Garfield Mark S. 4

What Happened
Mark S. Garfield, Workday's Chief Accounting Officer, sold 918 shares of Workday Class A common stock in an open‑market transaction on July 10, 2026. The shares were sold at a price of $142.19 per share, resulting in proceeds of approximately $130,530. The sale was executed pursuant to a pre‑existing Rule 10b5‑1 trading plan adopted October 14, 2025.

Key Details

• Transaction date: July 10, 2026; sale price: $142.19 per share; shares sold: 918; proceeds ≈ $130,530.
• Report filed on Form 4 on July 14, 2026.
• Footnote: Sale was effected under a Rule 10b5‑1 trading plan (adopted Oct 14, 2025).
• Holdings note: the filing discloses 64,994 restricted stock units (RSUs) that can convert to one share each upon settlement and are subject to continued service/vesting.

Context
Sales under a 10b5‑1 plan are typically pre‑arranged and scheduled trades and do not necessarily indicate a change in the insider's view of the company. For retail investors, purchases tend to be more informative about insider confidence; routine sales like this are often part of planned diversification or liquidity needs. The RSUs noted in the filing represent potential future shares upon vesting rather than currently vested shares.