Carl M. Eschenbach - 05 Jan 2025 Form 4 Insider Report for Workday, Inc. (WDAY)

Signature
/s/ Juliana Capata, attorney-in-fact
Issuer symbol
WDAY
Transactions as of
05 Jan 2025
Transactions value $
-$1,893,349
Form type
4
Filing time
07 Jan 2025, 21:19:24 UTC
Previous filing
11 Dec 2024
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Tax liability -$307K -1.21K -0.19% $252.84 640K 05 Jan 2025 Direct F1, F2
transaction WDAY Class A Common Stock Sale -$636K -2.51K -12.43% $252.87 17.7K 06 Jan 2025 Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE F3, F4, F5
transaction WDAY Class A Common Stock Sale -$492K -1.94K -10.93% $253.97 15.8K 06 Jan 2025 Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE F3, F5, F6
transaction WDAY Class A Common Stock Sale -$382K -1.5K -9.51% $254.92 14.3K 06 Jan 2025 Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE F3, F5, F7
transaction WDAY Class A Common Stock Sale -$51.1K -200 -1.4% $255.55 14.1K 06 Jan 2025 Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE F3, F5, F8
transaction WDAY Class A Common Stock Sale -$25.8K -100 -0.71% $257.51 14K 06 Jan 2025 Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE F3, F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of performance restricted stock units (PRSUs).
F2 Includes 245,316 RSUs and 219,300 PRSUs, 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 Eschenbach Family Trust dated October 7, 2024.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $252.44 to $253.4399, 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 set forth in this footnote of this Form 4.
F5 The trust is in the name of the Reporting Person and his spouse, who are both trustees and beneficiaries of the trust.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $253.48 to $254.4799, 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 set forth in this footnote of this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $254.54 to $255.5399, 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 set forth in this footnote of this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $255.55 to $256.5499, 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 set forth in this footnote of this Form 4.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $257.51 to $258.5099, 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 set forth in this footnote of this Form 4.