Frederick Wayne A.I. 4
Research Summary
AI-generated summary
Workday (WDAY) Director Frederick Wayne A.I. Receives RSU Award
What Happened
- Frederick Wayne A.I., a director of Workday, received an award of 2,366 shares recorded as a grant/acquisition on 6/16/2026. The transaction is reported at $0.00 per share (typical for restricted stock units), so no cash was exchanged and the reported value is $0.
Key Details
- Transaction date and type: 6/16/2026 — Grant/Award (code A).
- Reported price: $0.00 per share; reported acquisition = 2,366 RSUs.
- Footnote: filing also states the Reporting Person "includes 2,694 restricted stock units (RSUs) ... including 2,336 RSUs from an original grant with a grant date of 6/16/2026 which will vest 100% on 5/5/2027." All grants are subject to continued service for vesting.
- Timeliness: Form filed 6/18/2026 for a 6/16/2026 transaction — appears to be filed within the normal Form 4 reporting window.
Context
- RSUs are awards that convert to shares upon vesting; they require no cash payment at grant and are commonly used for director compensation. This grant is a compensatory award and not a market purchase or sale, so it should be viewed as routine compensation rather than a direct signal of insider buying or selling.