Form 4: Workday's Chief Accounting Officer Reports Stock Transaction

Mark S. Garfield, Workday's Chief Accounting Officer, reports the disposition of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Mark S. Garfield, Chief Accounting Officer of Workday, Inc., filed a Form 4 on April 8, 2025, reporting a transaction that occurred on April 5, 2025.
• The transaction involved the disposition of 526 shares of Class A Common Stock at a price of $217.14 per share to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
• Following the transaction, Garfield beneficially owns 34,882 shares, which includes 33,418 restricted stock units (RSUs) that vest subject to continued service with Workday.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, so the sentiment is neutral.

Future Outlook

The reported RSUs are subject to vesting, contingent upon the Reporting Person's continued service with the Issuer on the applicable vesting dates.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Workday, Garfield, Stock Transaction, Chief Accounting Officer, WDAY, RSUs, Restricted Stock Units, Beneficial Ownership