Form 4: Workday Executive Chair Aneel Bhusri Reports Stock Transactions
SEC Form 4 Filing
Aneel Bhusri, Executive Chair of Workday, Inc., reports acquisition of Class A Common Stock and holdings of derivative securities.
Summary
- Aneel Bhusri, the Executive Chair of Workday, Inc., filed a Form 4 with the SEC.
- The report details changes in beneficial ownership of Workday securities.
- On April 21, 2025, Bhusri acquired 64,408 shares of Class A Common Stock.
- Following the transaction, Bhusri beneficially owns 603,561 shares of Class A Common Stock.
- Bhusri also holds derivative securities, including Class B Common Stock convertible into Class A Common Stock.
- The report includes information about restricted stock units (RSUs) that will vest over time, subject to continued service.
- Shares of Class A and Class B Common Stock will convert automatically into a single class of Common Stock under certain conditions.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider, with no inherent positive or negative sentiment.
Future Outlook
The document does not contain explicit forward-looking statements, but it outlines the vesting schedule for RSUs and the conditions for the conversion of Class A and Class B Common Stock.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the Executive Chair's ongoing investment in Workday.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the Executive Chair's stock transactions.
- The vesting of RSUs incentivizes the Executive Chair to remain with the company.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of transaction: Acquisition of Class A Common Stock |
| 04/23/2025 | Date of signature for the Form 4 filing |
| 04/05/2026 | First vesting date for 25% of the 64,408 RSUs granted on April 21, 2025 |
| 10/11/2032 | Potential date for automatic conversion of Class A and Class B Common Stock into a single class of Common Stock |
Keywords
Form 4, Beneficial Ownership, Workday, WDAY, Securities, Stock, Aneel Bhusri, Executive Chair
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