UPWORK INC

Ticker: UPWK CUSIP: 91688F104 Class: Common Stock

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0001081019)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 119,165 Value ($000) $2,362 Avg Close $18.34 Range $15.61 - $22.32

Q3 2025

Shares 115,865 Value ($000) $2,152 Avg Close $14.89 Range $11.46 - $20.54

Q2 2025

Shares 115,859 Value ($000) $1,557 Avg Close $14.36 Range $11.13 - $17.75

Q1 2025

Shares 114,336 Value ($000) $1,492 Avg Close $15.23 Range $12.32 - $18.08

Q4 2024

Shares 117,217 Value ($000) $1,916 Avg Close $14.40 Range $9.93 - $18.14

Q3 2024

Shares 119,526 Value ($000) $1,249 Avg Close $10.43 Range $8.43 - $12.30

Q2 2024

Shares 126,895 Value ($000) $1,364 Avg Close $11.35 Range $10.10 - $13.30

Q1 2024

Shares 122,751 Value ($000) $1,505 Avg Close $13.60 Range $11.63 - $16.36

Q4 2023

Shares 128,709 Value ($000) $1,914 Avg Close $12.90 Range $9.56 - $15.95

Q3 2023

Shares 133,460 Value ($000) $1,516 Avg Close $12.41 Range $8.49 - $15.88

Q2 2023

Shares 146,098 Value ($000) $1,365 Avg Close $9.06 Range $6.56 - $11.26

Q1 2023

Shares 149,006 Value ($000) $1,687 Avg Close $11.90 Range $9.92 - $14.76

Q4 2022

Shares 150,714 Value ($000) $1,573 Avg Close $12.34 Range $9.79 - $15.28

Q3 2022

Shares 147,755 Value ($000) $2,012 Avg Close $18.80 Range $13.29 - $25.05

Q2 2022

Shares 158,198 Value ($000) $3,272 Avg Close $19.66 Range $14.85 - $25.07

Q1 2022

Shares 157,254 Value ($000) $3,655 Avg Close $25.02 Range $17.85 - $34.83

Q4 2021

Shares 169,809 Value ($000) $5,801 Avg Close $44.20 Range $31.31 - $61.90

Q3 2021

Shares 165,154 Value ($000) $7,437 Avg Close $48.74 Range $39.45 - $64.49

Q2 2021

Shares 160,718 Value ($000) $9,368 Avg Close $47.00 Range $35.25 - $61.21

Q1 2021

Shares 140,153 Value ($000) $6,275 Avg Close $46.16 Range $33.11 - $63.88

Q4 2020

Shares 140,290 Value ($000) $4,843 Avg Close $28.59 Range $17.61 - $41.42

Q3 2020

Shares 140,290 Value ($000) $2,447 Avg Close $14.97 Range $12.96 - $17.80

Q2 2020

Shares 139,869 Value ($000) $2,020 Avg Close $10.50 Range $5.31 - $14.69

Q1 2020

Shares 86,711 Value ($000) $559 Avg Close $8.58 Range $5.14 - $10.66

Q4 2019

Shares 88,488 Value ($000) $944 Avg Close $12.60 Range $9.35 - $15.53

Q3 2019

Shares 88,488 Value ($000) $1,177 Avg Close $15.25 Range $12.87 - $17.75

Q2 2019

Shares 84,556 Value ($000) $1,360 Avg Close $17.23 Range $14.08 - $20.90

Q1 2019

Shares 19,710 Value ($000) $377 Avg Close $20.49 Range $17.51 - $25.00

Q4 2018

Shares 22,799 Value ($000) $413 Avg Close $18.59 Range $15.68 - $23.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	119,165	$2,362	$18.34	$15.61 - $22.32
Q3 2025	115,865	$2,152	$14.89	$11.46 - $20.54
Q2 2025	115,859	$1,557	$14.36	$11.13 - $17.75
Q1 2025	114,336	$1,492	$15.23	$12.32 - $18.08
Q4 2024	117,217	$1,916	$14.40	$9.93 - $18.14
Q3 2024	119,526	$1,249	$10.43	$8.43 - $12.30
Q2 2024	126,895	$1,364	$11.35	$10.10 - $13.30
Q1 2024	122,751	$1,505	$13.60	$11.63 - $16.36
Q4 2023	128,709	$1,914	$12.90	$9.56 - $15.95
Q3 2023	133,460	$1,516	$12.41	$8.49 - $15.88
Q2 2023	146,098	$1,365	$9.06	$6.56 - $11.26
Q1 2023	149,006	$1,687	$11.90	$9.92 - $14.76
Q4 2022	150,714	$1,573	$12.34	$9.79 - $15.28
Q3 2022	147,755	$2,012	$18.80	$13.29 - $25.05
Q2 2022	158,198	$3,272	$19.66	$14.85 - $25.07
Q1 2022	157,254	$3,655	$25.02	$17.85 - $34.83
Q4 2021	169,809	$5,801	$44.20	$31.31 - $61.90
Q3 2021	165,154	$7,437	$48.74	$39.45 - $64.49
Q2 2021	160,718	$9,368	$47.00	$35.25 - $61.21
Q1 2021	140,153	$6,275	$46.16	$33.11 - $63.88
Q4 2020	140,290	$4,843	$28.59	$17.61 - $41.42
Q3 2020	140,290	$2,447	$14.97	$12.96 - $17.80
Q2 2020	139,869	$2,020	$10.50	$5.31 - $14.69
Q1 2020	86,711	$559	$8.58	$5.14 - $10.66
Q4 2019	88,488	$944	$12.60	$9.35 - $15.53
Q3 2019	88,488	$1,177	$15.25	$12.87 - $17.75
Q2 2019	84,556	$1,360	$17.23	$14.08 - $20.90
Q1 2019	19,710	$377	$20.49	$17.51 - $25.00
Q4 2018	22,799	$413	$18.59	$15.68 - $23.49