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UPWORK, INC Director's Dealing 2025

Jun 10, 2025

31644_dirs_2025-06-09_1aae3996-1da2-4c21-8a7d-c65af509b208.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UPWORK, INC (UPWK)
CIK: 0001627475
Period of Report: 2025-06-05

Reporting Person: Srinivasan Leela (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-06-05 Common Stock A 11370.00 $0.00 Acquired 89303.00 Direct
2025-06-05 Common Stock S 6520.00 $15.1625 Disposed 82783.00 Direct
2025-06-06 Common Stock S 3314.00 $15.3559 Disposed 79469.00 Direct

Footnotes

F1: Represents an award of restricted stock units ("RSUs"). The RSUs vest 100% on the earlier of (a) the date immediately prior to the Issuer's 2026 annual meeting of stockholders and (b) June 5, 2026, in each case subject to the continuing service of the Reporting Person through such date.

F2: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on February 18, 2025 and was made to satisfy tax withholding obligations in connection with the vesting of the Reporting Person's prior year annual RSU award.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.99 to $15.30 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.

F4: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on February 18, 2025 and was made for purposes of a charitable gift.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.22 to $15.49 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.