BHUSRI ANEEL 4
Research Summary
AI-generated summary
Workday (WDAY) CEO Aneel Bhusri Sells 16,470 Shares
What Happened Aneel Bhusri, CEO and Director of Workday (WDAY), had 16,470 shares withheld on April 5, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $132.26 each, for a total of approximately $2,178,322. This was a share-withholding to cover taxes (routine disposition), not an open-market sale driven by a trading decision.
Key Details
- Transaction date: 2026-04-05; Filing date: 2026-04-07.
- Shares withheld/disposed: 16,470 at $132.26 per share; total value ≈ $2,178,322.
- Shares/awards reported: filing references 552,400 RSUs and 9,182 PSUs (per F2) and additional performance-based units (PVUs) described in F3. These awards convert to Class A shares upon vesting/settlement.
- Footnote F1 clarifies the transaction was shares withheld by the company to satisfy tax withholding on RSU vesting. Footnotes F3–F5 explain performance vesting structure and Class B→A share conversion mechanics.
- Transaction code: F (tax withholding/tender in connection with vesting) — a routine, non-informational disposition.
Context Share withholding to cover taxes is a common administrative step when RSUs vest; it is treated as a disposition on Form 4 but does not necessarily reflect the insider’s view on the stock. For retail investors, purchases or open-market sales by insiders are typically more informative than tax-related withholdings.