Kappus Anthony Ray 4
4 · UPWORK, INC · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Upwork (UPWK) COO Anthony Kappus Receives 22,603 RSU Award
What Happened Anthony Ray Kappus, Chief Operating Officer of Upwork, was granted 22,603 restricted stock units (RSUs) on 2026-04-18. The RSUs were awarded at $0.00 (no cash purchase); they are a derivative compensation grant that can convert to common shares if vesting conditions are met.
Key Details
- Transaction date: 2026-04-18; Form 4 filed: 2026-04-21 (reporting the grant).
- Award: 22,603 RSUs; acquisition price reported $0.00 (award/grant, code A).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU equals a contingent right to one share; F2 — RSUs vest in equal quarterly installments over four years beginning July 18, 2026, subject to continued employment.
- No indication in the provided details of a 10b5-1 plan, tax withholding sale, or late-filing flag.
Context RSUs are a common form of executive compensation and represent a future right to receive shares if vesting conditions are met; they are not an open-market purchase (which might signal personal bullishness) nor an immediate sale. The multi-year quarterly vesting schedule means the economic interest vests gradually, aligning retention incentives with the company.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-18+22,603→ 22,603 total→ Common Stock (22,603 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The RSUs vest in equal quarterly installments over four years beginning on July 18, 2026, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.