Rowe Zane 4

What Happened

• Rowe Zane, Chief Financial Officer of Workday (WDAY), received a grant of 67,944 restricted stock units (RSUs) on March 5, 2026. The Form 4 reports the acquisition at $0.00 (an award/grant), i.e., no cash exchanged on the grant itself.
• The filing also notes the Reporting Person’s total equity awards/entitlements include 166,015 RSUs and 5,968 performance stock units (PSUs) — 171,983 units in total — of which the 67,944 RSUs carry a March 5, 2026 grant date.

Key Details

• Transaction date and type: March 5, 2026 — Award/Grant (Form 4 filed March 9, 2026).
• Amount and price: 67,944 RSUs acquired at $0.00 on the Form 4 (award); Form 4 does not state a cash value of the grant.
• Reported entitlements after grant: 166,015 RSUs and 5,968 PSUs (171,983 total underlying shares reported), which include the 67,944 RSUs granted 3/5/2026.
• Vesting/conditions (footnote): The 67,944 RSUs vest 1/12 of the underlying shares on June 5, 2026 and then quarterly thereafter; all grants are subject to continued service on vesting dates.
• No indication on the Form 4 of a 10b5-1 plan, tax-withholding sale, or late filing.

Context

• This is a compensation award (not an open‑market purchase or sale). Grants like RSUs are common for executives and typically vest over time; they represent future entitlement to shares if service/vesting conditions are met.
• Awards are routine and reflect compensation/retention, so they do not directly signal a buy/sell market view by the insider.