Form 4: Workiva Director Suku Radia Sells Shares in Recent Transaction

Director Suku Radia of Workiva Inc. sold 25,678 Class A Common Stock shares at $95 each and 10,000 shares held indirectly.

Summary

• Suku Radia, a director at Workiva Inc., has reported a transaction involving the sale of company stock.
• On November 11, 2024, Radia sold 25,678 shares of Class A Common Stock at a price of $95 per share.
• Additionally, 10,000 shares held indirectly were disposed of.
• Following these transactions, Radia still beneficially owns 28,154 shares indirectly through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing for a stock sale by a director, which is neither positive nor negative in itself.

Industry Context

This is a routine disclosure of a stock transaction by a company director, which is common in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, such as Workiva.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar transactions are regularly reported by directors and officers of comparable companies.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

Keywords

Workiva, Director, Stock Sale, Form 4, Suku Radia, Share Transaction, Class A Common Stock