Workday (WDAY) director receives 2,366-share equity award in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MORRIS RHONDA J reported acquisition or exercise transactions in this Form 4 filing.
Workday, Inc. director Rhonda J. Morris received an equity award of 2,366 shares of Class A Common Stock at no cost, increasing her direct holdings to 6,554 shares. A related footnote explains that her position includes 4,327 restricted stock units that vest over time, including a tranche vesting on May 5, 2027 subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORRIS RHONDA J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,366 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 6,554 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award: 2,366 shares
Total direct holdings: 6,554 shares
Restricted stock units: 4,327 RSUs
+1 more
4 metrics
Equity award
2,366 shares
Class A Common Stock granted on June 16, 2026 at $0.0000
Total direct holdings
6,554 shares
Class A Common Stock after reported transaction
Restricted stock units
4,327 RSUs
Each RSU entitles holder to one Class A share upon settlement
Future vesting tranche
2,336 RSUs
From original grant dated June 16, 2026 vesting 100% on May 5, 2027
Key Terms
Class A Common Stock, restricted stock units (RSUs), settlement, vesting
4 terms
Class A Common Stock financial
"Class A Common Stock"
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.
restricted stock units (RSUs) financial
"Includes 4,327 restricted stock units (RSUs), each of which entitle"
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 financial
"which will vest 100% on 5/5/2027"
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) director Rhonda J. Morris report in this Form 4?
Rhonda J. Morris reported receiving an equity award of 2,366 shares of Workday Class A Common Stock at no cost. This award increased her direct ownership to 6,554 shares, reflecting stock-based compensation rather than an open-market purchase.
What restricted stock units (RSUs) are disclosed for Rhonda J. Morris at Workday (WDAY)?
The filing notes that 4,327 restricted stock units are included in her holdings. Each RSU entitles her to receive one share of Workday Class A Common Stock upon settlement, contingent on satisfaction of vesting conditions tied to continued service.
When will Rhonda J. Morris’s new Workday RSUs vest according to the disclosure?
The footnote states that 2,336 RSUs from an original grant dated June 16, 2026 will vest 100% on May 5, 2027. Vesting is contingent on Rhonda J. Morris remaining in service with Workday through the applicable vesting date.
Was Rhonda J. Morris’s Workday equity award a market purchase or compensation grant?
The award is described as a grant or other acquisition with a reported price of $0.0000 per share, indicating stock-based compensation. It is not an open-market purchase, but part of her equity compensation as a Workday director.