WDAY.NASDAQWorkday, INC

Form 4: Workday CEO Carl Eschenbach Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Workday's CEO, Carl Eschenbach, reports the withholding of shares to cover tax obligations related to vesting performance restricted stock units (PRSUs) and adjustments to holdings in a family trust.

Summary

  • On July 5, 2024, Workday CEO Carl M. Eschenbach reported a transaction involving Class A Common Stock.
  • 1,674 shares were withheld by Workday to satisfy tax obligations related to the vesting of performance restricted stock units (PRSUs) at a price of $225.55.
  • Following the transaction, Eschenbach directly owns 668,134 shares of Class A Common Stock, which includes 283,272 restricted stock units (RSUs) and 239,544 PRSUs.
  • Eschenbach also indirectly owns 20,222 shares through the Eschenbach Family Trust, where he and his spouse are trustees and beneficiaries.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the holdings and transactions of key company personnel.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.

Key Dates

DateDescription
4/15/2014Date of Eschenbach Family Trust
07/05/2024Date of transaction: Shares withheld for tax obligations
07/09/2024Date of signature on the report

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