YANG JERRY 4

What Happened Jerry Yang, a director of Workday, received an award of 3,116 restricted stock units (RSUs) on 2026-06-16 (transaction code A). The grant was recorded at $126.77 per share, with an aggregate value of $395,015. These RSUs are a compensatory grant (not an open-market purchase or sale).

Key Details

• Transaction date and grant price: 2026-06-16 at $126.77 per share; total value $395,015.
• Vesting: The 3,116 RSUs vest 100% on 2027-05-05 and are subject to continued service. (F1)
• Shares owned after the transaction: 3,116 RSUs plus 2,500 shares held in the Jerry Yang Revocable Trust (total potential interest = 5,616), noting the RSUs are unvested until settlement. (F2)
• Ownership note: The 2,500 trust shares are held by a revocable trust of which Yang is trustee and sole beneficiary. (F2)
• Filing: Form 4 filed 2026-06-18 covering the 2026-06-16 transaction; appears to be filed within the standard two-business-day window (timely).

Context This is a standard equity compensation grant to a director — such awards are routine and reflect compensation practices rather than an open-market buy or sell. RSUs convert to actual shares upon vesting (here, 2027-05-05) if the reporting person remains in service; they do not indicate an immediate purchase or sale.