Upwork chief accounting officer Sabrina Mekhalfa sells $10,977 in shares

Chief Accounting Officer Sabrina Mekhalfa of Upwork sold 1,299 shares of the company's stock for $10,977 on September 18, 2026. These shares were sold to satisfy tax obligations due to the vesting of restricted stock units. No other reason motivated the transaction. Mekhalfa also bought 3,578 shares on the same day through RSU vesting.

She now owns 6,675 shares and 32,197 RSUs, with the RSUs converting to shares annually. Upwork shares are currently priced at $8.15, down 57% from the past year and close to their 52-week low. Despite the decline, analysts view the stock as undervalued due to strong financial health and a low P/E ratio of 10.7. Upwork recently reported Q2 2026 earnings that surpassed expectations, yet revised its full-year revenue forecast downward due to AI-related challenges and search engine changes. This has led several analysts to lower their price targets for the stock.