Swain Junko 4

What Happened

• Junko Swain, Senior Vice President and Chief Accounting Officer of Workiva Inc. (WK), received a grant of 6,859 restricted stock units (RSUs) on 2026-02-02 at an effective value of $76.54 per share (total value $524,988).
• On 2026-02-01 she delivered 618 shares to the company to satisfy withholding tax obligations related to previously vested RSUs; those 618 shares were valued at $77.02 each for a total of $47,598. The delivery of shares for tax withholding is reported as disposition code F (tax withholding), while the RSU grant is reported as code A (award).

Key Details

• Transaction dates and prices:
  • 2026-02-01: 618 shares delivered for tax withholding @ $77.02 = $47,598 (Disposition, code F).
  • 2026-02-02: 6,859 RSUs granted @ $76.54 = $524,988 (Award, code A).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Notable footnotes from the filing:
  • F1: Shares delivered to the issuer to pay withholding taxes on vested RSUs.
  • F2: Includes 185 shares purchased under the Workiva Employee Stock Purchase Plan on 2025-01-14 (affects total reported holdings).
  • F3: The grant is made under Workiva’s 2014 Equity Incentive Plan.
  • F4: RSUs vest in four equal annual installments beginning one year after the grant date.
• Filing timeliness: The Form 4 was filed on 2026-02-03 for transactions on 2026-02-01 and 2026-02-02 (no late filing indicator reported).

Context

• The 6,859-item entry is an RSU grant (compensation), not an open-market purchase; RSUs typically convert to shares only as they vest per the stated schedule.
• The 618-share transfer was a tax-withholding action (common practice when RSUs vest) rather than an active sale into the market, and thus is routine administrative processing rather than a directional investment decision.