WDAY.NASDAQWorkday, INC

Form 4: Workday Executive Chair Aneel Bhusri Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Aneel Bhusri, Executive Chair of Workday, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On April 5, 2024, Aneel Bhusri, the Executive Chair of Workday, Inc., had 22,876 Class A Common Stock shares withheld by the issuer to cover tax obligations related to the vesting of restricted stock units (RSUs).
  • Following this transaction, Bhusri beneficially owns 523,794 shares of Class A Common Stock.
  • This total includes 162,075 RSUs, each entitling Bhusri to one share of Class A Common Stock upon settlement, contingent on continued service with Workday.
  • Bhusri also indirectly owns 5,000 shares of Class A Common Stock through a minor child and directly owns 8,126,443 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding executive stock ownership and compensation.

Key Dates

DateDescription
04/05/2024Date of the stock transaction (share withholding for tax obligations).
04/09/2024Date of signature by attorney-in-fact for the reporting person.
October 11, 2032One of the dates upon which all shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock.

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