Workday, Inc. (WDAY) CAO sells 918 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workday, Inc.'s chief accounting officer Mark S. Garfield executed an open-market sale of 918 shares of Class A Common Stock on July 10, 2026 at $142.19 per share under a pre-arranged Rule 10b5-1 trading plan. Following the sale, he directly holds 73,718 shares, including 64,994 restricted stock units that each entitle him to one Class A share upon settlement, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 918 shares ($130,530)
Net Sell
1 txn
Insider
Garfield Mark S.
Role
Chief Accounting Officer
Sold
918 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 918 | $142.19 | $131K |
Holdings After Transaction:
Class A Common Stock — 73,718 shares (Direct)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated October 14, 2025. Includes 64,994 restricted stock units (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.
Key Figures
Shares sold: 918 shares
Sale price: $142.19 per share
Shares held after sale: 73,718 shares
+1 more
4 metrics
Shares sold
918 shares
Open-market sale of Class A Common Stock on July 10, 2026
Sale price
$142.19 per share
Price received in the July 10, 2026 open-market sale
Shares held after sale
73,718 shares
Direct holdings of Mark S. Garfield following the reported transaction
Restricted stock units
64,994 RSUs
RSUs entitling Garfield to one Class A share each upon settlement
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), Class A Common Stock
3 terms
Rule 10b5-1 trading plan financial
"The sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units (RSUs) financial
"Includes 64,994 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.
Class A Common Stock financial
"918 shares of Class A Common Stock were sold in an open-market transaction"
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 Mark S. Garfield?
Workday reported that chief accounting officer Mark S. Garfield sold 918 shares of Class A Common Stock on July 10, 2026 in an open-market transaction at $142.19 per share, executed under a pre-arranged Rule 10b5-1 trading plan and disclosed on Form 4.
Was Mark S. Garfield’s Workday (WDAY) stock sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by Mark S. Garfield on October 14, 2025, indicating the trade was pre-arranged rather than a discretionary, same-day decision based on market conditions.
What restricted stock units (RSUs) are reported for Workday (WDAY)’s chief accounting officer?
Garfield’s reported holdings include 64,994 RSUs, with each unit entitling him to receive one share of Workday Class A Common Stock upon settlement. All such grants are conditioned on his continued service with the company through the applicable vesting dates outlined in the awards.