Workday exec has 3,369 shares withheld for taxes
Workday’s President of Product and Technology had shares withheld for taxes tied to RSU vesting and continues to hold a substantial equity and RSU position.
Rhea-AI Filing Summary
Workday, Inc. (WDAY) reported that executive Gerrit S. Kazmaier had 3,369 shares of Class A Common Stock withheld on September 5, 2026 to satisfy a tax withholding obligation related to vesting restricted stock units. After this withholding, he holds 263,019 shares directly, including 246,656 RSUs that each convert into one share upon settlement, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Tax Withholding: 3,369 shares
Tax Withholding
1 txn
Insider
Kazmaier Gerrit S
Role
President, Prod. and Tech.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 3,369 | $195.79 | $660K |
Holdings After Transaction:
Class A Common Stock — 263,019 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of restricted stock units (RSUs).
- F2. Includes 246,656 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 withheld for tax: 3,369 shares
Withholding reference price: $195.79 per share
Shares held after transaction: 263,019 shares
+1 more
4 metrics
Shares withheld for tax
3,369 shares
Shares withheld on September 5, 2026 to satisfy tax withholding from RSU vesting
Withholding reference price
$195.79 per share
Price used in connection with the 3,369-share tax-withholding disposition
Shares held after transaction
263,019 shares
Direct Class A Common Stock holdings following the September 5, 2026 transaction
RSUs included in holdings
246,656 RSUs
Each RSU entitles the holder to one share upon settlement, subject to continued service
Key Terms
restricted stock units (RSUs), tax withholding obligation, settlement
3 terms
restricted stock units (RSUs) financial
"in connection with the vesting of restricted stock units (RSUs)"
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.
tax withholding obligation financial
"to satisfy the tax withholding obligation in connection with the vesting"
settlement financial
"each of which entitle the Reporting Person to receive one share 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
What insider transaction did Workday (WDAY) disclose for Gerrit S. Kazmaier?
Workday disclosed that 3,369 shares of Class A Common Stock were withheld on September 5, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units held by Gerrit S. Kazmaier.
Was the Workday (WDAY) insider transaction a market sale or a tax withholding?
The transaction was a tax-withholding disposition, not a market sale. 3,369 shares were withheld by Workday to pay the tax liability associated with the vesting of restricted stock units awarded to Gerrit S. Kazmaier.
What RSU position does the Workday (WDAY) executive have according to the Form 4?
The filing states that Gerrit S. Kazmaier holds 246,656 restricted stock units (RSUs). Each RSU entitles him to receive one share of Workday Class A Common Stock upon settlement, and all grants require his continued service on the applicable vesting dates.
Was Gerrit S. Kazmaier’s Workday (WDAY) transaction under a Rule 10b5-1 trading plan?
The filing indicates that no Rule 10b5-1 trading plan is affirmed for this transaction. It is characterized specifically as shares withheld by Workday to cover tax withholding obligations from RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.