WDAY.NASDAQWorkday, INC

Form 4: Workday Executive Chair Aneel Bhusri Reports Stock Transactions

Sentiment:

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

DateDescription
04/21/2025Date of transaction: Acquisition of Class A Common Stock
04/23/2025Date of signature for the Form 4 filing
04/05/2026First vesting date for 25% of the 64,408 RSUs granted on April 21, 2025
10/11/2032Potential 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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