NELSON ELIZABETH A

Director Elizabeth A Nelson sold 60,000 UPWK shares at $17.43; stock near 52-week high, down from 416.7K to 356.7K shares post-transaction.

Elizabeth A Nelson, a Director, sold 60,000 shares at $17.43 on 2025-05-12, reducing her UPWORK holdings by 14.4% from 416,712 to 356,712 shares. The sale occurred at a price within 0.6% of the 52-week high of $17.50, and the stock has rallied 36.6% over the past 30 days and 5.0% over 90 days. Within this same ticker, Nelson's prior three trades show mixed timing outcomes: two February 2025 sells have exhibited 30-day declines of -22.8% and -24.6%, while a December 2024 sell showed a -2.8% 30-day return and -24.0% 90-day return. At the 90-day mark, her track record at UPWK shows 1 of 1 prior sells were well-timed. The company trades at a P/E of 9.77 with revenue of $192.7M and net income of $37.7M, supporting a $2.3B market cap and suggesting modest fundamentals relative to valuation.

Director NELSON ELIZABETH A sells 75,000 UPWK shares at avg $17.58, reducing stake 82.1% to 16,299 shares

Director NELSON ELIZABETH A executed 2 separate sales totaling 75,000 shares (75.0K shares) for $1,318,519.10 on 2025-02-19, reducing her holdings from 91,299 shares to 16,299 shares—an 82.1% reduction in position. The sales occurred at an average price of $17.58, which is 12.4% above the current price of $15.63 and near the 52-week high of $17.49. Her prior open-market sell activity at UPWK (on 2024-12-18) showed a 30-day return of -2.8%, demonstrating a pattern of selling before price weakness, though the 90-day outcome for that trade remains unmeasurable. The company's fundamentals remain sound—Revenue of $193,776,000.00, Net income of $27,758,000.00, and an 8.31 P/E ratio—providing no obvious external distress signal to explain the near-complete stake reduction.

Director Elizabeth A. Nelson sold 75,000 UPWK shares at $17.37; reduced stake to 48.9K shares (-60.5%)

Elizabeth A. Nelson, a director of Upwork, executed a substantial open-market sale of 75,000 shares at $17.37 on December 18, 2024, reducing her holdings from 123.9K to 48.9K shares—a 60.5% reduction of her pre-transaction position. The sale occurred near the 52-week high (stock now at $16.44, down 6.0% from $17.49), and the company is trading at a P/E of 25.69 with strong 90-day performance (+53.5%) and solid fundamentals including $193.8M quarterly revenue and $27.8M net income. The magnitude of the reduction and proximity to the 52-week high warrant investor attention, though the transaction's precise motivations—whether portfolio rebalancing, diversification, or other considerations—cannot be determined from the filing alone.