Workday (NASDAQ: WDAY) CFO sees 2,808 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workday, Inc. Chief Financial Officer Zane Rowe reported a routine tax-related share disposition. On the vesting of restricted stock units, 2,808 shares of Class A Common Stock were withheld by Workday at $147.91 per share to satisfy tax withholding obligations. This was not an open-market sale. Following the withholding, Rowe directly holds 302,413 shares, which the footnotes state include 229,213 restricted stock units and 5,968 performance stock units, each convertible into one share upon settlement, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rowe Zane
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,808 | $147.91 | $415K |
Holdings After Transaction:
Class A Common Stock — 302,413 shares (Direct, null)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of restricted stock units (RSUs). Includes 229,213 RSUs and 5,968 performance stock units, 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.
Key Figures
Shares withheld for taxes: 2,808 shares
Withholding price: $147.91 per share
Shares held after transaction: 302,413 shares
+2 more
5 metrics
Shares withheld for taxes
2,808 shares
Class A Common Stock withheld for RSU tax obligation
Withholding price
$147.91 per share
Price used for tax-withholding disposition on June 5, 2026
Shares held after transaction
302,413 shares
Direct holdings following tax-withholding transaction
Restricted stock units
229,213 RSUs
Equity awards included in reported holdings, each for one share
Performance stock units
5,968 PSUs
Performance units included in reported holdings, one share per unit
Key Terms
restricted stock units (RSUs), performance stock units, tax withholding obligation, settlement
4 terms
restricted stock units (RSUs) financial
"vesting of restricted stock units (RSUs)."
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.
performance stock units financial
"Includes 229,213 RSUs and 5,968 performance stock units, each of which entitle"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligation financial
"withheld by the Issuer to satisfy the tax withholding obligation in connection"
settlement financial
"each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What insider transaction did Workday (WDAY) CFO Zane Rowe report?
Workday CFO Zane Rowe reported 2,808 Class A shares withheld to cover tax obligations on vested RSUs. This Form 4 shows a tax-withholding disposition, not an open-market stock sale, and reflects routine equity compensation processing.
What equity awards are included in the Workday (WDAY) CFO’s reported holdings?
The reported 302,413-share holding includes 229,213 restricted stock units and 5,968 performance stock units. Each unit entitles the CFO to receive one Class A share upon settlement, subject to his continued service on the relevant vesting dates.