VANDERPLOEG MARTIN J. 4
4 · WORKIVA INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Workiva Director Vanderploeg Delivers Shares for Taxes, Receives RSU Grant
What Happened
Martin J. Vanderploeg, a director of Workiva Inc. (WK), had 28,942 shares delivered to the company on June 1, 2026 to satisfy withholding taxes tied to vested restricted stock units — those shares were recorded at $52.83 each for a total value of about $1,529,006. On the same date he was also granted 4,070 restricted stock units (RSUs) under the company’s equity plan (no per-share price reported for the grant).
Key Details
- Transaction date: 2026-06-01; filing dated 2026-06-03 (appears timely for a Form 4).
- Disposition: 28,942 shares delivered at $52.83/share = $1,529,006 (code F — tax withholding).
- Acquisition: 4,070 RSUs granted (code A) under the Workiva Inc. 2014 Equity Incentive Plan; value per share not listed.
- Shares owned after the transactions: not specified in the provided filing.
- Relevant footnotes: F1 confirms shares were delivered to the issuer to pay withholding taxes on vested RSUs; F2 notes the RSU grant is pursuant to the 2014 Equity Incentive Plan. The filing also includes standard company notes about Class B→Class A conversion and general option/vesting provisions (see F3–F5).
Context
- The 28,942-share disposition was a withholding/cashless delivery to cover taxes upon vesting (routine administrative action), not an open-market sale that signals a directional trade.
- The 4,070 RSU entry is an equity award; such grants typically vest over time (the filing includes a note that some grants vest in three equal annual installments).
- This filing is informational and factual; it does not by itself indicate the director’s view on the company’s stock.
Insider Transaction Report
Form 4
VANDERPLOEG MARTIN J.
Director
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-06-01$52.83/sh−28,942$1,529,006→ 288,205 total - Award
Class A Common Stock
[F2]2026-06-01+4,070→ 292,275 total
Holdings
- 439,885(indirect: By Trust)
Class A Common Stock
- 1,201,832(indirect: By Trust)
Class B Common Stock
[F3]→ Class A Common Stock (1,201,832 underlying) - 200,204
Employee Stock Option to Purchase Class A Common Stock
[F4][F5]Exercise: $12.40From: 2018-02-01Exp: 2027-01-31→ Class A Common Stock (200,204 underlying)
Footnotes (5)
- [F1]Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted.
- [F2]Grant of restricted stock units pursuant to the Workiva Inc. 2014 Equity Incentive Plan.
- [F3]Each share of Class B Common Stock is convertible, at any time at the election of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (i) the date specified by the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, (ii) any transfer, except for certain "qualified transfers" (as defined in the Issuer's Certificate of Incorporation) or (iii) upon the death of a natural person holding shares of Class B Common Stock (subject to certain exceptions as defined in the Issuer's Certificate of Incorporation).
- [F4]Grant of stock option pursuant to the Workiva Inc. 2014 Equity Incentive Plan.
- [F5]Vests in three equal annual installments commencing on the first anniversary of the grant date.
Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Martin J. Vanderploeg|2026-06-03