Form 4: Workiva Director Robert Herz Sells Shares in Recent Transaction
SEC Form 4 Filing
Director Robert Herz of Workiva Inc. recently sold shares of Class A Common Stock in a transaction dated March 14, 2025.
Summary
- Robert H. Herz, a director of Workiva Inc., reported a transaction involving the sale of Class A Common Stock on March 14, 2025.
- He sold 1,000 shares at a price of $88.7 and 1,500 shares at a weighted-average price of $88.66.
- Following the reported transactions, Herz directly owns 34,084 shares and indirectly owns 36,809 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by a company director. There's no indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of the stock sale transaction. |
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