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sellWeak cluster of 3

Erica Gessert sold $186k of UPWK

Chief Financial Officer at UPWORK, INC. 9,044 shares at an average of $20.59, traded Dec 18, 2025, filed Dec 22, 2025.

Warning score
34
Value
$186k
9,044 shares
Holdings after
246,701
-4% from before
From 52-week low
+74%
low $11.75, close $20.47
From 52-week high
-7%
high $21.95, as of Dec 18, 2025

Score components

  • Role
    CFO
    +22
  • Trade size
    $186k at market
    +12
  • Share of holdings sold
    Sold 3.5% of holdings
    0
  • Cluster
    3 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.

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 Dec 22, 2025: -59.6%SPY +14.6% · excess -74.2%

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 0001975669-25-000009, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 18, 2025MOption exercise
Common Stock
+8,433--246,045Dec 22, 2025
Dec 18, 2025MOption exercise
Common Stock
+9,700--255,745Dec 22, 2025
Dec 18, 2025SOpen-market sale
Common Stock
-9,044$20.59$186k246,701Dec 22, 2025
Dec 18, 2025MOption exercise
Restricted Stock Unitsderivative
-8,433$0.00$075,896Dec 22, 2025
Dec 18, 2025MOption exercise
Restricted Stock Unitsderivative
-9,700$0.00$0126,096Dec 22, 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%
20Weak
UPWKsell 210b5-1
UPWORK, INC
Dave Bottoms
GM, Marketplace
$223k
18,575 shares
-87%
32Weak
UPWKsell 2
UPWORK, INC
Hayden Brown
President & CEO
$292k
23,745 shares
-3%
25Weak
UPWKsell 210b5-1
UPWORK, INC
Dave Bottoms
GM, Marketplace
$446k
32,662 shares
-99%
28Weak
UPWKsell 210b5-1
UPWORK, INC
Hayden Brown
President & CEO
$1.7M
123,152 shares
-14%
32Weak
UPWKsell 310b5-1
UPWORK, INC
Dave Bottoms
GM, Marketplace
$431k
20,907 shares
-98%
43Moderate
UPWKsell 3
UPWORK, INC
Hayden Brown
President & CEO
$477k
23,147 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.

Erica Gessert sold $186k of UPWK | InsiderTell