Form 4: Workiva Director Michael Crow Reports Stock Grant

Director Michael Crow reported the acquisition of 2,817 shares of Workiva Inc. Class A Common Stock on May 30, 2024, through a grant of restricted stock units.

Summary

• On May 30, 2024, Michael M. Crow, a director of Workiva Inc., acquired 2,817 shares of Class A Common Stock.
• The acquisition was a grant of restricted stock units pursuant to the 2014 Equity Incentive Plan.
• Following the transaction, Crow directly owns 34,889 shares of Class A Common Stock and indirectly owns 11,443 shares through a family trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a standard executive compensation practice, indicating alignment of interests between management and shareholders.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The director's increased stake in the company could signal confidence in Workiva's future performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders by aligning the director's interests with the company's performance.

Key Dates