Form 4: Workday Executive Gerrit Kazmaier Receives RSU Grant

Workday, Inc. President of Product and Technology Gerrit S. Kazmaier was granted 116,387 restricted stock units on May 5, 2026.

Summary

• Gerrit S. Kazmaier, President of Product and Technology at Workday, Inc., acquired 116,387 restricted stock units (RSUs).
• The transaction occurred on May 5, 2026, at a price of $0 per share as part of an equity compensation grant.
• Following this transaction, the reporting person's total beneficial ownership of Class A Common Stock is 281,461 shares.
• The new RSUs vest at a rate of 1/16th of the underlying shares starting July 5, 2026, with the remainder vesting quarterly thereafter, subject to continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation that does not signal a change in company performance or strategy.

Positives

• The grant aligns the interests of the President of Product and Technology with long-term shareholder value through equity-based compensation.

Negatives

• The issuance of new RSUs results in potential future dilution for existing shareholders.

Risks

• Vesting of the RSUs is contingent upon the reporting person's continued service with the company.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing solely on executive equity compensation.

Industry Context

StockSavvy.ai notes that equity grants to key product and technology executives are standard practice in the SaaS industry to ensure retention of leadership responsible for innovation and product roadmaps.

Comparison to Industry Standards

• The use of RSU grants with multi-year vesting schedules is consistent with compensation structures at major enterprise software firms like Salesforce, Oracle, and SAP.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual settlement and issuance of shares related to these RSUs.

Next Steps

• Vesting of the first tranche of the new RSU grant on July 5, 2026.

Key Dates

Keywords

Workday, WDAY, Form 4, Insider Transaction, Equity Compensation, Restricted Stock Units