Form 4: Workday Executive Gerrit S Kazmaier Reports Stock Awards
SEC Form 4
Gerrit S Kazmaier, President of Product and Technology at Workday, Inc., reported the acquisition of Class A Common Stock and Restricted Stock Units (RSUs) on April 5, 2025.
Summary
- Gerrit S Kazmaier, a key executive at Workday, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the acquisition of 74,235 shares of Class A Common Stock and 49,490 Restricted Stock Units (RSUs) on April 5, 2025.
- These RSUs vest over four years, subject to continued service with Workday.
- Following these transactions, Kazmaier beneficially owns 74,235 shares of Class A Common Stock and 123,725 RSUs.
- The filing was signed by Richard H. Sauer, attorney-in-fact, on April 8, 2025.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing stock and RSU awards to an executive. It doesn't inherently convey strong positive or negative sentiment, but reflects ongoing compensation practices.
Positives
- The acquisition of stock and RSUs by a key executive could be interpreted as a positive sign of confidence in the company's future performance.
Future Outlook
The vesting schedule of the RSUs indicates a long-term commitment by the executive to the company.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.
Stakeholder Impact
- The vesting of RSUs aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 04/05/2025 | Date of earliest transaction: Acquisition of Class A Common Stock and RSUs. |
| 04/05/2025 | Grant date of 74,235 RSUs, vesting quarterly over four years. |
| 04/05/2025 | Grant date of 49,490 RSUs, vesting quarterly over four years. |
| 07/05/2025 | First vesting date for 1/8 of the 49,490 RSUs granted on April 5, 2025. |
| 04/08/2025 | Date of filing, signed by Richard H. Sauer, attorney-in-fact. |
Keywords
Form 4, Workday, Kazmaier, RSUs, Stock, Beneficial Ownership, Securities
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