Skip to content
sellModerate cluster of 4

Hayden Brown sold $415k of UPWK

President & CEO at UPWORK, INC. 24,846 shares at an average of $16.70, traded Nov 18, 2025, filed Nov 20, 2025.

Warning score
41
Value
$415k
24,846 shares
Holdings after
1,107,894
-2% from before
From 52-week low
+45%
low $11.75, close $17.08
From 52-week high
-15%
high $20.07, as of Nov 18, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $415k at market
    +16
  • Share of holdings sold
    Sold 2.2% of holdings
    0
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +20.0%, 3m -22.4%, 6m -50.8%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

UPWKOct 9, 2026 · close 8.60
Since filing Nov 20, 2025: -49.9%SPY +20.5% · excess -70.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001753662-25-000009, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 18, 2025MOption exercise
Common Stock
+9,589--1,091,947Nov 20, 2025
Nov 18, 2025MOption exercise
Common Stock
+7,610--1,099,557Nov 20, 2025
Nov 18, 2025MOption exercise
Common Stock
+14,850--1,114,407Nov 20, 2025
Nov 18, 2025MOption exercise
Common Stock
+18,333--1,132,740Nov 20, 2025
Nov 18, 2025SOpen-market sale
Common Stock
-12,114$16.14$196k1,120,626Nov 20, 2025
Nov 18, 2025SOpen-market sale
Common Stock
-12,732$17.24$220k1,107,894Nov 20, 2025
Nov 18, 2025MOption exercise
Restricted Stock Unitsderivative
-9,589$0.00$09,589Nov 20, 2025
Nov 18, 2025MOption exercise
Restricted Stock Unitsderivative
-7,610$0.00$07,611Nov 20, 2025
Nov 18, 2025MOption exercise
Restricted Stock Unitsderivative
-14,850$0.00$074,250Nov 20, 2025
Nov 18, 2025MOption exercise
Restricted Stock Unitsderivative
-18,333$0.00$091,667Nov 20, 2025

Related signals

Other insiders at UPWORK, INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
37Weak
UPWKsell 4
UPWORK, INC
Hayden Brown
President & CEO
$202k
23,893 shares
-3%
31Weak
UPWKsell 4
UPWORK, INC
Erica Gessert
Chief Financial Officer
$79k
9,336 shares
-2%
46Moderate
UPWKsell 4
UPWORK, INC
Anthony Ray Kappus
GM & Chief Operating Officer
$386k
45,732 shares
-37%
20Weak
UPWKsell 4
UPWORK, INC
Sabrina Mekhalfa
Chief Accounting Officer
$11k
1,299 shares
-16%
25Weak
UPWKsell 310b5-1
UPWORK, INC
Hayden Brown
President & CEO
$617k
73,241 shares
-9%
34Weak
UPWKsell 3
UPWORK, INC
Erica Gessert
Chief Financial Officer
$192k
22,844 shares
-6%
25Weak
UPWKsell 3
UPWORK, INC
Anthony Ray Kappus
GM & Chief Operating Officer
$17k
1,964 shares
-21%
10Weak
UPWKsell
UPWORK, INC
Anthony Ray Kappus
GM & Chief Operating Officer
$5,053
558 shares
-12%
37Weak
UPWKsell 3
UPWORK, INC
Hayden Brown
President & CEO
$191k
23,468 shares
-3%
30Weak
UPWKsell 3
UPWORK, INC
Erica Gessert
Chief Financial Officer
$75k
9,169 shares
-3%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Hayden Brown sold $415k of UPWK | InsiderTell