Form 4: Workiva EVP, Sales Michael D. Hawkins Sells Shares
SEC Form 4 Filing
Michael D. Hawkins, EVP of Sales at Workiva Inc, sold 2,381 shares of Class A Common Stock on February 26, 2024, at a price of $86.87 per share.
Summary
- On February 26, 2024, Michael D. Hawkins, the EVP of Sales at Workiva Inc, sold 2,381 shares of Class A Common Stock.
- The sale price was $86.87 per share.
- Following the transaction, Hawkins directly owns 62,453 shares of Workiva Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. Insider sales can be interpreted in various ways, but without additional context, it's neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Insider sales are common and do not necessarily indicate a negative outlook for the company.
- It's important to compare this transaction to the insider trading activity of peer companies like Adobe (ADBE) or Salesforce (CRM) to understand if this is an isolated event or part of a broader trend.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock sale transaction |
| 02/27/2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.