STOCK TITAN

Workday (WDAY) CAO Mark Garfield sells 1,585 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Workday, Inc.’s Chief Accounting Officer, Mark S. Garfield, sold 1,585 shares of Class A Common Stock in an open-market transaction. The shares were sold at an average price of $113.05 per share on April 10, 2026, under a pre-arranged Rule 10b5-1 trading plan.

After this sale, he directly holds 31,467 shares of Class A Common Stock, which includes 25,474 restricted stock units that each convert into one share upon settlement, subject to his continued service with Workday.

Positive

  • None.

Negative

  • None.
Insider Garfield Mark S.
Role Chief Accounting Officer
Sold 1,585 shs ($179K)
Type Security Shares Price Value
Sale Class A Common Stock 1,585 $113.05 $179K
Holdings After Transaction: Class A Common Stock — 31,467 shares (Direct)
Footnotes (1)
  1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated October 14, 2025. Includes 25,474 restricted stock units (RSUs), each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
Shares sold 1,585 shares Open-market sale of Class A Common Stock on April 10, 2026
Sale price per share $113.05 per share Average price for the 1,585 shares sold
Shares held after transaction 31,467 shares Direct holdings of Class A Common Stock following the sale
Restricted stock units included 25,474 RSUs RSUs that each convert into one share upon settlement
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units (RSUs) financial
"Includes 25,474 restricted stock units (RSUs), each of which entitle the Reporting Person"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Garfield Mark S.

(Last)(First)(Middle)
C/O WORKDAY, INC.
6110 STONERIDGE MALL ROAD

(Street)
PLEASANTON CALIFORNIA 94588

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Workday, Inc. [ WDAY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/10/2026S(1)1,585D$113.0531,467(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated October 14, 2025.
2. Includes 25,474 restricted stock units (RSUs), each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
Remarks:
/s/ Juliana Capata, attorney-in-fact04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Workday (WDAY) report for Mark S. Garfield?

Workday reported that Chief Accounting Officer Mark S. Garfield sold 1,585 shares of Class A Common Stock. The open-market sale occurred on April 10, 2026, and is disclosed on a Form 4 insider trading report filed with regulators.

At what price did Workday (WDAY) executive Mark S. Garfield sell his shares?

Mark S. Garfield sold 1,585 Workday Class A shares at an average price of $113.05 per share. This reflects an open-market transaction, providing transparency into the pricing of the insider sale on the reported trade date.

How many Workday (WDAY) shares does Mark S. Garfield hold after the Form 4 sale?

Following the reported sale, Mark S. Garfield directly holds 31,467 shares of Workday Class A Common Stock. This total includes both currently held shares and restricted stock units that can convert into shares upon future settlement conditions.

Were restricted stock units included in Mark S. Garfield’s Workday (WDAY) holdings?

Yes. Of Mark S. Garfield’s 31,467 post-transaction shares, 25,474 are restricted stock units. Each RSU entitles him to receive one share of Class A Common Stock when it vests, contingent on his continued service with Workday.

Was the Workday (WDAY) insider sale by Mark S. Garfield under a Rule 10b5-1 plan?

The filing states the sale was executed under a pre-arranged Rule 10b5-1 trading plan. That plan was previously adopted by Mark S. Garfield, meaning the trade followed a preset schedule rather than a discretionary, same-day decision.

What role does Mark S. Garfield hold at Workday (WDAY) in this Form 4 filing?

In this Form 4, Mark S. Garfield is identified as Workday’s Chief Accounting Officer. His position as an executive officer makes his trades subject to detailed reporting rules, providing investors with visibility into insider equity transactions.