Workiva (NYSE: WK) holder plans Rule 144 sale of 30,364 shares
Rhea-AI Filing Summary
Workiva shareholder Matthew Rizai filed a notice to sell 30,364 common shares under Rule 144. The planned sale is through Merrill Lynch in West Des Moines, Iowa, with an aggregate market value of 2,429,120 and will take place on 01/21/2026 on the NYSE. The issuer has 52,432,466 common shares outstanding.
Rizai previously acquired 293,468 common shares on 09/07/2017 and 2,077,058 shares on 12/12/2014 for cash directly from the issuer. During the past three months he sold 25,616, 60,000 and 78,421 common shares on 01/02/2026, 12/17/2025 and 11/12/2025, generating gross proceeds of 2,131,927, 5,307,828 and 7,294,203.
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Insights
Routine Rule 144 filing outlines planned share sale by a major Workiva holder.
Matthew Rizai has filed a Rule 144 notice to sell 30,364 shares of Workiva common stock through Merrill Lynch on the NYSE, with an aggregate market value of 2,429,120. Rule 144 filings generally indicate planned sales of restricted or control securities by affiliates or large shareholders, providing transparency into upcoming secondary market activity.
The disclosure also lists prior cash acquisitions from the issuer totaling more than 2.3 million shares across 2014 and 2017, along with recent sales over the past three months. Those recent transactions include 25,616, 60,000 and 78,421 shares, with gross proceeds of 2,131,927, 5,307,828 and 7,294,203, respectively. The filing does not state any reasons or commentary; it simply records intended and recent sales as required by Rule 144.