Workday (WDAY) Director George J. Still Jr Receives RSU Award

What Happened

• George J. Still Jr, a director of Workday, received a grant of 3,116 restricted stock units (RSUs) on 2026-06-16. The Form 4 reports the acquisition price as $0 (typical for RSU grants); the award will convert to one share of Class A common stock per RSU upon settlement and vests 100% on 2027-05-05. This is an award/compensation grant (A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (filed within the standard 2-business-day window).
• Number of RSUs granted: 3,116; reported acquisition price: $0 per share on Form 4.
• Vesting: 100% vesting on 2027-05-05, contingent on continued service.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 clarifies these are RSUs from a 6/16/2026 grant that convert 1:1 to shares on settlement and vest 5/5/2027. F2 notes holdings by the Still Family Trust; Mr. Still is a trustee and disclaims beneficial ownership of trust-held shares except to the extent of pecuniary interest.

Context

• RSU grants are a form of compensation and do not itself indicate a buy or sell market signal; value realized will depend on Workday's share price at settlement/vesting. The Form 4 reports $0 as the grant price (common for RSU awards); the economic value is typically disclosed elsewhere (e.g., proxy or 8-K).