Workday (WDAY) director receives 2,366-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centoni Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
Workday director Elizabeth Centoni reported receiving a grant of 2,366 shares of Class A Common Stock, recorded at a price of $0.00 per share as a compensation-related award rather than a market purchase. Following this grant, she directly holds 6,564 shares.
Her direct holdings include 4,333 restricted stock units (RSUs), each settling into one share of Class A Common Stock upon vesting. This includes 2,336 RSUs from a grant dated 6/16/2026 that will vest 100% on 5/5/2027, subject to her continued service with Workday.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Centoni Elizabeth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,366 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 6,564 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,366 shares
Price per granted share: $0.00 per share
Shares held after transaction: 6,564 shares
+2 more
5 metrics
Shares granted
2,366 shares
Class A Common Stock grant on 6/16/2026
Price per granted share
$0.00 per share
Equity award, not open-market purchase
Shares held after transaction
6,564 shares
Direct holdings following the grant
Total RSUs held
4,333 RSUs
Each RSU settles into one Class A share
RSUs from 6/16/2026 grant
2,336 RSUs
Vest 100% on 5/5/2027, subject to service
Key Terms
restricted stock units (RSUs), settlement, vesting date, grant date, +1 more
5 terms
restricted stock units (RSUs) financial
"Includes 4,333 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.
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 date financial
"which will vest 100% on 5/5/2027. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting date"
grant date financial
"from an original grant with a grant date of 6/16/2026 which will vest 100% on 5/5/2027"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Class A Common Stock financial
"each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Workday (WDAY) report for Elizabeth Centoni?
Workday reported that director Elizabeth Centoni received a grant of 2,366 shares of Class A Common Stock. The award was recorded at $0.00 per share, reflecting a compensation-related equity grant rather than an open-market purchase or sale.
What restricted stock units (RSUs) are included in Elizabeth Centoni’s Workday holdings?
Centoni’s position includes 4,333 restricted stock units (RSUs), each entitling her to one share of Workday Class A Common Stock upon settlement. These RSUs form part of her overall equity compensation from the company.
When will Elizabeth Centoni’s recent Workday RSU grant vest?
The filing notes that 2,336 RSUs from a grant dated 6/16/2026 will vest 100% on 5/5/2027. Vesting is conditioned on her continued service with Workday through the applicable vesting date.
Does Elizabeth Centoni’s Workday equity depend on continued service?
Yes. The filing specifies that all grants are subject to Centoni’s continued service with Workday on the applicable vesting date. If service ends before vesting, some or all unvested RSUs may not settle into shares.