Workday, Inc.·4

Apr 7, 6:45 PM ET

Garfield Mark S. 4

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Workday (WDAY) CAO Mark Garfield Withholds 2,284 Shares for Taxes

What Happened
Mark S. Garfield, Chief Accounting Officer of Workday (WDAY), had 2,284 shares withheld by the company to satisfy tax withholding obligations related to RSU vesting. The withheld shares were valued at $132.26 each, for a total withholding value of approximately $302,082. This action is a disposition for tax purposes (not an open-market sale).

Key Details

  • Transaction date: 2026-04-05; filing date: 2026-04-07 (timely filing).
  • Transaction type/code: F (shares withheld to satisfy tax liability).
  • Shares withheld/disposed: 2,284 at $132.26 per share; total value ≈ $302,082.
  • Shares owned after transaction: Not disclosed in the provided filing summary.
  • Relevant footnotes:
    • F1: Shares withheld by the issuer to satisfy tax withholding obligation on RSU vesting.
    • F2: Reporting person has 25,474 RSUs that will convert to one share each upon settlement, subject to continued service.

Context
This was a routine tax-withholding disposition tied to restricted stock unit vesting, not an indication of an open-market sale by the insider. Such withholdings are common and reflect tax obligations rather than a change in the insider's view on the company.