Form 4: Workday Chief Accounting Officer Sells Shares
Insider Transaction Report
Workday's Chief Accounting Officer, Mark S. Garfield, sold 953 shares of Class A Common Stock for $209.56 per share under a pre-arranged trading plan.
Summary
- Mark S. Garfield, Workday's Chief Accounting Officer, sold 953 shares of Class A Common Stock.
- The sale occurred on January 8, 2026, at a price of $209.56 per share.
- This transaction was executed under a Rule 10b5-1 trading plan established on October 14, 2025.
- Following the sale, Mr. Garfield beneficially owns 35,336 shares of Class A Common Stock.
- Beneficial ownership includes 30,927 restricted stock units (RSUs), each entitling the Reporting Person to receive one share of Class A Common Stock upon settlement, subject to continued service and vesting.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged Rule 10b5-1 trading plan, which is a standard disclosure and does not inherently indicate positive or negative sentiment for the company's operational performance or future prospects.
Industry Context
This filing reports a routine insider transaction by a corporate officer, which is a standard disclosure and does not inherently reflect broader industry trends or competitive dynamics.
Related Party Transactions
- Mark S. Garfield, Chief Accounting Officer, sold 953 shares of Class A Common Stock pursuant to a Rule 10b5-1 trading plan.
Stakeholder Impact
- Shareholders: Disclosure of an insider stock sale, which is a routine transparency measure. The sale was conducted under a pre-arranged Rule 10b5-1 plan, indicating personal financial planning rather than a reaction to new company-specific information.
Key Dates
| Date | Description |
|---|---|
| 10/14/2025 | Date Rule 10b5-1 trading plan was adopted by Mark S. Garfield. |
| 01/08/2026 | Date of Class A Common Stock sale by Mark S. Garfield. |
| 01/09/2026 | Signature date of the Form 4 filing. |
Keywords
Workday, WDAY, Insider Trading, Form 4, Stock Sale, Chief Accounting Officer, Mark S. Garfield, Rule 10b5-1
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