Form 4: Workday CFO Zane Rowe Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Zane Rowe, CFO of Workday, Inc., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 5, 2024, Zane Rowe, the Chief Financial Officer of Workday, Inc., disposed of 5,118 shares of Class A Common Stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $269.08 per share.
- Following the transaction, Rowe beneficially owns 150,147 shares, which includes 134,173 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of stock disposal transaction |
| 04/09/2024 | Date of signature for the Form 4 filing |
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