Form 4: Upwork CFO Sells Shares
Insider Transaction (Form 4)
Erica Gessert, Chief Financial Officer of Upwork, Inc, sold 9,336 shares of common stock on September 18, 2026 for $8.45 per share.
Summary
- Option exercise/conversion: acquired 8,433 Common Stock on September 18, 2026; holds 373,222 after (Direct).
- Option exercise/conversion: acquired 9,700 Common Stock on September 18, 2026; holds 382,922 after (Direct).
- Open-market sale: disposed of 9,336 Common Stock at $8.45 ($78,897) on September 18, 2026; holds 373,586 after (Direct).
- Option exercise/conversion: disposed of 8,433 Restricted Stock Units on September 18, 2026; holds 50,598 after (Direct).
- Option exercise/conversion: disposed of 9,700 Restricted Stock Units on September 18, 2026; holds 96,997 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $78,897 of stock on the open market.
Insider Transactions
Erica Gessert — Officer (Chief Financial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-18 | Option exercise/conversion | Common Stock | 8,433 | — | — | 373,222 |
| 2026-09-18 | Option exercise/conversion | Common Stock | 9,700 | — | — | 382,922 |
| 2026-09-18 | Open-market sale | Common Stock | 9,336 | $8 | $78.9K | 373,586 |
| 2026-09-18 | Option exercise/conversion | Restricted Stock Units | 8,433 | — | — | 50,598 |
| 2026-09-18 | Option exercise/conversion | Restricted Stock Units | 9,700 | — | — | 96,997 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-18 | Option exercise/conversion (8,433 shares) |
| 2026-09-18 | Option exercise/conversion (9,700 shares) |
| 2026-09-18 | Open-market sale (9,336 shares) |
| 2026-09-18 | Option exercise/conversion (8,433 shares) |
| 2026-09-18 | Option exercise/conversion (9,700 shares) |
Keywords
insider transaction, Form 4, UPWK, UPWORK, INC, bearish, Erica Gessert
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