Form 4: Workday Director George J. Still Jr. Gifts 60,000 Shares of Class A Common Stock

Workday, Inc. Director George J. Still Jr. reported gifting 60,000 shares of Class A Common Stock on June 24, 2025, as detailed in a recent SEC Form 4 filing.

Summary

• George J. Still Jr., a Director at Workday, Inc. (WDAY), reported a disposition of 60,000 shares of Class A Common Stock.
• The transaction occurred on June 24, 2025, and was categorized as a gift (Transaction Code 'G') with a price of $0 per share.
• Following this transaction, Mr. Still's beneficial ownership includes 45,777 shares held directly, 14,784 shares held indirectly by Still Family Partners, LLC, and 67,500 shares held indirectly by the Still Family Trust.
• The direct holdings include 1,530 restricted stock units (RSUs) which entitle Mr. Still to receive one share of Class A Common Stock upon settlement, subject to continued service.
• Mr. Still disclaims beneficial ownership of shares held by Still Family Partners, LLC and the Still Family Trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports a gift of shares by a director, which is a personal financial planning event and does not inherently reflect positively or negatively on the company's operational performance or future prospects.

Related Party Transactions

• Shares are held indirectly by Still Family Partners, LLC and the Still Family Trust, entities where Mr. Still has influence, which are common related party structures for insider holdings.

Stakeholder Impact

• Shareholders: Minor impact, as it's a relatively small disposition by gift from one director, not indicative of a change in company fundamentals.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific transaction.

Key Dates

Keywords

Workday, WDAY, SEC Form 4, Insider Transaction, Stock Gift, Director, Beneficial Ownership, Class A Common Stock, George J. Still Jr.