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sellNotable cluster of 4

Hayden Brown sold $6.8M of UPWK

President & CEO at UPWORK, INC. 350,000 shares at an average of $19.51, traded Nov 25, 2025, filed Nov 28, 2025.

Warning score
75
Value
$6.8M
350,000 shares
Holdings after
697,894
-33% from before
From 52-week low
+68%
low $11.75, close $19.69
From 52-week high
-2%
high $20.07, as of Nov 25, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $6.8M at market
    +25
  • Share of holdings sold
    Sold 33% of holdings
    +10
  • Cluster
    4 insiders selling within 14 days
    +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.

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 28, 2025: -56.4%SPY +15.2% · excess -71.6%

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 0001753662-25-000013, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 25, 2025SOpen-market sale
Common Stock
-75,000$19.78$1.5M972,894Nov 28, 2025
Nov 26, 2025SOpen-market sale
Common Stock
-175,000$19.43$3.4M797,894Nov 28, 2025
Nov 26, 2025SOpen-market sale
Common Stock
-100,000$19.44$1.9M697,894Nov 28, 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%
27Weak
UPWKsell 410b5-1
UPWORK, INC
Dave Bottoms
GM, Marketplace
$223k
18,575 shares
-87%
39Weak
UPWKsell 4
UPWORK, INC
Hayden Brown
President & CEO
$292k
23,745 shares
-3%
32Weak
UPWKsell 4
UPWORK, INC
Erica Gessert
Chief Financial Officer
$114k
9,278 shares
-3%
25Weak
UPWKsell 4
UPWORK, INC
Sabrina Mekhalfa
Chief Accounting Officer
$18k
1,482 shares
-41%
32Weak
UPWKsell 310b5-1
UPWORK, INC
Dave Bottoms
GM, Marketplace
$446k
32,662 shares
-99%
35Weak
UPWKsell 310b5-1
UPWORK, INC
Hayden Brown
President & CEO
$1.7M
123,152 shares
-14%

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 $6.8M of UPWK | InsiderTell