BHUSRI ANEEL 4
Research Summary
AI-generated summary
Workday (WDAY) CEO Aneel Bhusri Withholds 8,501 Shares for Taxes
What Happened
Aneel Bhusri, CEO and Director of Workday (WDAY), had 8,501 shares withheld by the company on 07/05/2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding occurred at a price of $135.40 per share, representing a notional value of about $1,151,035. This was a tax-withholding disposal (transaction code F), a routine administrative action tied to equity vesting rather than an open‑market sale.
Key Details
- Transaction date and price: 2026-07-05 at $135.40 per share.
- Shares withheld (disposed): 8,501 shares; total value ≈ $1,151,035.
- Transaction code: F — shares withheld by issuer to satisfy tax withholding on RSU vesting.
- Holdings/awards noted in footnotes: filing references outstanding awards including 535,258 RSUs and 9,182 performance stock units (PSUs/PVUs) with multi‑year vesting and performance conditions (see footnotes F2–F3).
- Filing timeliness: Reported on 2026-07-07 for a 2026-07-05 transaction — appears filed within the normal Section 16 reporting window.
Context
Tax-withholding dispositions are common when RSUs vest; shares are retained by the company to cover required taxes and do not necessarily indicate a change in the insider’s investment view. Footnotes describe that some awards are performance‑based with multi-year vesting schedules and explain conversion rights between Class A and Class B shares (F3–F5), which are structural details of Workday’s equity.