Form 4: Workday Director George J. Still Jr. Reports Changes in Beneficial Ownership

Director George J. Still Jr. reports a disposition of 6,000 shares of Workday, Inc. Class A Common Stock and updates to his beneficial ownership, including holdings through Still Family Partners, LLC and the Still Family Trust.

Summary

• On March 3, 2025, George J. Still Jr., a director of Workday, Inc., reported changes in his beneficial ownership of the company's Class A Common Stock.
• He disposed of 6,000 shares at $0, likely a transfer or gift.
• Following the transaction, Still directly owns 44,247 shares, indirectly owns 114,784 shares through Still Family Partners, LLC, and 82,500 shares through the Still Family Trust.
• The report also mentions 2,118 restricted stock units (RSUs) that entitle Still to one share of Class A Common Stock each upon settlement, contingent on continued service with Workday.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions. It's typical for directors and officers to have holdings in the companies they serve, and changes in these holdings are closely watched by investors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The level of detail provided is consistent with SEC requirements.
• Similar filings can be observed for directors and officers at comparable companies like Salesforce (CRM) and Oracle (ORCL).

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings.
• It can influence investor perception, although this specific transaction appears to be a transfer rather than a market sale.

Key Dates