Workday Inc SEC Filings

Workday, Inc. (WDAY) Chief Financial Officer Zane Rowe reported multiple transactions in early October 2025, including withholding of 3,950 shares on 10/05/2025 to satisfy taxes related to restricted stock unit (RSU) vesting and several open-market sales under a Rule 10b5-1 plan executed on 10/07/2025. The sales on 10/07/2025 total 6,000 shares sold across multiple price ranges from $230.28 to $238.85, reported as weighted-average prices for grouped trades. Following these transactions, the reporting person beneficially owned 168,468 shares, which include 106,037 outstanding RSUs that convert to one share each upon settlement. The Form 4 notes the 10b5-1 plan adoption date of 03/07/2025 and states that all RSU grants are subject to continued service on vesting dates.

Mark S. Garfield, Chief Accounting Officer at Workday, Inc. (WDAY), reported a transaction on 10/05/2025 that reduced his direct holdings. The filing shows 3,767 shares of Class A common stock were disposed of at a reported price of $236.48; the filing states these shares were withheld by the issuer to satisfy tax withholding related to the vesting of restricted stock units (RSUs). After the transaction, the reporting person is recorded as beneficially owning 39,266 shares, which the filer explains include 33,965 RSUs pending settlement and 56 shares purchased through the employee stock purchase program on 05/30/2025. The report was signed by an attorney-in-fact on 10/07/2025.

Carl M. Eschenbach, CEO and director of Workday, Inc. (WDAY), reported a sale of $236.48-priced shares tied to equity vesting and tax withholding. On 10/05/2025 the reporting form shows 4,571 shares disposed of at $236.48 per share; the Form 4 was signed on 10/07/2025. Following the transaction the reporting person beneficially owns 650,865 shares of Class A common stock, which include 249,936 RSUs and 188,934 PRSUs that convert to one share each on settlement and are subject to continued service-based vesting. An additional 20,222 shares are held indirectly in a family trust for which the reporting person and spouse are trustees and beneficiaries. The filing states the 4,571 shares were withheld by the issuer to satisfy tax withholding upon RSU/PRSU vesting.

Aneel Bhusri, Executive Chair and director of Workday, Inc. (WDAY), reported changes in beneficial ownership tied to vested restricted stock units and existing convertible Class B shares. The filing shows 8,486 shares were surrendered to satisfy a tax withholding obligation related to RSU vesting at a price of $236.48. The report also discloses remaining holdings that include 165,121 RSUs that convert one-for-one into Class A shares upon settlement and a large block of Class B shares that are convertible into Class A on specified triggers. After the transactions, the filing records substantial beneficial ownership measured in both Class A and Class B common stock, with certain shares held indirectly for a minor child.

Gerrit S. Kazmaier, President, Products and Technology at Workday, Inc. (WDAY), reported a transaction dated 10/05/2025 in which 3,068 shares of Class A common stock were disposed of at $236.48 per share. The form clarifies these shares were withheld by the issuer to satisfy tax withholding on vested restricted stock units (RSUs).

After the withholding, the reporting person beneficially owns 117,900 shares, which the filing states include 111,353 RSUs that will convert to one share each upon settlement and are subject to continued service vesting conditions. The form was signed by an attorney‑in‑fact on 10/07/2025.

Workday, Inc. insider filing reports a proposed sale under Rule 144 for 2,320 shares of common stock, labeled as restricted stock units acquired on 10/05/2025. The filing names the broker Morgan Stanley Smith Barney LLC and lists an aggregate market value of $552,995.20 for the shares, with an approximate sale date of 10/07/2025 on NASDAQ. The filer also disclosed two prior 10b5-1 program sales totaling 2,320 shares on 09/11/2025 and 09/17/2025, generating gross proceeds of $262,890.80 and $273,075.60 respectively. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

The Vanguard Group reported beneficial ownership of 21,799,056 shares of Workday Inc common stock, representing 10.04% of the outstanding class as of the filing. Vanguard holds 19,712,367 shares of sole dispositive power and shares voting power over 1,305,394 shares, signalling a large institutional stake managed across client accounts. The filing states these shares are held in the ordinary course of business and not for the purpose of changing or influencing control.

This Schedule 13G/A identifies Vanguard as an investment adviser organized in Pennsylvania and discloses that no single client holds more than 5% of the class. The signature certifies the accuracy of the report and that holdings reflect client-directed interests and managed accounts.

Carl M. Eschenbach, Workday, Inc. (WDAY) director and CEO, reported multiple disposals of Class A common stock on 10/01/2025 that were executed by the Eschenbach Family Trust under a previously adopted Rule 10b5-1 trading plan. The Form 4 shows specific block sales at weighted average prices ranging from $232.01 to $241.68, and an aggregate line item reporting 655,436 shares disposed.

The filing states the Reporting Person transferred shares into the Trust on several dates in 2025 and that the Trust — of which the reporting person and his spouse are trustees and beneficiaries — sold shares per the plan. The Form 4 also discloses remaining indirect and direct beneficial holdings, and that outstanding equity awards (RSUs and PRSUs) total 448,087 underlying shares noted in the footnotes.

David A. Duffield, a director of Workday, Inc. (WDAY), reported multiple transactions on 10/01/2025 in which he and related trusts/foundation sold Class A common stock and converted Class B shares. The Form 4 shows a 10/01/2025 purchase of 72,696 shares of Class A at $0 (conversion of Class B to Class A) and a series of sales totaling ~64,095 Class A shares executed under a Rule 10b5-1 plan at weighted average prices ranging from about $231.33 up to $242.44 across multiple tranches. Following these transactions the reporting person beneficially owned 41,621,988 Class A shares (direct) and retains 15,000 shares indirectly via the Dave and Cheryl Duffield Foundation.

The sales were executed by the David A. Duffield Trust, the Cheryl D. Duffield Trust, and the Dave & Cheryl Duffield Foundation under a trading plan adopted 12/03/2024. The Form 4 is signed by an attorney-in-fact on 10/03/2025.