Research Summary
AI-generated summary of this SEC filing
Workiva (WK) EVP Brandon Ziegler Sells 6,571 Shares
What Happened
Brandon Ziegler, EVP, CLO, CAO & Corporate Secretary of Workiva Inc. (WK), sold 6,571 shares in an open-market transaction on August 20, 2026. The filing reports a weighted-average price of $75.97 per share (range $75.76–$76.19), for total proceeds of approximately $499,199. This was a sale (liquidity event), not a purchase or option exercise.
Key Details
- Transaction date: 2026-08-20 (reported on Form 4 filed 2026-08-21)
- Transaction type/code: Open-market sale (S)
- Shares sold: 6,571
- Reported weighted-average price: $75.97; actual prices ranged $75.76–$76.19 (Footnote F1)
- Gross proceeds: ~$499,199
- Shares owned after transaction: Not specified in the provided filing summary
- Footnotes: F1 explains the weighted-average price and the reporter’s undertaking to provide per-price breakdown on request; F2 notes inclusion of 147 shares purchased under Workiva’s ESPP on July 14, 2026
- Timeliness: Form 4 was filed one day after the transaction (appears timely; no late filing flag)
Context
This was a straight open-market sale by an executive — common for liquidity and routine compensation planning. The filing does not indicate an option exercise, gift, or 10b5-1 plan in the provided details. Purchases tend to signal stronger insider conviction; sales like this are informational but not definitive about future company performance.