Enslin Robert 4
4 · Workday, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Workday (WDAY) President & CCO Robert Enslin Sells Shares
What Happened
Robert Enslin, President and Chief Commercial Officer of Workday (WDAY), disposed of a total of 11,008 shares on July 5, 2026, with an aggregate value of about $1.49 million. The activity included 5,634 shares withheld by the issuer to satisfy tax withholding related to RSU vesting (worth $762,844) and 5,374 shares sold in multiple open-market transactions (proceeds approx. $724,970) at weighted-average prices ranging roughly from $129.49 to $138.00.
Key Details
- Transaction date: 2026-07-05; Form filed: 2026-07-07 (appears timely).
- Breakdown:
- 5,634 shares withheld for tax withholding on RSU vesting @ $135.40 = $762,844 (coded F: tax withholding).
- Open-market sales totaling 5,374 shares across multiple blocks/prices — weighted-average prices reported and several price ranges disclosed (sales at ~$129.49, $130.86, $132.53, $133.42, $134.56, $136.07, $137.21, $138.00) totaling ~$724,970.
- Reported holdings: the filing notes the Reporting Person has 232,727 RSUs (each converts to one share on settlement) that remain subject to vesting; the filing excerpt does not state total shares owned after these transactions.
- Plan/authority: Open-market sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Enslin on Sept 26, 2025 (footnote F3).
- Footnotes: Several sales are reported as weighted-average prices with disclosed price ranges (F4–F11); F1 clarifies the withheld shares were for tax obligations tied to RSU vesting.
Context
- The 5,634-share transaction was a tax-withholding on vested RSUs (not a cash purchase or separate option exercise). That is effectively a cashless settlement of taxes rather than an active "sell to raise cash" decision by the insider.
- The remaining sales were executed under a pre-established 10b5-1 plan, which is a common mechanism insiders use to sell shares according to a preset schedule or parameters; such sales are typically considered routine and planned.
- These are disposals (sales/withholding), which are routine insider activity; they do not alone indicate the insider’s view of the company’s long-term prospects.
Insider Transaction Report
Form 4
Workday, Inc.WDAY
Enslin Robert
President, CCO
Transactions
- Tax Payment
Class A Common Stock
[F1][F2]2026-07-05$135.40/sh−5,634$762,844→ 244,843 total - Sale
Class A Common Stock
[F3][F4][F2]2026-07-05$129.49/sh−73$9,453→ 244,770 total - Sale
Class A Common Stock
[F3][F5][F2]2026-07-05$130.86/sh−869$113,717→ 243,901 total - Sale
Class A Common Stock
[F3][F6][F2]2026-07-05$132.53/sh−731$96,879→ 243,170 total - Sale
Class A Common Stock
[F3][F7][F2]2026-07-05$133.42/sh−282$37,624→ 242,888 total - Sale
Class A Common Stock
[F3][F8][F2]2026-07-05$134.56/sh−593$79,794→ 242,295 total - Sale
Class A Common Stock
[F3][F9][F2]2026-07-05$136.07/sh−460$62,592→ 241,835 total - Sale
Class A Common Stock
[F3][F10][F2]2026-07-05$137.21/sh−2,021$277,301→ 239,814 total - Sale
Class A Common Stock
[F3][F11][F2]2026-07-05$138.00/sh−345$47,610→ 239,469 total
Footnotes (11)
- [F1]Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of restricted stock units (RSUs).
- [F10]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $136.91 to $137.9099, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F11]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $137.96 to $138.9599, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F2]Includes 232,727 RSUs, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
- [F3]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated September 26, 2025.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $129.465 to $130.4649, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F5]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $130.49 to $131.4899, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F6]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $131.96 to $132.9599, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F7]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $133.00 to $133.9999, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F8]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $134.20 to $135.1999, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- [F9]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $135.65 to $136.6499, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
Signature
/s/ Juliana Capata, attorney-in-fact|2026-07-07