Swain Junko 4

What Happened
Junko Swain, SVP and Chief Accounting Officer of Workiva (WK), received 771 shares on Feb 11, 2026 as vested performance restricted stock units (PSUs) (acquired at $0.00). To cover withholding taxes, 374 of those shares were delivered to the issuer at $64.95 per share, totaling $24,291 (disposed). Net increase to Swain’s holdings from this vesting event is 397 shares (771 granted − 374 withheld).

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing within two business days).
• Award: 771 shares granted/vested at $0.00 (PSUs certified at 100% of target for 2025).
• Withholding: 374 shares withheld/delivered at $64.95 each, value $24,291, to satisfy tax withholding. (Transaction code F = tax withholding)
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 — PSUs granted Feb 3, 2025 vested at 100% for the 2025 period; remaining PSUs in the three‑year cycle may vest later subject to continued employment and revenue growth goals. F2 — the 374 shares were surrendered to the issuer for tax withholding.

Context
This was a compensation-related vesting event (receipt of PSUs) with routine tax-withholding rather than an open-market sale. Such withholdings are standard and do not necessarily signal a manager’s view of the stock. The award reflects performance certification for the 2025 period; additional PSUs from the same grant may vest in future years if conditions are met.