Form 4: Workday CEO Carl Eschenbach Reports Stock Transactions
SEC Form 4 Filing
Workday CEO Carl M. Eschenbach reports the disposition of shares to cover tax obligations and details beneficial ownership of Class A Common Stock and derivative securities.
Summary
- On May 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 $255.78 per share.
- Following the transaction, Eschenbach directly owns 680,809 shares of Class A Common Stock, which includes 302,250 restricted stock units (RSUs) and 246,292 PRSUs.
- Eschenbach also indirectly owns 20,222 shares through the Eschenbach Family Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. This filing indicates routine transactions related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 4/15/2014 | Date of Eschenbach Family Trust |
| 05/05/2024 | Date of stock transaction (disposal of shares for tax withholding) |
| 05/07/2024 | Date of signature on the Form 4 filing |
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