Workiva (NYSE: WK) director sells 1,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workiva Inc. director Robert H. Herz reported an open-market sale of 1,000 shares of Class A Common Stock. The shares were sold at a price of $49.69 per share on May 29, 2026. After this transaction, he directly holds 34,802 shares and indirectly holds 36,809 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($49,690)
Net Sell
2 txns
Insider
Herz Robert H
Role
null
Sold
1,000 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,000 | $49.69 | $50K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 34,802 shares (Direct, null);
Class A Common Stock — 36,809 shares (Indirect, By Trust)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price per share: $49.69 per share
Direct holdings after transaction: 34,802 shares
+1 more
4 metrics
Shares sold
1,000 shares
Open-market sale of Class A Common Stock on May 29, 2026
Sale price per share
$49.69 per share
Price for 1,000-share open-market sale
Direct holdings after transaction
34,802 shares
Class A Common Stock directly owned after sale
Indirect holdings by trust
36,809 shares
Class A Common Stock held indirectly by trust
Key Terms
Class A Common Stock, open-market sale, indirect ownership, By Trust
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect""
By Trust financial
"nature_of_ownership: "By Trust""
FAQ
What insider transaction did Workiva (WK) report for Robert H. Herz?
Workiva reported that director Robert H. Herz sold 1,000 shares of Class A Common Stock. The transaction was an open-market sale executed on May 29, 2026, and is recorded as a non-derivative transaction in the Form 4 filing.
What type of securities were involved in the Workiva (WK) Form 4 filing?
The Form 4 filing involves Workiva Class A Common Stock. One entry is an open-market sale of 1,000 non-derivative shares, and another entry reflects an indirect holding of 36,809 shares held by a trust, without a reported transaction amount on that line.
How is indirect ownership reported for Robert H. Herz in Workiva (WK)?
Indirect ownership for Robert H. Herz is reported as 36,809 shares of Class A Common Stock held "By Trust." The filing classifies this position as indirect with ownership code "I," distinguishing it from his directly held 34,802-share position after the transaction.