SCHEDULE 13G/A: BlackRock Discloses 8.1% Stake in Workiva Inc. Class A Stock
Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, revealing its beneficial ownership of 8.1% of Workiva Inc.'s Class A Stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 4,227,513 shares of Workiva Inc.'s Class A Stock.
- This stake represents 8.1% of the total outstanding Class A Stock.
- BlackRock holds sole voting power over 4,165,815 shares.
- BlackRock holds sole dispositive power over all 4,227,513 beneficially owned shares.
- No shared voting or shared dispositive power was reported.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Workiva Inc.
- Various BlackRock subsidiaries and affiliates contribute to this aggregate beneficial ownership, with at least one entity owning 5% or more of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of an ownership stake and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure by a large institutional investor, BlackRock, detailing its passive ownership stake in a publicly traded company, Workiva Inc. It reflects BlackRock's ongoing investment activities and portfolio management, rather than a specific strategic move related to Workiva's industry position.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, which was revoked. |
| 2025-01-21 | Date of the new Power of Attorney. |
| 2025-03-31 | Date of event which requires the filing of this statement (reporting period end). |
| 2025-04-24 | Date the Schedule 13G Amendment No. 7 was signed. |
Keywords
BlackRock Inc., Workiva Inc., Schedule 13G, Beneficial Ownership, Class A Stock, SEC Filing, Institutional Investor, Passive Investment, Equity Stake
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