Aggregate value (listed) $6,047,292.00 associated with the 120,000 shares in the filing
Prior sales (past 3 months) 20,204 shares sold on 06/17/2026
Prior sale value $986,589.61 value reported for 20,204 shares on 06/17/2026
Shares outstanding 52,549,753 shares as of 07/01/2026
Broker Morgan Stanley Smith Barney LLC listed as broker for the sale
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"Securities To Be Sold | Stock Option Exercise"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Common | 07/01/2026 | Stock Option Exercise"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 for WK show about Matthew Rizai's planned sale?

The Form 144 notifies an intended sale of 120,000 shares of Common Stock scheduled for 07/01/2026. It names Morgan Stanley Smith Barney LLC as the broker and reports an aggregate value of $6,047,292.00.

How many shares did Matthew Rizai sell in the past 3 months according to the filing?

The filing lists prior sales of 20,204 shares on 06/17/2026. The reported value for that sale is $986,589.61, as shown in the excerpt.

What baseline share count does the Form 144 provide for WK?

The excerpt shows 52,549,753 shares outstanding as of 07/01/2026. This figure is presented in the filing as a context number tied to the same date.

Who is the broker handling the proposed sale listed in the Form 144?

The broker identified in the notice is Morgan Stanley Smith Barney LLC, with an address shown as 1 New York Plaza, 8th Floor, New York, NY 10004 in the excerpt.

Does the filing state proceeds treatment or seller restrictions for the planned sale?

The excerpt lists an aggregate value for the shares but does not specify proceeds allocation, locking agreements, or other resale restrictions. Cash-flow treatment details are not provided in the visible content.