SCHEDULE: Eminence Capital Reports 4.8% Stake in Workiva

Eminence Capital, LP and Ricky C. Sandler have disclosed a beneficial ownership of 4.8% of Workiva Inc.'s Class A Common Stock as of March 31, 2026.

Summary

• Eminence Capital, LP, along with Ricky C. Sandler, has filed a Schedule 13G, indicating their beneficial ownership of Workiva Inc. Class A Common Stock.
• As of March 31, 2026, the reporting persons collectively hold 2,519,889 shares, representing 4.8% of the company's outstanding Class A Common Stock.
• This ownership stake is held through various investment funds and separately managed accounts managed by Eminence Capital.
• Ricky C. Sandler, as Chief Executive Officer of Eminence Capital, may be deemed to have shared voting and dispositive power over these shares.
• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not provide performance data or strategic updates.

Positives

• Eminence Capital, a significant investment entity, has taken a notable stake in Workiva, potentially signaling confidence in the company's future prospects.
• The ownership percentage of 4.8% indicates a substantial investment, which could lead to increased institutional interest in Workiva's stock.

Risks

• The filing does not explicitly mention any risks. However, any investment carries inherent market risks.
• Potential for increased scrutiny from regulators or other investors due to the significant ownership stake.

Future Outlook

The filing does not contain forward-looking statements or guidance. It is a disclosure of beneficial ownership.

Management Comments

• "The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13G of the Securities Exchange Act of 1934, the beneficial owner of the securities reported herein."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in public companies. This filing indicates Eminence Capital's strategic interest in Workiva within the cloud-based compliance and reporting software sector.

Stakeholder Impact

• Shareholders: May view the increased institutional ownership positively, potentially leading to greater liquidity and market interest.
• Management: May need to engage with Eminence Capital regarding their investment strategy and the company's performance.
• Competitors: May observe this stake as a sign of Workiva's market position and potential for growth.

Next Steps

• Eminence Capital will continue to hold its shares in Workiva Inc. in the ordinary course of business.
• Further filings may be required if Eminence Capital's ownership stake changes significantly.

Key Dates

Keywords

Workiva Inc, Schedule 13G, Eminence Capital, Ricky C. Sandler, Class A Common Stock, Beneficial Ownership, Investment Funds, SEC Filing