Carl M. Eschenbach - 27 May 2025 Form 4 Insider Report for Workday, Inc. (WDAY)

Role
CEO, Director
Signature
/s/ Juliana Capata, attorney-in-fact
Issuer symbol
WDAY
Transactions as of
27 May 2025
Transactions value $
-$753,844
Form type
4
Filing time
29 May 2025, 18:38:33 UTC
Previous filing
07 May 2025
Next filing
09 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Eschenbach Carl M. CEO, Director C/O WORKDAY, INC., 6110 STONERIDGE MALL ROAD, PLEASANTON /s/ Juliana Capata, attorney-in-fact 28 May 2025 0001409324

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Sale -$754K -3.13K -28.81% $241.23 7.72K 27 May 2025 Eschenbach Family Trust dtd 4/15/2014, Carl Eschenbach Jr and Ana Eschenbach TTEE F1, F2, F3
holding WDAY Class A Common Stock 709K 27 May 2025 Direct F4
* 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 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
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $241.23 to $242.2299, 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.
F3 The trust is in the name of the Reporting Person and his spouse, who are both trustees and beneficiaries of the trust.
F4 Includes 299,578 restricted stock units (RSUs) and 205,804 performance restricted stock units (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.