Workday, Inc.·4

May 7, 5:49 PM ET

Garfield Mark S. 4

4 · Workday, Inc. · Filed May 7, 2026

Research Summary

AI-generated summary of this filing

Updated

Workday (WDAY) Chief Accounting Officer Mark Garfield Receives RSU Awards

What Happened
Mark S. Garfield, Workday’s Chief Accounting Officer, was granted two restricted stock unit (RSU) awards on May 5, 2026 — 23,277 RSUs in each grant, totaling 46,554 RSUs. Each award was issued at $0 (no cash paid). The RSUs are compensation awards and will convert to shares only as they vest.

Key Details

  • Transaction date: May 5, 2026; Form 4 filed May 7, 2026.
  • Grants: two awards of 23,277 RSUs each (total 46,554 RSUs); price reported $0.00.
  • Reported holdings after the grants (per footnotes): includes 48,751 RSUs (F1) and 72,028 RSUs (F2), each footnote noting 23,277 RSUs from the May 5, 2026 grant.
  • Vesting: one grant vests 1/16 of underlying shares on July 5, 2026 and then quarterly thereafter (F1); the other vests 1/12 on July 5, 2026 and then quarterly thereafter (F2). All grants require continued service to vest.
  • Filing timeliness: Report covers May 5 transaction and was filed May 7 — appears timely.

Context
RSU grants are compensation, not open-market purchases or sales; they reflect company pay practices and will only translate into tradable shares as they vest and settle. Because these are awards (not sales), they don't signal an immediate buy or sell action by the insider.

Insider Transaction Report

Form 4
Period: 2026-05-05
Garfield Mark S.
Chief Accounting Officer
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-05-05+23,27754,744 total
  • Award

    Class A Common Stock

    [F2]
    2026-05-05+23,27778,021 total
Footnotes (2)
  • [F1]Includes 48,751 restricted stock units (RSUs), each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, including 23,277 RSUs with a grant date of May 5, 2026, which will vest as to 1/16 of the underlying shares on July 5, 2026, and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
  • [F2]Includes 72,028 RSUs, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, including 23,277 RSUs with a grant date of May 5, 2026, which will vest as to 1/12 of the underlying shares on July 5, 2026, and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
Signature
/s/ Juliana Capata, attorney-in-fact|2026-05-07

Documents

1 file
  • 4
    wk-form4_1778190548.xmlPrimary

    FORM 4