NELSON ELIZABETH A - 12 May 2025 Form 4 Insider Report for UPWORK, INC (UPWK)

Role
Director
Signature
/s/ Jacob McQuown, Attorney-in-Fact
Issuer symbol
UPWK
Transactions as of
12 May 2025
Net transactions value
-$1,045,572
Form type
4
Filing time
14 May 2025, 19:00:59 UTC
Previous filing
21 Feb 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
NELSON ELIZABETH A Director C/O UPWORK INC., 530 LYTTON AVENUE, SUITE 301, PALO ALTO /s/ Jacob McQuown, Attorney-in-Fact 14 May 2025 0001198788

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPWK Common Stock Sale $1,045,572 -60,000 -14% $17.43 356,712 12 May 2025 See Footnote F1, F2
holding UPWK Common Stock 16,299 12 May 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.35 to $17.535 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Shares are held by a trust for the benefit of the Reporting Person and her spouse.