Form 4: Workday Director Gifts Shares to Family Entity

Workday Director George J. Still Jr. reported a gift of 14,784 Class A Common Stock shares to Still Family Partners, LLC.

Summary

• Director George J. Still Jr. disposed of 14,784 shares of Workday Class A Common Stock on October 9, 2025.
• The transaction was a gift (transaction code 'G') with a price of $0 per share, transferred indirectly to Still Family Partners, LLC.
• Following this transaction, Mr. Still directly holds 45,777 shares, which include 1,530 restricted stock units (RSUs) subject to continued service and vesting.
• An additional 67,500 shares are held indirectly by the Still Family Trust.
• 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: Neutral, as the filing reports a routine insider transaction (a gift of shares) which does not inherently indicate positive or negative sentiment about the company's performance or outlook.

Industry Context

This filing reports a routine insider transaction for a director of Workday, Inc., and does not provide information directly related to broader industry trends or competitive landscape.

Related Party Transactions

• Gift of 14,784 Class A Common Stock shares to Still Family Partners, LLC, an entity managed by Mr. Still.
• 67,500 shares held indirectly by the Still Family Trust, for which Mr. Still is a trustee.
• Mr. Still disclaims beneficial ownership of these shares except for his pecuniary interest.

Stakeholder Impact

• Shareholders: A director gifted a portion of their indirect holdings, which is a routine insider transaction and does not reflect a sale or change in company fundamentals.

Key Dates

Recommendation

The filing reports a routine insider transaction involving a gift of shares by a director. This type of transaction does not typically reflect on the company's operational performance or future prospects, and therefore does not warrant a change in investment recommendation based solely on this report.

Keywords

Workday, WDAY, Form 4, insider transaction, share gift, director, George J. Still Jr., stock ownership