Form 4: Workiva Director David S. Mulcahy Transfers 5,000 Shares to Family Foundation

Workiva director David S. Mulcahy transferred 5,000 shares of Class A Common Stock to a charitable family foundation.

Summary

• David S. Mulcahy, a director at Workiva Inc., transferred 5,000 shares of Class A Common Stock.
• The transfer was made to a charitable family foundation where Mr. Mulcahy serves as a director.
• Mr. Mulcahy retains voting and investment power over the securities held by the foundation.
• The transaction occurred on November 27, 2024.
• Following the transaction, Mr. Mulcahy directly owns 239,125 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document reflects a neutral transaction, a routine transfer of shares by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for a company director and does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Share transfers to family foundations are a common practice among corporate executives for estate planning and philanthropic purposes.
• The transaction is consistent with standard practices for reporting beneficial ownership changes as required by the SEC.

Stakeholder Impact

• The transaction has no direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Workiva, David S. Mulcahy, Class A Common Stock, Share Transfer, Director, Charitable Foundation, Beneficial Ownership