8-K - Upwork Inc. | StockGist

AI Analysis

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On February 18, 2026, Upwork Inc. announced that its board of directors authorized a share repurchase program for up to $300 million of the Company's outstanding common stock, referred to as the 2026 Share Repurchase Authorization. The program has no expiration date and may be conducted through open market purchases, Rule 10b5-1 trading plans, privately negotiated transactions, accelerated share repurchases, or other methods at the Company's discretion.

Key Takeaways

1Board authorized 2026 Share Repurchase Authorization on February 18, 2026

2Repurchase up to $300 million of outstanding common stock

3No expiration date; continues until suspended, terminated, or modified

4Repurchases via open market, Rule 10b5-1 plans, private transactions, accelerated repurchases, or other methods

5Does not obligate Company to repurchase any specific amount or shares

6Timing and amount depend on market, business conditions, and other considerations

Current Report Details

Event Type

Other Event

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

Other Events. On February 18, 2026, Upwork Inc., or the Company, announced that its board of directors authorized a share repurchase program for the repurchase

Other Event

$300.0M

Capital Return

Buyback Auth.

$300 million

Exhibits (1)

8-K