Large equity grants boost Workday (WDAY) CEO Aneel Bhusri’s share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workday, Inc. CEO Aneel Bhusri reported equity awards that increase his direct holdings in the company. On March 5, 2026 he received 547,003 performance rights and a grant of 437,602 restricted stock units (RSUs), each at an award price of $0.00 per share.
The 437,602 RSUs will vest 25% on March 5, 2027 and then quarterly, subject to his continued service. The performance-based RSUs are split into four tranches tied to stock-price performance over a five-year period and then vest in 20 quarterly installments for each achieved tranche.
After these transactions, Bhusri directly holds 1,025,523 shares of Class A Common Stock, including RSUs and PSUs, and 8,126,443 shares of Class B Common Stock, plus an additional 5,000 Class B shares held indirectly through a minor child. Class B shares are convertible into Class A on a one-for-one basis and are subject to automatic conversion into a single class of common stock upon specified future events.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BHUSRI ANEEL
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 547,003 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 437,602 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Rights — 547,003 shares (Direct);
Class A Common Stock — 1,025,523 shares (Direct);
Class B Common Stock — 8,126,443 shares (Direct);
Class B Common Stock — 5,000 shares (Indirect, By Minor Child)
Footnotes (1)
- Includes 585,613 restricted stock units (RSUs) and 9,182 performance stock units (PSUs), each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, including 437,602 RSUs with a grant date of March 5, 2026, which will vest as to 25% of the underlying shares on March 5, 2027 and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates. Reflects shares of Class A Common Stock subject to performance-based RSUs (PVUs) that are divided into four tranches, with each tranche representing the Reporting Person's right to acquire 1/4 of the maximum shares subject to the award. Each PVU represents a contingent right to receive one share of Class A Common Stock. The PVUs shall vest subject to the achievement of certain performance metrics based on the Issuer's stock price over a five-year performance period. Subject to the achievement of the performance metrics applicable to each tranche and to the Reporting Person's continued service with the Issuer on the applicable vesting dates, the shares subject to an achieved tranche shall vest as to 1/20 of such tranche's shares on each of the 20 quarterly anniversaries of 03/05/2026. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine (9) months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date. Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date.
FAQ
What equity awards did Workday (WDAY) CEO Aneel Bhusri receive on March 5, 2026?
Aneel Bhusri received 547,003 performance rights and 437,602 restricted stock units (RSUs) of Workday Class A Common Stock on March 5, 2026, each with an award price of $0.00 per share, as part of his equity compensation.
How do the new RSUs granted to Workday (WDAY) CEO Aneel Bhusri vest?
The 437,602 RSUs granted to Aneel Bhusri vest as to 25% of the shares on March 5, 2027, with the remaining shares vesting quarterly thereafter, conditioned on his continued service with Workday on each applicable vesting date.
What are the performance-based RSUs (PVUs) reported for Workday (WDAY) CEO Aneel Bhusri?
Bhusris performance-based RSUs, or PVUs, are divided into four tranches, each covering one-quarter of the maximum shares. They vest based on stock-price performance over five years, then each achieved tranche vests in 20 quarterly installments, subject to continued service.