BROWN HAYDEN (SVP, Product & Design) sold 2.2% of their position (24.85K shares) of UPWORK, INC on the open market

Open‑market sale worth $415.0K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

BROWN HAYDEN

Filed: 11/20/2025ACC: 0001753662-25-000009

InsiderBROWN HAYDENCIK 1753662

→

IssuerUPWORK, INCCIK 1627475

Officer· SVP, Product & Design

Since Oct 2018

-24.85K

Net shares

Net seller

$415.0K

Total sold

Open market trades

0B · 2S

Total transactions

50.38K acquired · 75.23K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+9.59K

Price / share

—

Trade value

—

% of position

0.9%

11/18/2025

1.08M→1.09M

Common Stock

Direct

M · Option Exercise

+7.61K

Price / share

—

Trade value

—

% of position

0.7%

11/18/2025

1.09M→1.10M

Common Stock

Direct

M · Option Exercise

+14.85K

Price / share

—

Trade value

—

% of position

1.4%

11/18/2025

1.10M→1.11M

Common Stock

Direct

M · Option Exercise

+18.33K

Price / share

—

Trade value

—

% of position

1.6%

11/18/2025

1.11M→1.13M

Common Stock

Direct

S · Sale

−12.11K

Price / share

$16.14

Trade value

$195.50K

% of position

1.1%

11/18/2025

1.13M→1.12M

Common Stock

Direct

S · Sale

−12.73K

Price / share

$17.24

Trade value

$219.51K

% of position

1.1%

11/18/2025

1.12M→1.11M

Total

Net shares

+25.54K

Net value

-$415.01K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/18/2025	M · Option Exercise	+9.59K	—	—	0.9%	1.08M	1.09M
Common Stock Direct	11/18/2025	M · Option Exercise	+7.61K	—	—	0.7%	1.09M	1.10M
Common Stock Direct	11/18/2025	M · Option Exercise	+14.85K	—	—	1.4%	1.10M	1.11M
Common Stock Direct	11/18/2025	M · Option Exercise	+18.33K	—	—	1.6%	1.11M	1.13M
Common Stock Direct	11/18/2025	S · Sale	−12.11K	$16.14	$195.50K	1.1%	1.13M	1.12M
Common Stock Direct	11/18/2025	S · Sale	−12.73K	$17.24	$219.51K	1.1%	1.12M	1.11M
Total			+25.54K		-$415.01K

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

9.59K shares

−9.59K

Strike price

Held after

9.59K

Exercisable

—

11/18/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

7.61K shares

−7.61K

Strike price

Held after

7.61K

Exercisable

—

11/18/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

14.85K shares

−14.85K

Strike price

Held after

74.25K

Exercisable

—

11/18/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

18.33K shares

−18.33K

Strike price

Held after

91.67K

Exercisable

—

11/18/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock9.59K shares	11/18/2025	M · Option Exercise	−9.59K	—	9.59K
Restricted Stock Units Direct	Common Stock7.61K shares	11/18/2025	M · Option Exercise	−7.61K	—	7.61K
Restricted Stock Units Direct	Common Stock14.85K shares	11/18/2025	M · Option Exercise	−14.85K	—	74.25K
Restricted Stock Units Direct	Common Stock18.33K shares	11/18/2025	M · Option Exercise	−18.33K	—	91.67K