WDAY.NASDAQWorkday, INC

Form 4: Workday's Chief Legal Officer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Richard Harry Sauer, Chief Legal Officer & Secretary of Workday, Inc., reports the disposition of shares to cover tax obligations related to vesting restricted stock units.

Summary

  • Richard Harry Sauer, Chief Legal Officer & Secretary of Workday, Inc., filed a Form 4 on April 8, 2025, reporting changes in beneficial ownership of Workday, Inc. [WDAY] stock.
  • On April 5, 2025, Sauer disposed of 7,025 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, Sauer beneficially owns 72,551 shares, including 54,677 restricted stock units (RSUs), each entitling him to one share of Class A Common Stock upon settlement, contingent upon continued service with Workday.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant change in the executive's confidence in the company.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale of shares for tax purposes.

Key Dates

DateDescription
04/05/2025Date of stock transaction (disposal of shares).
04/08/2025Date of Form 4 filing.

Keywords

Form 4, Workday, WDAY, Richard Harry Sauer, Chief Legal Officer, Stock Transaction, Beneficial Ownership, Restricted Stock Units, RSUs, Tax Withholding

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