Workiva (NYSE: WK) director records share gift, no stock sales
Rhea-AI Filing Summary
WORKIVA INC (WK) director Martin J. Vanderploeg reported a bona fide gift of 2,780 shares of Class A Common Stock on August 18, 2026, from an indirect holding "by living trust," leaving 437,105 Class A shares held indirectly. He also reports 292,275 Class A shares held directly.
Indirect derivative holdings include 1,201,832 shares of Class B Common Stock, each convertible into one Class A share. Direct derivative holdings include an employee stock option over 200,204 Class A shares at an exercise price of $12.40 per share, expiring January 31, 2027, vesting in three equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,780 shares
Net Sell
4 txns
Insider
VANDERPLOEG MARTIN J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,780 | $0.00 | $0.00 |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Employee Stock Option to Purchase Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 437,105 shares (Indirect, By living trust);
Class B Common Stock — 1,201,832 shares (Indirect, By living trust);
Employee Stock Option to Purchase Class A Common Stock — 200,204 shares (Direct);
Class A Common Stock — 292,275 shares (Direct)
Footnotes (3)
- F1. Each share of Class B Common Stock is convertible, at any time at the election of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (i) the date specified by the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, (ii) any transfer, except for certain "qualified transfers" (as defined in the Issuer's Certificate of Incorporation) or (iii) upon the death of a natural person holding shares of Class B Common Stock (subject to certain exceptions as defined in the Issuer's Certificate of Incorporation).
- F2. Grant of stock option pursuant to the Workiva Inc. 2014 Equity Incentive Plan.
- F3. Vests in three equal annual installments commencing on the first anniversary of the grant date.
Key Figures
Class A shares gifted: 2,780 shares
Indirect Class A holdings after transaction: 437,105 shares
Direct Class A holdings: 292,275 shares
+4 more
7 metrics
Class A shares gifted
2,780 shares
Bona fide gift of Class A Common Stock on 2026-08-18
Indirect Class A holdings after transaction
437,105 shares
Class A Common Stock held indirectly by living trust after gift
Direct Class A holdings
292,275 shares
Class A Common Stock held directly as of 2026-08-18
Class B Common Stock underlying shares
1,201,832 shares
Each Class B share convertible into one share of Class A Common Stock
Employee stock option underlying shares
200,204 shares
Option to purchase Class A Common Stock under 2014 Equity Incentive Plan
Employee stock option exercise price
$12.40 per share
Exercise price for option over 200,204 Class A shares
Employee stock option expiration date
2027-01-31
Expiration of option to purchase 200,204 Class A shares
Key Terms
bona fide gift, Class B Common Stock, convertible, Equity Incentive Plan, +1 more
5 terms
bona fide gift financial
"Transaction code G described as a bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
convertible financial
"Each share of Class B Common Stock is convertible into one share"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
Equity Incentive Plan financial
"Grant of stock option pursuant to the Workiva Inc. 2014 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vests in three equal annual installments financial
"Vests in three equal annual installments commencing on the first anniversary"
FAQ
What transaction did Martin J. Vanderploeg report in this Form 4 for WK?
Martin J. Vanderploeg reported a bona fide gift of 2,780 shares of Workiva Inc. Class A Common Stock on August 18, 2026, transferred from an indirect holding by a living trust. No open-market purchases or sales were reported in this filing.
What employee stock options does Vanderploeg hold according to this WK Form 4?
He holds an employee stock option to purchase 200,204 shares of Class A Common Stock at an exercise price of $12.40 per share. The option was granted under the Workiva Inc. 2014 Equity Incentive Plan and vests in three equal annual installments, expiring January 31, 2027.
Were Vanderploeg’s August 18, 2026 WK transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the August 18, 2026 transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
