Form 4: Workday Executive Gerrit Kazmaier Reports Stock Transaction

Workday President of Product and Technology Gerrit Kazmaier disposed of 3,369 shares to satisfy tax obligations related to RSU vesting.

Summary

• Gerrit S. Kazmaier, President of Product and Technology at Workday, Inc., executed a transaction on June 5, 2026.
• The transaction involved the withholding of 3,369 shares of Class A Common Stock by the issuer.
• The shares were withheld at a price of $147.91 per share.
• The purpose of the transaction was to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• Following this transaction, the reporting person maintains beneficial ownership of 278,092 shares, which includes 271,549 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a change in executive sentiment or company strategy.

Positives

• The transaction is a routine administrative action related to tax obligations rather than a discretionary open-market sale.
• The reporting person retains a significant equity stake of 278,092 shares in the company.

Negatives

• The transaction results in a reduction of the reporting person's direct share count.

Risks

• Continued service requirements for the vesting of the remaining 271,549 RSUs.

Future Outlook

No specific forward-looking guidance provided; the filing is a standard disclosure of equity compensation activity.

Industry Context

StockSavvy.ai notes that this is a standard regulatory disclosure for executive equity compensation within the enterprise software sector, reflecting typical tax-withholding practices for RSU vesting.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for equity-based compensation at large-cap technology firms like Salesforce, Oracle, and SAP.
• Tax withholding via share cancellation is the industry-standard method for settling RSU tax liabilities.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-settlement mechanism.

Next Steps

• Future vesting of remaining RSUs subject to continued service requirements.

Key Dates

Keywords

Workday, WDAY, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units