Garfield Mark S. 4

What Happened

• Mark S. Garfield, Chief Accounting Officer of Workday, sold 1,585 shares of Workday common stock on April 10, 2026 in an open-market transaction at $113.05 per share, for a total of approximately $179,184. This was a sale (not a purchase), which is often routine insider selling.

Key Details

• Transaction date and price: April 10, 2026 — 1,585 shares sold at $113.05/share.
• Total value: ~$179,184 (reported).
• Plan disclosure: The sale was made pursuant to a pre-existing Rule 10b5-1 trading plan adopted by Mr. Garfield on October 14, 2025 (Footnote F1).
• Holdings note: The filing discloses 25,474 restricted stock units (RSUs) that convert to shares upon vesting and are subject to continued service (Footnote F2). The Form 4 summary provided here did not list total shares owned after the sale.
• Timeliness: The Form 4 was filed on April 14, 2026 and appears to have been submitted within the standard two-business-day reporting window.

Context

• A 10b5-1 plan indicates the sale was pre-arranged and executed under an automated trading schedule, which can be viewed as routine rather than a real-time signal of the insider’s view. Sales generally convey less informational weight than purchases; this single transaction should be considered alongside broader insider activity and company fundamentals.