Workday (WDAY) President Robert Enslin Withholds Shares for Taxes

What Happened Robert Enslin, President and Chief Customer Officer of Workday (WDAY), had 2,228 shares withheld to satisfy tax withholding on vested restricted stock units (RSUs). The shares were valued at $195.79 each for a total of $436,220 and were reported on a Form 4 covering the Sept 5, 2026 transaction.

Key Details

• Transaction date and price: 2026-09-05, 2,228 shares withheld at $195.79/share (total ~$436,220).
• Transaction type: Tax withholding in connection with RSU vesting (code F). This is not an open-market sale by the insider.
• Shares owned after transaction: Not specified in the provided filing details; filing notes the Reporting Person has 227,065 RSUs outstanding that convert to one share each upon settlement (see footnote).
• Footnotes: F1 — shares withheld to satisfy tax withholding on RSU vesting; F2 — includes 227,065 RSUs subject to continued service vesting.
• Filing timeliness: Form filed 2026-09-09 for a 2026-09-05 transaction; this appears past the standard 2-business-day Form 4 filing deadline.

Context Withholding shares to cover taxes on vested RSUs is a routine administrative transaction and does not necessarily indicate a manager-initiated sale or change in sentiment. The filing shows withheld shares were used to satisfy tax obligations rather than an active disposal on the open market.