Form 4: Workiva Director Vanderploeg Exercises Stock Options, Acquires Shares

Director Martin J. Vanderploeg exercised stock options to acquire 84,210 shares of Workiva Inc. Class A Common Stock at $14.74 per share.

Summary

• On April 15, 2025, Martin J. Vanderploeg, a director of Workiva Inc., exercised stock options to acquire 84,210 shares of Class A Common Stock at a price of $14.74 per share.
• Following this transaction, Vanderploeg directly owns 398,699 shares of Class A Common Stock.
• Vanderploeg also indirectly owns 355,675 shares through a living trust, 710,562 shares of Class A Common Stock through a living trust related to Class B Common Stock, and 491,270 shares of Class A Common Stock through a charitable remainder trust related to Class B Common Stock.
• The exercised stock options were granted pursuant to the 2014 Equity Incentive Plan and vest in three equal annual installments commencing on the first anniversary of the grant date.
• Each share of Class B Common Stock is convertible into one share of Class A Common Stock under certain conditions.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock option exercise. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The exercise of stock options by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the increase in the number of outstanding shares.

Key Dates

Keywords

Workiva, Director, Stock Options, Class A Common Stock, Beneficial Ownership, Form 4, Vanderploeg