---
schema_version: "secwatch.filing_event.v1"
accession: "0001445305-23-000139"
form_type: "8-K"
ticker: "WK"
cik: "0001445305"
company_name: "WORKIVA INC"
filed_at: "2023-08-17T23:59:59+00:00"
generated_at: "2026-06-11T07:38:17.985611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Workiva issues $625M 1.250% convertible notes due 2028; repurchases $274M of 2026 notes

## Summary
- $625M principal of 1.250% Convertible Senior Notes due 2028 priced; option for additional $100M.
- Initial conversion price ~$133.89/share, representing ~30% premium to Aug. 14 close.
- Used $397M of proceeds to repurchase $274M of existing 1.125% 2026 notes.
- Net proceeds expected ~$615M (or ~$714M if option exercised in full).
- Remaining net proceeds for working capital and potential complementary acquisitions.

## SEC filing metadata
- accession: 0001445305-23-000139
- form_type: 8-K
- ticker: WK
- cik: 0001445305
- company_name: WORKIVA INC
- filed_at: 2023-08-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1445305/000144530523000139/0001445305-23-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1445305/000144530523000139/wk-20230814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001445305-23-000139
- JSON: https://secwatch.observer/filing/0001445305-23-000139.json
- Plain text: https://secwatch.observer/filing/0001445305-23-000139.txt

## Key facts
- Debt Financings
  WORKIVA INC incurred convertible notes of $625 million with U.S. Bank Trust Company, National Association at 1.250% maturing August 15, 2028.
  - Instrument: convertible notes
  - Principal: $625 million
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 1.250%
  - Maturity: August 15, 2028
  - Event: incurrence
  source text: Workiva Inc. (the "Company", "we", "us") entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC (the “Initial Purchaser”), to issue and sell $625 million in aggregate principal amount of 1.250% Convertible Senior Notes due 2028 (the “2028 Notes”), with an option granted to the Initial Purchaser to purchase, for settlement within a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1445305/000144530523000139/0001445305-23-000139-index.htm
- Material Agreements
  WORKIVA INC entered into Purchase Agreement with Goldman Sachs & Co. LLC valued at $625 million (effective 2023-08-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Goldman Sachs & Co. LLC
  - Value: $625 million
  - Effective: 2023-08-14
  source text: On August 14, 2023, Workiva Inc. (the "Company", "we", "us") entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC (the “Initial Purchaser”), to issue and sell $625 million in aggregate principal amount of 1.250% Convertible Senior Notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1445305/000144530523000139/0001445305-23-000139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.