Form 4: Workday CEO Carl Eschenbach Reports Stock Transactions
SEC Form 4 Filing
Workday CEO Carl Eschenbach reports the disposal of shares to cover tax obligations related to vesting restricted stock units and performance restricted stock units.
Summary
- On March 5, 2025, Carl M. Eschenbach, CEO of Workday, Inc., reported a transaction involving Class A Common Stock.
- 11,084 shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs) and performance restricted stock units (PRSUs) at a price of $253.63 per share.
- Following the transaction, Eschenbach directly owns 627,104 shares of Class A Common Stock, which includes 226,338 RSUs and 212,552 PRSUs.
- Eschenbach also indirectly owns 13,972 shares through the Eschenbach Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, and does not inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the CEO is managing his equity compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 4/15/2014 | Date of Eschenbach Family Trust |
| 03/05/2025 | Date of stock transaction |
| 03/07/2025 | Date of signature |
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