BRAMLEY CLAIRE 4

What Happened

• Claire Bramley, a director of Upwork, Inc. (UPWK), received an award of 45,146 restricted stock units (RSUs) on June 4, 2026. The reported acquisition price is $0.00 (an equity award, not a purchase), so there was no cash paid by the insider at grant. This is an equity compensation grant rather than a market buy or sale.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
• Transaction type/code: A (Award/Grant) — 45,146 RSUs at $0.00.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote (vesting): The RSUs vest 1/3 on June 4, 2027; 1/3 on June 4, 2028; and the final 1/3 on the earlier of the day before Upwork’s 2029 annual meeting or December 31, 2029, subject to continued service through each vesting date.

Context

• RSU grants are standard compensation for directors and employees and do not reflect an immediate cash outlay or sale. The award creates future equity interest that only converts to actual shares if and when the RSUs vest and any applicable conditions are met.