Workday (WDAY) CAO reports 1,133-share tax withholding on RSU awards

Rhea-AI Filing Summary

Workday, Inc. insider activity: Chief Accounting Officer Mark S. Garfield reported a Form 4 transaction on Class A common stock. On 01/05/2026, 1,133 shares were withheld by Workday to cover tax obligations arising from the vesting of restricted stock units, rather than being sold in the open market. After this withholding, Garfield beneficially owned 36,289 shares, including 30,927 RSUs that each convert into one share upon settlement and 71 shares acquired through the company’s employee stock purchase program.

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

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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^*

Garfield Mark 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)
	Chief Accounting Officer

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		1,133(1)	D	$205.79	36,289(2)(3)	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 30,927 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. Includes 71 shares of Class A Common Stock that were purchased through the Issuer's Employee Stock Purchase Program.

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 Mark S. Garfield?

The filing reports that Chief Accounting Officer Mark S. Garfield had 1,133 shares of Class A common stock withheld by Workday on 01/05/2026 to satisfy tax withholding obligations related to vesting restricted stock units.

Did the Workday (WDAY) CAO sell shares in the open market?

No. The 1,133 shares were withheld by the issuer to pay taxes on RSU vesting, which is different from a discretionary sale in the open market.

How many Workday (WDAY) shares does the CAO beneficially own after this transaction?

After the reported transaction, Mark S. Garfield beneficially owned 36,289 shares of Workday Class A common stock.

How many Workday (WDAY) RSUs does the CAO hold?

The position includes 30,927 restricted stock units (RSUs), each entitling him to receive one share of Class A common stock upon settlement, subject to continued service and vesting conditions.

What additional Workday (WDAY) shares are held through employee programs?

The beneficial ownership also includes 71 shares of Class A common stock that were purchased through Workday’s Employee Stock Purchase Program.

What is the role of the reporting person at Workday (WDAY)?

The reporting person, Mark S. Garfield, serves as Workday’s Chief Accounting Officer, as indicated in the filing.