Form 4: Workday CEO Carl Eschenbach Reports Stock Transactions
SEC Form 4 Filing
Workday CEO Carl Eschenbach reports the disposition of shares to cover tax obligations related to vesting performance restricted stock units.
Summary
- On August 5, 2024, Carl M. Eschenbach, CEO of Workday, Inc., reported a transaction involving Class A Common Stock.
- 1,674 shares were disposed of to satisfy tax withholding obligations related to the vesting of performance restricted stock units (PRSUs) at a price of $214.86 per share.
- Following the transaction, Eschenbach directly owns 666,460 shares of Class A Common Stock, which includes 283,272 restricted stock units (RSUs) and 236,170 PRSUs.
- Eschenbach also indirectly owns 20,222 shares through the Eschenbach Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of the CEO's stock holdings.
Key Dates
| Date | Description |
|---|---|
| 04/15/2014 | Date of Eschenbach Family Trust |
| 08/05/2024 | Date of stock transaction |
| 08/07/2024 | Date of signature |
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