Form 4: Upwork COO Sells Shares
Insider Transaction (Form 4)
Anthony Ray Kappus, GM & Chief Operating Officer of Upwork, Inc, sold 45,732 shares of common stock on September 18, 2026 for $8.45 per share.
Summary
- Option exercise/conversion: acquired 114,860 Common Stock on September 18, 2026; holds 122,074 after (Direct).
- Open-market sale: disposed of 45,732 Common Stock at $8.45 ($386,472) on September 18, 2026; holds 76,342 after (Direct).
- Option exercise/conversion: disposed of 114,860 Restricted Stock Units on September 18, 2026; holds 344,582 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $386,472 of stock on the open market.
Insider Transactions
Anthony Ray Kappus — Officer (GM & Chief Operating Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-18 | Option exercise/conversion | Common Stock | 114,860 | — | — | 122,074 |
| 2026-09-18 | Open-market sale | Common Stock | 45,732 | $8 | $386.5K | 76,342 |
| 2026-09-18 | Option exercise/conversion | Restricted Stock Units | 114,860 | — | — | 344,582 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-18 | Option exercise/conversion (114,860 shares) |
| 2026-09-18 | Open-market sale (45,732 shares) |
| 2026-09-18 | Option exercise/conversion (114,860 shares) |
Keywords
insider transaction, Form 4, UPWK, UPWORK, INC, bearish, Anthony Ray Kappus
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