This Form 144 signals intent to sell by a 10% holder, but the small size relative to market cap suggests limited price impact. Watch for the actual sale on a future Form 4. If completed, it may reflect routine portfolio rebalancing rather than adverse company-specific news.
Price Chart
Executive Summary
Matthew Rizai, a 10% stockholder, filed Form 144 indicating intent to sell 20,204 shares of Workiva Inc common stock, valued at approximately $987K. Shares were acquired via stock option exercise. The proposed sale represents about 0.04% of market cap, making it a routine diversification move with limited directional signal.
Key Facts
- Matthew M Rizai (10% stockholder) filed Form 144 on June 17, 2026
- Proposed sale: 20,204 shares of common stock
- Approximate value: $986,589.61
- Shares acquired through stock option exercise
- Sale intended to be executed through Morgan Stanley on NYSE
Financial Impact
Approximately $987K in shares proposed for sale (~0.04% of $2.7B market cap)
Risk Factors
- Insider selling could be misinterpreted as a negative signal by the market
- Sale may be deferred or not executed; Form 144 is only an advance notice
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-006286 |
| Document: 0001950047-26-006286-index.html | 0001950047-26-006286 |
| Document: 0001950047-26-006286.txt | 0001950047-26-006286 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | Institutional Cluster | $77.21 | awaiting T+20 | — | $84.43 (+9.36%) |
Aug 5, 2026 11w ago | 144 | $62.05 $78.59 | ▲ +26.66% | ▲ +26.06% | $84.43 (+36.08%) |
Jul 16, 2026 14w ago | 144 | $57.18 $70.51 | ▲ +23.31% | ▲ +18.87% | $84.43 (+47.67%) |
Jun 17, 2026 18w ago | 144 | $47.37 $56.97 | ▲ +20.27% | ▲ +19.73% | $84.43 (+78.25%) |
Jun 11, 2026 19w ago | Institutional Cluster | $49.13 $52.33 | ▲ +6.51% | ▲ +4.62% | $84.43 (+71.86%) |
Jun 3, 2026 20w ago | 3 | $49.05 $51.93 | ▲ +5.87% | ▲ +7.24% | $84.43 (+72.14%) |
Jun 2, 2026 20w ago | 8-K | $49.84 $51.93 | ▲ +4.19% | ▲ +5.19% | $84.43 (+69.41%) |
May 5, 2026 24w ago | 8-K | $51.53 $49.84 | ▼ −3.28% | ▼ −6.06% | $84.43 (+63.86%) |
Apr 17, 2026 27w ago | DEFA14A | $57.34 $45.39 | ▼ −20.84% | ▼ −26.21% | $84.43 (+47.25%) |
US Market Status
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