Upwork Inc
Ownership
Ownership Structure
Who owns Upwork Inc (UPWK)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 89.0% of the shares are freely tradable; institutional investors hold 98.9%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 15.42 | 19,259,723 | +2.1 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 6.32 | 7,898,745 | +1.6 | 06/30/2026 |
| Ancient Art, L.P. | 5.79 | 7,228,530 | +21.3 | 06/30/2026 |
| LSV Asset Management | 5.11 | 6,381,628 | -6.0 | 06/30/2026 |
| Vanguard Capital Management, LLC | 4.25 | 5,313,767 | -5.3 | 06/30/2026 |
| State Street Corp | 4.16 | 5,195,259 | +1.4 | 06/30/2026 |
| Capital Research & Mgmt Co - Division 3 | 3.89 | 4,857,612 | +2.8 | 06/30/2026 |
| Dimensional Fund Advisors, Inc. | 3.80 | 4,743,484 | +27.7 | 06/30/2026 |
| The Goldman Sachs Group Inc | 3.42 | 4,270,252 | +67.4 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 5.95 | 7,432,382 | +0.0 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Brown Hayden | President & CEO | 793,593 | 7,301,056 $ | Sep 18, 2026 | direct |
| Gessert Erica | Chief Financial Officer | 373,586 | 3,436,991 $ | Sep 18, 2026 | direct |
| Kappus Anthony Ray | GM & Chief Operating Officer | 77,196 | 710,203 $ | Oct 19, 2026 | direct |
| Mekhalfa Sabrina | Chief Accounting Officer | 6,675 | 61,410 $ | Sep 18, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 19, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Sell | 559 | 8.43 | 4,712 |
| Oct 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Other | 1,413 | – | – |
| Sep 18, 2026 | Gessert Erica | Chief Financial Officer | Sell | 9,336 | 8.45 | 78,897 |
| Sep 18, 2026 | Gessert Erica | Chief Financial Officer | Other | 9,700 | – | – |
| Sep 18, 2026 | Gessert Erica | Chief Financial Officer | Other | 8,433 | – | – |
| Sep 18, 2026 | Mekhalfa Sabrina | Chief Accounting Officer | Sell | 1,299 | 8.45 | 10,978 |
| Sep 18, 2026 | Mekhalfa Sabrina | Chief Accounting Officer | Other | 3,578 | – | – |
| Sep 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Sell | 45,732 | 8.45 | 386,472 |
| Sep 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Other | 114,860 | – | – |
| Sep 18, 2026 | Brown Hayden | President & CEO | Sell | 23,893 | 8.45 | 201,917 |
| Sep 18, 2026 | Brown Hayden | President & CEO | Other | 28,677 | – | – |
| Sep 18, 2026 | Brown Hayden | President & CEO | Other | 17,733 | – | – |
| Aug 18, 2026 | Gessert Erica | Chief Financial Officer | Sell | 22,844 | 8.43 | 192,477 |
| Aug 18, 2026 | Gessert Erica | Chief Financial Officer | Other | 8,524 | – | – |
| Aug 18, 2026 | Gessert Erica | Chief Financial Officer | Other | 37,500 | – | – |
| Aug 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Sell | 1,964 | 8.43 | 16,548 |
| Aug 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Other | 5,115 | – | – |
| Aug 18, 2026 | Brown Hayden | President & CEO | Sell | 50,000 | 8.43 | 421,355 |
| Aug 18, 2026 | Brown Hayden | President & CEO | Sell | 23,241 | 8.43 | 195,822 |
| Aug 18, 2026 | Brown Hayden | President & CEO | Other | 13,639 | – | – |
| Aug 18, 2026 | Brown Hayden | President & CEO | Other | 18,333 | – | – |
| Aug 18, 2026 | Brown Hayden | President & CEO | Other | 14,850 | – | – |
| Jul 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Sell | 558 | 9.06 | 5,053 |
| Jul 18, 2026 | Kappus Anthony Ray | GM & Chief Operating Officer | Other | 1,412 | – | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: October 30, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.