[SCHEDULE 13G/A] WORKIVA INC Amended Passive Investment Disclosure
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Workiva Inc. insider Matthew M. Rizai reports beneficial ownership of 2,658,114 shares tied to Workiva Class A common stock, representing 4.8% of the class as of December 31, 2025. This reflects that he now reports ownership of 5 percent or less of the class.
The stake includes both Class A and Class B common stock, plus 140,204 shares of Class A common stock issuable upon option exercise within 60 days. Class B shares are convertible one-for-one into Class A and carry ten votes per share, giving Rizai substantial voting influence through various trusts and family entities.
Positive
- None.
Negative
- None.
FAQ
What ownership stake in Workiva (WK) does Matthew M. Rizai report?
Matthew M. Rizai reports beneficial ownership of 2,658,114 shares tied to Workiva Class A common stock, representing 4.8% of the class as of December 31, 2025. This reflects reported ownership of five percent or less of that class.
Does Matthew M. Rizai’s Workiva (WK) ownership include stock options?
Yes. The filing states that Rizai’s beneficial ownership includes 140,204 shares of Class A common stock that may be acquired within 60 days upon exercise of outstanding options. These option shares are counted solely for calculating his individual ownership percentage in the filing.
What does it mean that Workiva (WK) ownership is reported as 5 percent or less?
The filing’s Item 5 notes ownership of 5 percent or less of a class, and Rizai’s reported stake is 4.8% of Workiva’s Class A common stock. This indicates his beneficial ownership has dropped below the 5% reporting threshold for that class as of the stated date.