Form 4: Workiva CFO Jill Klindt Reports Stock Transaction

Jill Klindt, EVP, CFO & Treasurer of Workiva Inc., reports disposition of shares to cover withholding taxes upon vesting of restricted stock units.

Summary

• On March 1, 2024, Jill Klindt, the EVP, CFO & Treasurer of Workiva Inc., reported a transaction involving Class A Common Stock.
• A total of 3,753 shares were disposed of at a price of $85.5 per share.
• This transaction was related to the payment of withholding taxes due upon the vesting of restricted stock units previously granted.
• Following the transaction, Klindt directly owns 102,284 shares of Class A Common Stock.
• Klindt also holds an option to purchase 25,000 shares of Class A Common Stock at an exercise price of $18.6, granted on July 3, 2018, under the 2014 Equity Incentive Plan, vesting over time.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency to the market.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the disposition of shares to cover tax obligations, which is a common practice.

Key Dates