Workday (WDAY) CEO reports 8,501-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workday, Inc. CEO Aneel Bhusri reported a routine tax-related share disposition. On July 5, 2026, 8,501 shares of Class A Common Stock were withheld at $135.40 per share to cover tax obligations tied to vesting restricted stock units.
After this withholding, Bhusri directly holds 1,000,552 shares of Class A Common Stock. He also has significant equity awards outstanding, including Class B Common Stock and performance rights that can convert into Class A shares, as well as RSUs and performance-based RSUs that vest over time with continued service and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
BHUSRI ANEEL
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 8,501 | $135.40 | $1.15M |
| holding | Performance Rights | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,000,552 shares (Direct, null);
Performance Rights — 547,003 shares (Direct, null);
Class B Common Stock — 8,126,443 shares (Direct, null);
Class B Common Stock — 5,000 shares (Indirect, By Minor Child)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of restricted stock units (RSUs). Includes 535,258 RSUs and 9,182 performance stock units, 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. Reflects shares of Class A Common Stock subject to performance-based RSUs (PVUs) that are divided into four tranches, with each tranche representing the Reporting Person's right to acquire 1/4 of the maximum shares subject to the award. Each PVU represents a contingent right to receive one share of Class A Common Stock. The PVUs shall vest subject to the achievement of certain performance metrics based on the Issuer's stock price over a five-year performance period. Subject to the achievement of the performance metrics applicable to each tranche and to the Reporting Person's continued service with the Issuer on the applicable vesting dates, the shares subject to an achieved tranche shall vest as to 1/20 of such tranche's shares on each of the 20 quarterly anniversaries of 03/05/2026. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine (9) months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date. Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date.
Key Figures
Tax-withheld shares: 8,501 shares
Withholding price: $135.40 per share
Direct Class A holdings: 1,000,552 shares
+5 more
8 metrics
Tax-withheld shares
8,501 shares
Class A Common Stock withheld for RSU tax obligations at $135.40
Withholding price
$135.40 per share
Price used for 8,501-share tax withholding on Class A stock
Direct Class A holdings
1,000,552 shares
Class A Common Stock held directly after reported transaction
Direct Class B underlying
8,126,443 shares
Underlying Class A shares from directly held Class B Common Stock
Indirect Class B underlying
5,000 shares
Underlying Class A shares from Class B held by minor child
Performance rights underlying
547,003 shares
Underlying Class A shares from performance rights held directly
RSUs held
535,258 RSUs
Each RSU entitles the holder to one Class A share on settlement
Performance stock units
9,182 units
Each unit entitles the holder to one Class A share on settlement
Key Terms
restricted stock units (RSUs), performance stock units, performance-based RSUs (PVUs), tax withholding obligation, +2 more
6 terms
restricted stock units (RSUs) financial
"tax withholding obligation 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.
performance stock units financial
"Includes 535,258 RSUs and 9,182 performance stock units, each of which entitle"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
performance-based RSUs (PVUs) financial
"Reflects shares of Class A Common Stock subject to performance-based RSUs (PVUs) that are divided into four tranches"
tax withholding obligation financial
"shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of RSUs"
Class B Common Stock financial
"All shares of Class A and Class B Common Stock will convert automatically"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
performance metrics based on the Issuer's stock price financial
"vest subject to the achievement of certain performance metrics based on the Issuer's stock price over a five-year performance period"
FAQ
What did Workday (WDAY) CEO Aneel Bhusri report in this Form 4?
Aneel Bhusri reported a tax-related share disposition. Workday withheld 8,501 Class A shares at $135.40 each to satisfy tax obligations from RSU vesting, while he retained over one million Class A shares and substantial additional equity awards.
How do Workday performance-based RSUs (PVUs) for the CEO vest?
The CEO’s performance-based RSUs (PVUs) are divided into four tranches. Each tranche can vest based on Workday’s stock price performance over a five-year period, then vests in 20 quarterly installments from March 5, 2026, contingent on continued service and performance achievement.