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 performance restricted stock units.
Summary
- On May 5, 2025, Carl M. Eschenbach, CEO of Workday, Inc., reported a transaction involving Class A Common Stock.
- Eschenbach disposed of 1,674 shares to satisfy tax withholding obligations related to the vesting of performance restricted stock units (PRSUs) at a price of $248.68 per share.
- Following the transaction, Eschenbach directly owns 708,780 shares of Class A Common Stock, which includes 299,578 restricted stock units (RSUs) and 205,804 PRSUs.
- Eschenbach also indirectly owns 10,847 shares through the Eschenbach Family Trust.
Sentiment
Score: 5
Explanation: This is a neutral reporting of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CEO of Workday, when they conduct transactions in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2014 | Date of Eschenbach Family Trust |
| 05/05/2025 | Date of transaction: disposal of shares for tax obligations |
| 05/07/2025 | Date of signature on the report |
Keywords
Workday, Carl Eschenbach, Class A Common Stock, Form 4, SEC, Insider Trading, Beneficial Ownership, RSU, PRSU, Tax Withholding
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