Kazmaier Gerrit S 4

What Happened
Gerrit Kazmaier, President, Product and Technology at Workday (WDAY), was granted 81,533 restricted stock units (RSUs) on March 5, 2026. The RSUs were awarded at $0.00 (no cash purchase) and are part of a larger holding that includes 186,700 RSUs the reporting person may receive upon settlement. These RSUs will vest over time rather than being immediately owned shares.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
• Grant: 81,533 RSUs acquired (code A) at $0.00 per share (award/grant).
• Reported holdings: Includes a total of 186,700 RSUs that convert to one share each upon settlement.
• Vesting: The 81,533-portion vests 1/12 on June 5, 2026, then quarterly thereafter. All grants are subject to continued service on applicable vesting dates.
• No indication of a 10b5-1 plan, option exercise, gift, or tax withholding in this filing.

Context
RSU grants are compensation, not open‑market purchases or sales; they carry no immediate cash proceeds and do not represent liquid ownership until vesting and settlement occur. Such awards are common for executives and reflect compensation decisions rather than direct market sentiment.