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[SCHEDULE 13G] Workiva Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary

Eminence Capital, LP and Ricky C. Sandler report beneficial ownership of 2,646,768 shares of Workiva Inc. Class A common stock, representing 5.1% of the outstanding Class A shares based on 51,888,191 shares outstanding as of April 25, 2025. The filing states that Eminence Capital is an investment adviser organized in Delaware and that Mr. Sandler, a U.S. citizen and CEO of Eminence Capital, may be deemed to share voting and dispositive power over the shares held by Eminence-managed funds and separately managed accounts. The filing asserts the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Eminence Capital, LP e Ricky C. Sandler dichiarano la titolarità effettiva di 2.646.768 azioni ordinarie di classe A di Workiva Inc., corrispondenti al 5,1% delle azioni di classe A in circolazione, basandosi su un totale di 51.888.191 azioni in circolazione al 25 aprile 2025. Nel deposito si precisa che Eminence Capital è una società di consulenza agli investimenti costituita nel Delaware e che il Sig. Sandler, cittadino statunitense e amministratore delegato di Eminence Capital, può essere ritenuto condividere il potere di voto e di disposizione sulle azioni detenute dai fondi gestiti da Eminence e dai conti gestiti separatamente. Il documento afferma inoltre che i titoli sono detenuti nell'ordinaria attività di investimento e non al fine di modificare o influenzare il controllo dell'emittente.

Eminence Capital, LP y Ricky C. Sandler informan la propiedad beneficiaria de 2.646.768 acciones ordinarias Clase A de Workiva Inc., lo que representa el 5,1% de las acciones Clase A en circulación, con base en 51.888.191 acciones en circulación a fecha 25 de abril de 2025. La presentación indica que Eminence Capital es un asesor de inversiones organizado en Delaware y que el Sr. Sandler, ciudadano estadounidense y CEO de Eminence Capital, puede considerarse que comparte el poder de voto y de disposición sobre las acciones mantenidas por los fondos gestionados por Eminence y las cuentas gestionadas por separado. El documento afirma que los valores se mantienen en el curso ordinario del negocio y no con el propósito de cambiar o influir en el control del emisor.

Eminence Capital, LP와 Ricky C. Sandler� Workiva Inc.� 클래� A 보통� 2,646,768주를 실질적으� 보유하고 있음� 보고했으�, 이는 2025� 4� 25� 기준 유통 중인 클래� A 주식 51,888,191주를 기준으로 전체� 5.1%� 해당합니�. 제출 문서에는 Eminence Capital� 델라웨어� 설립� 투자자문사이�, 미국 시민권자이자 Eminence Capital� CEO� Sandler 씨가 Eminence가 운용하는 펀� � 별도 운용 계좌가 보유� 주식� 대� 의결� � 처분권을 함께 행사하는 것으� 여겨� � 있다� 기재되어 있습니다. 또한 � 문서� 해당 증권� 발행인의 지배권 변경이� 영향력을 행사� 목적으로가 아니� 통상적인 사업 활동� 일환으로 보유되고 있음� 주장하고 있습니다.

Eminence Capital, LP et Ricky C. Sandler déclarent détenir en usufruit 2 646 768 actions ordinaires de catégorie A de Workiva Inc., représentant 5,1 % des actions de catégorie A en circulation, sur la base de 51 888 191 actions en circulation au 25 avril 2025. Le dépôt indique qu'Eminence Capital est un conseiller en investissement constitué dans le Delaware et que M. Sandler, citoyen américain et PDG d'Eminence Capital, peut être considéré comme partageant le pouvoir de vote et le pouvoir de disposition sur les actions détenues par les fonds gérés par Eminence et les comptes gérés séparément. Le document affirme en outre que les titres sont détenus dans le cours normal des activités et non dans le but de modifier ou d'influencer le contrôle de l'émetteur.

Eminence Capital, LP und Ricky C. Sandler melden die wirtschaftliche Eigentümerschaft an 2.646.768 Aktien der Klasse A von Workiva Inc., was 5,1 % der ausstehenden Klasse-A-Aktien entspricht, basierend auf 51.888.191 ausstehenden Aktien zum 25. April 2025. Die Einreichung gibt an, dass Eminence Capital ein im Bundesstaat Delaware gegründeter Anlageberater ist und dass Herr Sandler, US-Staatsbürger und CEO von Eminence Capital, als gemeinsam verfügungs- und stimmberechtigt über die von Eminence verwalteten Fonds und separat verwalteten Konten gehaltenen Aktien angesehen werden kann. Weiterhin wird in der Einreichung erklärt, dass die Wertpapiere im gewöhnlichen Geschäftsbetrieb gehalten werden und nicht zum Zweck einer Änderung oder Beeinflussung der Kontrolle des Emittenten dienen.

Positive
  • Disclosure of a material stake: Reporting of 2,646,768 shares (5.1%) meets SEC transparency requirements
  • Clear governance of ownership: Filing specifies shared voting and dispositive power, clarifying who may influence fund-held shares
  • Ordinary-course certification: Reporting Persons certify the shares were acquired and are held in the ordinary course of business and not to change control
Negative
  • None.

Insights

TL;DR: Eminence holds a disclosed 5.1% stake in Workiva, a position large enough to attract investor attention but not necessarily control.

The reported 2,646,768-share stake equal to 5.1% of Class A shares is material by SEC filing thresholds and may prompt investor scrutiny of Eminence's intentions. The filing clarifies shared voting and dispositive power, indicating influence over fund-held shares rather than sole control. The certification that the stake is held in the ordinary course of business and not to change control reduces immediate governance concerns, but the position size warrants monitoring for further filings or engagement activity.

TL;DR: A >5% disclosure signals potential for engagement; the filing denies intent to influence control but shows shared voting authority.

The Schedule 13G properly discloses that Eminence Capital and Ricky Sandler share voting and dispositive power over the specified shares held by Eminence funds and SMAs. The joint filing and certification language align with a passive/ordinary-course declaration under Rule 13G, reducing immediate regulatory or takeover implications. Nonetheless, a 5.1% holding is sufficient to merit attention from the board and other shareholders regarding potential proposals or dialogues.

Eminence Capital, LP e Ricky C. Sandler dichiarano la titolarità effettiva di 2.646.768 azioni ordinarie di classe A di Workiva Inc., corrispondenti al 5,1% delle azioni di classe A in circolazione, basandosi su un totale di 51.888.191 azioni in circolazione al 25 aprile 2025. Nel deposito si precisa che Eminence Capital è una società di consulenza agli investimenti costituita nel Delaware e che il Sig. Sandler, cittadino statunitense e amministratore delegato di Eminence Capital, può essere ritenuto condividere il potere di voto e di disposizione sulle azioni detenute dai fondi gestiti da Eminence e dai conti gestiti separatamente. Il documento afferma inoltre che i titoli sono detenuti nell'ordinaria attività di investimento e non al fine di modificare o influenzare il controllo dell'emittente.

Eminence Capital, LP y Ricky C. Sandler informan la propiedad beneficiaria de 2.646.768 acciones ordinarias Clase A de Workiva Inc., lo que representa el 5,1% de las acciones Clase A en circulación, con base en 51.888.191 acciones en circulación a fecha 25 de abril de 2025. La presentación indica que Eminence Capital es un asesor de inversiones organizado en Delaware y que el Sr. Sandler, ciudadano estadounidense y CEO de Eminence Capital, puede considerarse que comparte el poder de voto y de disposición sobre las acciones mantenidas por los fondos gestionados por Eminence y las cuentas gestionadas por separado. El documento afirma que los valores se mantienen en el curso ordinario del negocio y no con el propósito de cambiar o influir en el control del emisor.

Eminence Capital, LP와 Ricky C. Sandler� Workiva Inc.� 클래� A 보통� 2,646,768주를 실질적으� 보유하고 있음� 보고했으�, 이는 2025� 4� 25� 기준 유통 중인 클래� A 주식 51,888,191주를 기준으로 전체� 5.1%� 해당합니�. 제출 문서에는 Eminence Capital� 델라웨어� 설립� 투자자문사이�, 미국 시민권자이자 Eminence Capital� CEO� Sandler 씨가 Eminence가 운용하는 펀� � 별도 운용 계좌가 보유� 주식� 대� 의결� � 처분권을 함께 행사하는 것으� 여겨� � 있다� 기재되어 있습니다. 또한 � 문서� 해당 증권� 발행인의 지배권 변경이� 영향력을 행사� 목적으로가 아니� 통상적인 사업 활동� 일환으로 보유되고 있음� 주장하고 있습니다.

Eminence Capital, LP et Ricky C. Sandler déclarent détenir en usufruit 2 646 768 actions ordinaires de catégorie A de Workiva Inc., représentant 5,1 % des actions de catégorie A en circulation, sur la base de 51 888 191 actions en circulation au 25 avril 2025. Le dépôt indique qu'Eminence Capital est un conseiller en investissement constitué dans le Delaware et que M. Sandler, citoyen américain et PDG d'Eminence Capital, peut être considéré comme partageant le pouvoir de vote et le pouvoir de disposition sur les actions détenues par les fonds gérés par Eminence et les comptes gérés séparément. Le document affirme en outre que les titres sont détenus dans le cours normal des activités et non dans le but de modifier ou d'influencer le contrôle de l'émetteur.

Eminence Capital, LP und Ricky C. Sandler melden die wirtschaftliche Eigentümerschaft an 2.646.768 Aktien der Klasse A von Workiva Inc., was 5,1 % der ausstehenden Klasse-A-Aktien entspricht, basierend auf 51.888.191 ausstehenden Aktien zum 25. April 2025. Die Einreichung gibt an, dass Eminence Capital ein im Bundesstaat Delaware gegründeter Anlageberater ist und dass Herr Sandler, US-Staatsbürger und CEO von Eminence Capital, als gemeinsam verfügungs- und stimmberechtigt über die von Eminence verwalteten Fonds und separat verwalteten Konten gehaltenen Aktien angesehen werden kann. Weiterhin wird in der Einreichung erklärt, dass die Wertpapiere im gewöhnlichen Geschäftsbetrieb gehalten werden und nicht zum Zweck einer Änderung oder Beeinflussung der Kontrolle des Emittenten dienen.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Eminence Capital, LP
Signature:/s/ Ricky C. Sandler
Name/Title:Ricky C. Sandler, Chief Executive Officer
Date:08/14/2025
Ricky C. Sandler
Signature:/s/ Ricky C. Sandler
Name/Title:Ricky C. Sandler, Individually
Date:08/14/2025
Exhibit Information

Exhibit 99.1: Joint Filing Agreement

FAQ

How many Workiva (WK) shares does Eminence Capital report owning?

The filing reports 2,646,768 shares of Workiva Class A common stock beneficially owned by Eminence Capital and Ricky C. Sandler.

What percentage of Workiva's Class A stock does the reported stake represent?

The reported stake represents 5.1% of the Class A common stock based on 51,888,191 shares outstanding as of April 25, 2025.

Does Eminence Capital claim sole voting or dispositive power over the shares?

No. The filing discloses 0 sole voting power and 2,606,486 shared voting power; 0 sole dispositive power and 2,646,768 shared dispositive power.

Did the filing state the shares were acquired to influence control of Workiva?

The filing contains a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Who are the Reporting Persons named in the Schedule 13G for Workiva?

The Reporting Persons are Eminence Capital, LP (a Delaware limited partnership) and Ricky C. Sandler (U.S. citizen and CEO of Eminence Capital).
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