Kazmaier Gerrit S 4

What Happened

• Gerrit S. Kazmaier, President, Products & Technology at Workday (WDAY), had 3,369 shares withheld by the company to satisfy tax withholding in connection with vested restricted stock units (RSUs). The shares were valued at $147.91 each, totaling approximately $498,309. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-06-05; Filing date (Form 4): 2026-06-09 (filed timely).
• Transaction type/code: F — shares withheld to satisfy tax withholding on RSU vesting.
• Shares involved: 3,369 shares withheld; price per share: $147.91; total value: ~$498,309.
• Holdings disclosed: footnote indicates 271,549 RSUs (each convertible to one share on settlement). The provided excerpt does not state total beneficial ownership of freely tradable shares after the withholding.
• No 10b5-1 plan or other trading plan is noted in the provided information.

Context

• This is a routine issuer tax-withholding action tied to RSU vesting (common practice). It is not an open-market sale that necessarily signals insider sentiment.
• For clarity: code F transactions represent shares retained by the company to cover tax obligations when equity awards vest; they reduce the number of shares issued on settlement but do not represent a separate investment decision.