Form 4: Workday Director Christa Davies Reports Acquisition of Restricted Stock Units

Director Christa Davies reports acquisition of 1,611 restricted stock units (RSUs) in Workday, Inc.

Summary

• Christa Davies, a director of Workday, Inc., filed a Form 4 on June 21, 2024, reporting a transaction that occurred on June 18, 2024.
• The transaction involved the acquisition of 1,611 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• These RSUs were granted on June 18, 2024, and will vest 100% on May 5, 2025, contingent upon continued service with Workday.
• Following the reported transaction, Davies beneficially owns 136,465 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard reporting of insider transactions. The acquisition of RSUs can be seen as a positive sign, but it's a routine event.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continued service with Workday.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates