Workday (WDAY) product and tech president awarded 116,387 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kazmaier Gerrit S reported acquisition or exercise transactions in this Form 4 filing.
Workday, Inc. reported that President, Product and Technology Gerrit S. Kazmaier received an equity grant of 116,387 shares of Class A Common Stock on May 5, 2026 as a grant or award, not an open-market purchase. After this award, he directly holds 281,461 shares.
The footnote explains these are restricted stock units (RSUs). In total, 278,343 RSUs entitle him to receive one share each upon settlement, including the 116,387 new RSUs. The new grant will vest as to 1/16 of the shares on July 5, 2026, then quarterly thereafter, subject to his continued service with Workday on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kazmaier Gerrit S
Role
President, Prod. and Tech.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 116,387 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 281,461 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 116,387 shares
Post-grant holdings: 281,461 shares
Total RSUs held: 278,343 RSUs
+2 more
5 metrics
RSU grant size
116,387 shares
Class A Common Stock RSUs granted May 5, 2026
Post-grant holdings
281,461 shares
Total Class A Common Stock directly held after transaction
Total RSUs held
278,343 RSUs
RSUs entitling holder to one share each upon settlement
Initial vesting date
July 5, 2026
1/16 of new RSU grant vests on this date
Vesting pattern
Quarterly installments
After July 5, 2026, remaining RSUs vest quarterly
Key Terms
restricted stock units (RSUs), settlement, vesting, grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"Includes 278,343 restricted stock units (RSUs), each of which entitle the Reporting Person"
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.
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.
vesting financial
"which will vest as to 1/16 of the underlying shares on July 5, 2026, and then quarterly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Workday (WDAY) executive Gerrit Kazmaier report in this Form 4?
Gerrit S. Kazmaier reported receiving a grant of 116,387 shares of Workday Class A Common Stock as restricted stock units. This is an equity compensation award, not an open-market purchase or sale, and increases his directly held position reported in this filing.
What are the terms of Gerrit Kazmaier’s new RSU grant at Workday (WDAY)?
The new award includes 116,387 restricted stock units, each convertible into one share upon settlement. These RSUs will vest 1/16 on July 5, 2026, and then quarterly thereafter, provided Kazmaier continues his service with Workday on each vesting date.
Is the Workday (WDAY) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant or award acquisition coded as “A,” not an open-market purchase or sale. It represents equity compensation in the form of restricted stock units rather than a discretionary buy or sell in the public market.
How many restricted stock units does Gerrit Kazmaier now have at Workday (WDAY)?
The filing states he holds 278,343 restricted stock units, including the 116,387 RSUs granted on May 5, 2026. Each RSU entitles him to receive one share of Workday Class A Common Stock when the unit is settled under its vesting schedule.