Form 4: Workiva Director Suku Radia Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Director Suku Radia reports acquiring Class A Common Stock of Workiva Inc. through a grant of restricted stock units.
Summary
- On May 30, 2024, Suku V. Radia, a director of Workiva Inc., acquired 2,817 shares of Class A Common Stock.
- This acquisition was a grant of restricted stock units pursuant to the 2014 Equity Incentive Plan.
- Following the transaction, Radia directly owns 41,923 shares of Class A Common Stock and indirectly owns 21,909 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, neither particularly positive nor negative. It simply reports a transaction.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of transaction: Grant of restricted stock units. |
| 06/03/2024 | Date of signature for the Form 4 filing. |
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