Form 4: Workiva Director Suku Radia Gifts Shares to Trust
SEC Form 4 Filing
Director Suku Radia gifted shares of Workiva Inc. Class A Common Stock to a revocable living trust.
Summary
- On August 28, 2024, Suku V. Radia, a director of Workiva Inc., gifted 31,923 shares of Class A Common Stock to a revocable living trust.
- Radia also gifted 10,000 shares of Class A Common Stock directly.
- Following these transactions, Radia directly owns 0 shares and indirectly owns 53,832 shares through the trust.
Sentiment
Score: 5
Explanation: The document simply reports a gift of shares, which is a neutral event from a financial perspective.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift for Workiva within its industry.
Stakeholder Impact
- The gift of shares may have a minor impact on the overall shareholder base, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of the gift transaction |
| 08/29/2024 | Date of signature on the Form 4 filing |
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