Hawkins Mark J 4
Research Summary
AI-generated summary
Workday (WDAY) Director Mark J. Hawkins Receives RSU Award
What Happened
- Mark J. Hawkins, a director of Workday, received an award of 2,366 restricted stock units (RSUs) on 2026-06-16. The grant price is reported as $0.00 (no cash paid at grant). The RSUs will convert into shares of Class A common stock upon settlement according to the vesting schedule.
Key Details
- Transaction date: 2026-06-16 (Form 4 filed 2026-06-18; timely within the two-business-day filing window).
- Grant: 2,366 RSUs, $0.00 per unit (code A = award/grant).
- Shares/units held after transaction: reporting person holds 3,119 RSUs in total (each entitles the holder to one share upon settlement), which includes the 2,366-RSU grant.
- Vesting: the 2,366 RSUs from the 6/16/2026 grant vest 100% on 2027-05-05 and are subject to continued service.
- No sale or purchase of shares occurred; this is a compensation/award grant to a director.
Context
- RSUs are a form of equity compensation that convert to shares when vested; they do not involve an immediate cash outlay by the executive. Director grants are common as part of compensation programs and do not, by themselves, indicate a buy or sell decision by the insider.