Workday Inc SEC Filings

Workday, Inc. (WDAY) Form 4: Richard Harry Sauer, Chief Legal Officer and Secretary, reported a sale of 1,160 shares of Class A Common Stock on 09/11/2025. The shares were sold at a weighted average price of $226.63, with individual trade prices in the range $226.63 to $227.6299. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted June 12, 2025. After the reported sale Sauer beneficially owned 96,916 shares, which include 76,688 restricted stock units that convert to one share each upon settlement. The filing is signed by an attorney-in-fact on 09/15/2025.

Workday, Inc. (WDAY) Form 144: An individual proposes to sell 1,160 shares of Workday common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $262,716.80. The filing lists 217,000,000 shares outstanding and an approximate sale date of 09/11/2025. The shares were acquired as Restricted Stock Units (RSUs) on 07/05/2025, with the acquisition and payment both recorded on that date. No securities were reported sold by the filer in the past three months. The filing includes the standard representation that the seller does not possess undisclosed material adverse information and notes use of a registered broker for the proposed sale.

Carl M. Eschenbach, director and CEO of Workday, Inc. (WDAY) reported a Form 4 disclosing transactions on 09/05/2025 tied to the vesting of equity awards. The filing shows 11,084 shares of Class A common stock were disposed via withholding to satisfy tax obligations at a reported price of $231.13 per share. After the transaction the reporting person beneficially owned 680,367 shares directly and an additional 1,472 shares indirectly through the Eschenbach Family Trust. The filing explains 255,779 RSUs and 192,308 PRSUs are outstanding and settle one-for-one upon vesting, all subject to continued service. The form is signed by an attorney-in-fact on 09/09/2025.

David A. Duffield, a director of Workday, Inc. (WDAY), reported transactions on 09/02/2025 showing a conversion of 75,817 Class B shares into Class A shares at $0 and subsequent sales of those Class A shares executed the same day under a Rule 10b5-1 plan.

The Form 4 discloses three sale tranches totaling 75,817 Class A shares sold at weighted-average prices in ranges: $226.88–$227.8799, $227.88–$228.8799, and $228.88–$229.8799, with reported weighted-average prices of $227.4962, $228.2818, and $229.0579. The filing states reported beneficial ownership following these transactions of 41,845,366 shares (directly held via the David A. Duffield Trust) and notes 30,000 shares indirectly owned by the Dave and Cheryl Duffield Foundation.

Form 144 filed for Workday, Inc. (WDAY) reports a proposed sale of 75,817 common shares with an aggregate market value of $17,500,079.94, representing part of ~217,000,000 shares outstanding. The planned sale is to occur on or about 09/02/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. The securities were acquired in a private placement from the issuer on 12/27/2007 and were paid for in cash. The filing also lists Rule 10b5-1 sales by related trusts during June–July 2025 totaling multiple transactions, including sales of 72,551, 72,917, 73,971, 71,240, and 15,000 shares with corresponding gross proceeds shown in the filing.

Workday, Inc. reported interim condensed consolidated information showing a strong liquidity position with $8.2 billion of cash, cash equivalents, and marketable securities as of July 31, 2025, and a large contracted subscription backlog of $25.4 billion of remaining performance obligations. The company expects to recognize approximately $7.9 billion of that backlog in the next 12 months and $14.1 billion within 24 months. Workday operates as a single reportable segment (cloud applications) and states it was in compliance with debt covenants and its $1.0 billion revolving credit facility had no outstanding borrowings at period end.

The company disclosed capital structure and financing details including Senior Notes totaling approximately $3.0 billion across maturities 2027, 2029, and 2032, share repurchase authorizations of $1.0 billion (Aug 2024) plus an additional $1.0 billion (May 2025), and unrecognized compensation cost of $2.9 billion related to unvested RSUs and PSUs. Management recorded restructuring charges of $232 million tied to a Fiscal 2026 restructuring reducing workforce by ~7.5%. Workday states its cash and available financing are sufficient to meet near-term obligations.