Workday (NASDAQ: WDAY) president sells stock in 10b5-1 plan trades reported

Rhea-AI Filing Summary

Workday, Inc. executive Gerrit S. Kazmaier, President, Products and Technology, reported several transactions in Class A Common Stock. On January 5, 2026, 2,427 shares were withheld by Workday to cover tax obligations tied to vesting restricted stock units at a price of $205.79 per share. On January 6, 2026, he sold blocks of 300, 1,200, 1,437, and 822 shares at weighted average prices of $206.78, $207.635, $209.2695, and $210.109, respectively.

The sales were executed under a previously adopted Rule 10b5-1 trading plan dated September 19, 2025, which automates trades according to preset instructions. After these transactions, Kazmaier beneficially owned 105,167 shares, including restricted stock units that each convert into one share of Class A Common Stock upon settlement, subject to his continued service with Workday.

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

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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).

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^*

Kazmaier Gerrit S

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Prod. and Tech.

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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	01/05/2026		F		2,427(1)	D	$205.79	108,926(2)	D
Class A Common Stock	01/06/2026		S(3)		300	D	$206.78(4)	108,626(2)	D
Class A Common Stock	01/06/2026		S(3)		1,200	D	$207.635(5)	107,426(2)	D
Class A Common Stock	01/06/2026		S(3)		1,437	D	$209.2695(6)	105,989(2)	D
Class A Common Stock	01/06/2026		S(3)		822	D	$210.109(7)	105,167(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of restricted stock units (RSUs).

2. Includes 105,167 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.

3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated September 19, 2025.

4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $206.17 to $207.1699, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.

5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $207.35 to $208.3499, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.

6. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $208.66 to $209.6599, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.

7. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $209.72 to $210.7199, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.

Remarks:

	/s/ Juliana Capata, attorney-in-fact	01/07/2026
	** 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 Gerrit S. Kazmaier?

Workday reported that Gerrit S. Kazmaier, President, Products and Technology, had shares withheld for taxes on RSU vesting and sold multiple blocks of Class A Common Stock in early January 2026.

How many Workday (WDAY) shares were sold by Gerrit S. Kazmaier in this Form 4?

On January 6, 2026, Gerrit S. Kazmaier sold four blocks of Workday Class A Common Stock: 300, 1,200, 1,437, and 822 shares, each at reported weighted average prices.

What prices did Gerrit S. Kazmaier receive for the Workday (WDAY) stock sales?

The reported weighted average sale prices were $206.78, $207.635, $209.2695, and $210.109 per share, with each representing multiple trades within specified price ranges.

Were Gerrit S. Kazmaier’s Workday (WDAY) stock sales under a Rule 10b5-1 plan?

Yes. A footnote states that the sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by Kazmaier on September 19, 2025.

Why were 2,427 Workday (WDAY) shares withheld on January 5, 2026?

A footnote explains that the 2,427 shares were withheld by Workday to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).

How many Workday (WDAY) shares does Gerrit S. Kazmaier beneficially own after these transactions?

Following the reported transactions, Kazmaier beneficially owned 105,167 shares, which include RSUs that each entitle him to receive one share of Class A Common Stock upon settlement, subject to continued service.

What is Gerrit S. Kazmaier’s role at Workday (WDAY)?

Gerrit S. Kazmaier is an officer of Workday, serving as President, Products and Technology, as disclosed in the Form 4.