Form 4: Workiva Director Sells Shares, Gifts Stock to Trusts

Workiva Director Martin J. Vanderploeg reported the sale of Class A Common Stock for tax withholding and gifted Class B Common Stock to trusts.

Summary

• Director Martin J. Vanderploeg disposed of 560 shares of Class A Common Stock on February 1, 2026, at a price of $77.02 per share.
• This disposition was for the payment of withholding taxes due upon the vesting of previously granted restricted stock units.
• Vanderploeg gifted 491,270 shares of Class B Common Stock to a charitable remainder trust on January 21, 2026, resulting in zero shares held by that trust.
• An additional 491,270 shares of Class B Common Stock were gifted from a living trust on January 21, 2026, leaving 1,201,832 shares in the living trust.
• Vanderploeg continues to hold 200,204 employee stock options to purchase Class A Common Stock with an exercise price of $12.40, granted on February 1, 2018, and expiring on January 31, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the reported transactions are routine insider activities related to tax obligations and personal estate planning, rather than discretionary sales or purchases based on new company information.

Positives

• The director continues to hold a significant number of shares and options, indicating continued alignment with shareholder interests.

Negatives

• A director disposed of 560 shares of Class A Common Stock, although this was for tax withholding purposes and not a discretionary sale.
• Significant gifts of Class B Common Stock reduce the director's beneficial ownership, though these are for personal estate planning.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, providing transparency into management's holdings and activity. These transactions, particularly those related to tax withholding or estate planning, typically do not reflect broader industry trends or company-specific operational changes.

Stakeholder Impact

• Shareholders: Provides transparency into a director's holdings and transactions, but the transactions themselves are not indicative of operational changes or new company performance information.

Key Dates

Recommendation

The filing details routine insider transactions (tax-related disposition and gifts) that are not indicative of a change in the company's fundamental outlook or performance. As such, it does not provide a basis for a change in investment recommendation.

Keywords

WORKIVA, WK, Form 4, insider transaction, beneficial ownership, stock options, restricted stock units, director, stock sale, stock gift