Workday (WDAY) CEO transfers 9,568 Class A shares to family trust

Rhea-AI Filing Summary

Workday, Inc. CEO Carl Eschenbach reported an internal share transfer involving Class A Common Stock. On January 8, 2026, he transferred 9,568 shares of Class A Common Stock at a reported price of $0 to the Eschenbach Family Trust, changing the form of ownership but not the overall economic exposure disclosed. Following this transaction, he beneficially owned 624,643 shares directly and 26,665 shares indirectly through the Eschenbach Family Trust.

The directly held amount includes 225,115 restricted stock units (RSUs) and 178,812 performance restricted stock units (PRSUs), each convertible into one share of Class A Common Stock upon settlement, subject to his continued service with Workday. The trust is in the name of Eschenbach and his spouse, who are both trustees and beneficiaries.

SEC Form 4

FORM 4

UNITED 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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

Eschenbach Carl M.

(Last) (First) (Middle)

C/O WORKDAY, INC.

6110 STONERIDGE MALL ROAD

(Street)

PLEASANTON CA 94588

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Workday, Inc. [ WDAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/08/2026		G		9,568	D	$0	624,643(1)	D(2)
Class A Common Stock								26,665	I(2)	Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 225,115 restricted stock units (RSUs) and 178,812 performance restricted stock units (PRSUs), 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.

2. On January 8, 2026, the reporting person transferred 9,568 shares of Class A Common Stock to the Eschenbach Family Trust.

3. The trust is in the name of the Reporting Person and his spouse, who are both trustees and beneficiaries of the trust.

Remarks:

	/s/ Juliana Capata, attorney-in-fact	01/12/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Workday (WDAY) report for CEO Carl Eschenbach?

Workday reported that CEO and director Carl Eschenbach transferred 9,568 shares of Class A Common Stock on January 8, 2026 to the Eschenbach Family Trust in a transaction coded G.

How many Workday (WDAY) shares does Carl Eschenbach beneficially own after the reported transaction?

After the transfer, Carl Eschenbach beneficially owned 624,643 shares of Class A Common Stock directly and 26,665 shares indirectly through the Eschenbach Family Trust.

What role does the Eschenbach Family Trust play in the Workday (WDAY) Form 4 filing?

The Eschenbach Family Trust received 9,568 shares from Carl Eschenbach on January 8, 2026, and holds 26,665 shares indirectly attributed to him. The trust is in the name of Eschenbach and his spouse, who are both trustees and beneficiaries.

What types of equity awards are included in Carl Eschenbach’s Workday (WDAY) direct holdings?

His direct holdings include 225,115 restricted stock units (RSUs) and 178,812 performance restricted stock units (PRSUs), each representing the right to receive one share of Class A Common Stock upon settlement, subject to continued service.

Did Carl Eschenbach pay a price per share in the reported Workday (WDAY) transaction?

The transfer of 9,568 shares to the Eschenbach Family Trust was reported at a price of $0 per share, consistent with a non-cash internal transfer coded as G.

What positions does Carl Eschenbach hold at Workday (WDAY) according to this Form 4?

Carl Eschenbach is reported as both a Director and an Officer, serving as CEO of Workday, Inc.