Workiva (NYSE: WK) director sells 1,500 Class A shares at $51.23
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workiva director Robert H. Herz reported an open-market sale of 1,500 shares of Class A Common Stock at $51.23 per share on June 4, 2026. After this sale, he directly holds 37,372 shares and has an additional 36,809 shares held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,500 shares ($76,845)
Net Sell
2 txns
Insider
Herz Robert H
Role
null
Sold
1,500 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,500 | $51.23 | $77K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 37,372 shares (Direct, null);
Class A Common Stock — 36,809 shares (Indirect, By Trust)
Footnotes (1)
Key Figures
Shares sold: 1,500 shares
Sale price: $51.23 per share
Direct holdings after sale: 37,372 shares
+2 more
5 metrics
Shares sold
1,500 shares
Open-market sale on June 4, 2026
Sale price
$51.23 per share
Class A Common Stock sale
Direct holdings after sale
37,372 shares
Class A Common Stock directly owned post-transaction
Indirect trust holdings
36,809 shares
Class A Common Stock held indirectly by trust
Net shares sold
1,500 shares
Net buy/sell direction is net-sell
Key Terms
open-market sale, Class A Common Stock, indirect ownership
3 terms
open-market sale financial
"reported an open-market sale of 1,500 shares of Class A Common Stock"
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.
Class A Common Stock financial
"1,500 shares of Class A Common Stock at $51.23 per share"
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.
indirect ownership financial
"an additional 36,809 shares held indirectly through a trust"
FAQ
What insider transaction did Workiva (WK) disclose for Robert H. Herz?
Workiva disclosed that director Robert H. Herz sold 1,500 shares of Class A Common Stock in an open-market transaction. The sale occurred on June 4, 2026, and was reported on a Form 4 insider trading filing with the SEC.
Is the Workiva (WK) director’s transaction a buy or sell?
The transaction is a sale of shares. Robert H. Herz executed an open-market sale of 1,500 shares of Workiva Class A Common Stock, as indicated by the “S” transaction code and “open-market sale” description on the Form 4.
Does the Workiva (WK) Form 4 show any option exercises or derivatives?
The Form 4 does not report any derivative security transactions or option exercises for Robert H. Herz. It shows one open-market sale of common stock and a separate holding entry for shares owned indirectly through a trust.