Workday (WDAY) president logs pre-planned stock sales and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Workday, Inc. President and CCO Robert Enslin reported planned stock sales and tax withholding related to equity compensation. On July 5, 2026, he sold 5,374 shares of Class A Common Stock in open-market transactions at prices from $129.49 to $138.00 per share, all executed under a previously adopted Rule 10b5-1 trading plan.
In a separate step, 5,634 shares were withheld by Workday to cover tax obligations upon the vesting of restricted stock units, which is not an open-market sale. After these transactions, Enslin directly held 244,843 shares, including 232,727 RSUs that vest over time subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,374 shares ($724,972)
Net Sell
9 txns
Insider
Enslin Robert
Role
President, CCO
Sold
5,374 shs ($725K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,634 | $135.40 | $763K |
| Sale | Class A Common Stock | 73 | $129.49 | $9K |
| Sale | Class A Common Stock | 869 | $130.86 | $114K |
| Sale | Class A Common Stock | 731 | $132.53 | $97K |
| Sale | Class A Common Stock | 282 | $133.42 | $38K |
| Sale | Class A Common Stock | 593 | $134.56 | $80K |
| Sale | Class A Common Stock | 460 | $136.07 | $63K |
| Sale | Class A Common Stock | 2,021 | $137.21 | $277K |
| Sale | Class A Common Stock | 345 | $138.00 | $48K |
Holdings After Transaction:
Class A Common Stock — 244,843 shares (Direct, null)
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 232,727 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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated September 26, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $129.465 to $130.4649, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $130.49 to $131.4899, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $131.96 to $132.9599, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $133.00 to $133.9999, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $134.20 to $135.1999, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $135.65 to $136.6499, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $136.91 to $137.9099, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $137.96 to $138.9599, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
Key Figures
Open-market shares sold: 5,374 shares
Sale price range: $129.49–$138.00 per share
Shares withheld for taxes: 5,634 shares
+2 more
5 metrics
Open-market shares sold
5,374 shares
Net shares sold on July 5, 2026
Sale price range
$129.49–$138.00 per share
Reported transaction prices for Class A Common Stock
Shares withheld for taxes
5,634 shares
Withheld to satisfy RSU tax withholding obligation
Shares held after transactions
244,843 shares
Direct holdings of Class A Common Stock following transactions
RSUs outstanding
232,727 RSUs
Each RSU entitles settlement in one Class A share
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), tax withholding obligation, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales reported in this Form 4 were 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
"Represents shares withheld by the Issuer to satisfy the 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.
tax withholding obligation financial
"Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of restricted stock units..."
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting financial
"All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Workday (WDAY) President Robert Enslin report in this Form 4?
Robert Enslin reported selling 5,374 shares of Workday Class A Common Stock in open-market transactions and a separate withholding of 5,634 shares to cover taxes on RSU vesting, all on July 5, 2026.
Was Robert Enslin’s Workday (WDAY) stock sale pre-planned?
Yes. The filing states the sales were effected under a previously adopted Rule 10b5-1 trading plan dated September 26, 2025, indicating the transactions were scheduled in advance rather than timed discretionarily.
What are the RSUs mentioned in Robert Enslin’s Workday (WDAY) filing?
The filing notes 232,727 RSUs, each representing a right to receive one Workday Class A share upon settlement. These restricted stock units vest over time, conditioned on Enslin’s continued service with Workday on the specified vesting dates.