Garfield Mark S. 4

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.