Rowe Zane 4

What Happened Zane Rowe, Chief Financial Officer of Workday (WDAY), was granted/acquired 5,968 performance stock units (PSUs) on February 26, 2026 at a $0.00 price. The Compensation Committee certified that performance criteria for the Feb 1, 2025–Jan 31, 2026 period were satisfied, converting the contingent award into PSUs. These PSUs will vest in full on April 5, 2028, subject to Rowe’s continued service; the award was originally granted under the 2022 Equity Incentive Plan on April 21, 2025.

Key Details

• Transaction date: 2026-02-26; Transaction type/code: Award/Acquisition (A); Price: $0.00; Units: 5,968 PSUs.
• Filing date (Form 4): 2026-03-02 — filed within normal Form 4 timing (timely).
• Holdings reported: includes 98,071 restricted stock units (RSUs) and 5,968 PSUs, each convertible to one share upon settlement.
• Vesting/settlement: PSUs vest in full on April 5, 2028, contingent on continuous service.
• Footnotes: Certification by the Compensation Committee triggered the PSU award settlement; award governed by Workday’s 2022 Equity Incentive Plan and the April 21, 2025 PSU agreement.

Context PSUs are performance-contingent equity awards that convert to shares only if performance and service conditions are met and then typically settle as shares (or equivalent). This transaction is an executive compensation award rather than an open-market purchase or sale and therefore does not reflect an immediate cash investment or disposal by the insider.