Workday CAO granted 2 new RSU awards
Workday, Inc. reported that Chief Accounting Officer Mark S. Garfield acquired Class A Common Stock through equity awards, not open-market purchases.
Rhea-AI Filing Summary
Workday, Inc. reported that Chief Accounting Officer Mark S. Garfield acquired Class A Common Stock through equity awards, not open-market purchases. The Form 4 shows two grants of 23,277 restricted stock units (RSUs) each, awarded at no cash cost to him.
Footnotes state that each RSU entitles him to one share of Class A Common Stock upon settlement. One 23,277-RSU grant will vest in 1/16 increments starting on July 5, 2026 and then quarterly, while another 23,277-RSU grant will vest in 1/12 increments starting the same date and then quarterly, in each case conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 46,554 shares
Grant/Award
2 txns
Insider
Garfield Mark S.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 23,277 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 23,277 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 78,021 shares (Direct)
Footnotes (2)
- F1. Includes 48,751 restricted stock units (RSUs), each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, including 23,277 RSUs with a grant date of May 5, 2026, which will vest as to 1/16 of the underlying shares on July 5, 2026, and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
- F2. Includes 72,028 RSUs, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, including 23,277 RSUs with a grant date of May 5, 2026, which will vest as to 1/12 of the underlying shares on July 5, 2026, and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
Key Figures
Individual RSU grant size: 23,277 RSUs
Total RSUs in first grouping: 48,751 RSUs
Total RSUs in second grouping: 72,028 RSUs
+2 more
5 metrics
Individual RSU grant size
23,277 RSUs
Each new RSU award of Class A Common Stock granted May 5, 2026
Total RSUs in first grouping
48,751 RSUs
Includes 23,277 RSUs granted May 5, 2026 vesting 1/16 from July 5, 2026
Total RSUs in second grouping
72,028 RSUs
Includes 23,277 RSUs granted May 5, 2026 vesting 1/12 from July 5, 2026
Shares after first award line
78,021 shares
Direct Class A Common Stock holdings following one reported acquisition
Shares after second award line
54,744 shares
Direct Class A Common Stock holdings following the other reported acquisition
Key Terms
restricted stock units (RSUs), vest, settlement
3 terms
restricted stock units (RSUs) financial
"Includes 48,751 restricted stock units (RSUs), each of which entitle the Reporting Person to receive one share"
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.
vest financial
"which will vest as to 1/16 of the underlying shares on July 5, 2026, and then quarterly thereafter"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Workday (WDAY) report for Mark S. Garfield?
Workday reported that Chief Accounting Officer Mark S. Garfield received equity awards of Class A Common Stock via restricted stock units (RSUs). These are compensation-related grants, not open-market purchases, and provide future shares as they vest over time.
How many Workday RSUs did Mark S. Garfield receive in this Form 4 filing?
The filing shows two equity awards of 23,277 restricted stock units (RSUs) each. Every RSU represents the right to receive one share of Workday Class A Common Stock upon settlement, subject to the specific vesting schedules and continued employment conditions described.
What are the vesting terms for Mark S. Garfield’s new Workday RSU awards?
One 23,277-RSU grant vests in 1/16 increments beginning July 5, 2026, then quarterly. Another 23,277-RSU grant vests in 1/12 increments from the same date, also quarterly. Both awards require Garfield’s continued service with Workday on each vesting date.
How many total RSUs are referenced for Mark S. Garfield in the Workday filing?
Footnotes reference 48,751 RSUs in one grouping and 72,028 RSUs in another, each including a 23,277-RSU grant dated May 5, 2026. These figures reflect broader RSU holdings and newly granted awards, all subject to vesting and continued service requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
