Eschenbach Carl M. 4

What Happened
Carl M. Eschenbach, CEO and Director of Workday (WDAY), had 1,674 shares withheld by the company to satisfy tax withholding obligations related to the vesting of performance restricted stock units (PRSUs). The withholding was recorded on Feb 5, 2026, at a price of $170.15 per share, for a gross value of approximately $284,831. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-05 at $170.15 per share.
• Shares withheld/disposed: 1,674 shares; total value ≈ $284,831.
• Transaction code: F — shares were withheld by the issuer to satisfy tax withholding on PRSU vesting (footnote F1).
• Reported equity grants: filing notes 225,115 RSUs and 175,438 PRSUs that may convert to shares upon settlement and continued service (footnote F2).
• Trust disclosure: a trust in the name of the reporting person and spouse is referenced (footnote F3).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Reported on 2026-02-09 for a 2026-02-05 transaction — filed within the SEC’s two-business-day window (timely).

Context
This was a routine tax-withholding action tied to the vesting of equity awards (PRSUs), not an active sale by the insider on the open market. Such withholdings are common when restricted awards vest and do not by themselves indicate bullish or bearish sentiment.