Form 4: Workday Director Jerry Yang Reports Acquisition of Class A Common Stock

Director Jerry Yang reports acquiring 1,780 shares of Workday Class A Common Stock on June 18, 2024.

Summary

• On June 18, 2024, Jerry Yang, a director of Workday, Inc., acquired 1,780 shares of Class A Common Stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Yang beneficially owns 96,194 shares of Class A Common Stock.
• This includes 1,780 restricted stock units (RSUs) that will vest on May 5, 2025, entitling Yang to one share of Class A Common Stock per RSU upon settlement.
• It also includes 2,500 shares held by the Jerry Yang Revocable Trust, for which Yang is the trustee and sole beneficiary.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, neither overtly positive nor negative.

Positives

• A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates