Form 4: Workday Co-President Douglas A. Robinson Reports Stock Transaction
SEC Form 4 Filing
Workday's Co-President, Douglas A. Robinson, reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On October 5, 2024, Douglas A. Robinson, Co-President of Workday, Inc., had 4,199 shares of Class A Common Stock withheld by the issuer to cover tax obligations related to the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $242.35.
- Following the transaction, Robinson beneficially owns 191,743 shares, which includes 124,888 RSUs, each convertible to one share of Class A Common Stock upon settlement, contingent on continued service with Workday.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving RSUs and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 10/05/2024 | Date of stock transaction (shares withheld for tax obligations). |
| 10/08/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.