BOTTOMS DAVE (GM, Marketplace) sold 98.4% of their position (20.91K shares) of UPWORK, INC on the open market

Open‑market sale worth $431.1K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

BOTTOMS DAVE

Filed: 12/22/2025ACC: 0002019194-25-000009

InsiderBOTTOMS DAVECIK 2019194

→

IssuerUPWORK, INCCIK 1627475

Officer· GM, Marketplace

Since Feb 2026

-20.91K

Net shares

Net seller

$431.1K

Total sold

Open market trades

0B · 2S

Total transactions

20.91K acquired · 41.81K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+8.98K

Price / share

—

Trade value

—

% of position

2602.9%

12/18/2025

345.00→9.32K

Common Stock

Direct

M · Option Exercise

+6.02K

Price / share

—

Trade value

—

% of position

64.6%

12/18/2025

9.32K→15.35K

Common Stock

Direct

M · Option Exercise

+5.90K

Price / share

—

Trade value

—

% of position

38.5%

12/18/2025

15.35K→21.25K

Common Stock

Direct

S · Sale

−11.29K

Price / share

$20.59

Trade value

$232.34K

% of position

53.1%

12/18/2025

21.25K→9.97K

Common Stock

Direct

S · Sale

−9.62K

Price / share

$20.66

Trade value

$198.81K

% of position

96.5%

12/19/2025

9.97K→345.00

Total

Net shares

+0.00

Net value

-$431.14K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/18/2025	M · Option Exercise	+8.98K	—	—	2602.9%	345.00	9.32K
Common Stock Direct	12/18/2025	M · Option Exercise	+6.02K	—	—	64.6%	9.32K	15.35K
Common Stock Direct	12/18/2025	M · Option Exercise	+5.90K	—	—	38.5%	15.35K	21.25K
Common Stock Direct	12/18/2025	S · Sale	−11.29K	$20.59	$232.34K	53.1%	21.25K	9.97K
Common Stock Direct	12/19/2025	S · Sale	−9.62K	$20.66	$198.81K	96.5%	9.97K	345.00
Total			+0.00		-$431.14K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

8.98K shares

−8.98K

Strike price

Held after

26.94K

Exercisable

—

12/18/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

6.02K shares

−6.02K

Strike price

Held after

54.21K

Exercisable

—

12/18/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

5.90K shares

−5.90K

Strike price

Held after

76.75K

Exercisable

—

12/18/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock8.98K shares	12/18/2025	M · Option Exercise	−8.98K	—	26.94K
Restricted Stock Units Direct	Common Stock6.02K shares	12/18/2025	M · Option Exercise	−6.02K	—	54.21K
Restricted Stock Units Direct	Common Stock5.90K shares	12/18/2025	M · Option Exercise	−5.90K	—	76.75K