David A. Duffield - 02 Jan 2026 Form 4 Insider Report for Workday, Inc. (WDAY)

Reporting relationship: 10%+ Owner
Issuer ticker: WDAY
Reported as of: 02 Jan 2026
Net transaction value: -$16,727,042
SEC form: 4
Accepted by SEC: 06 Jan 2026, 16:23:46 UTC
Prior SEC filing: 29 Dec 2025
Next SEC filing: 09 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Richard H. Sauer, attorney-in-fact

Filing notes and source

Key filing fact

David A. Duffield filed Form 4 for Workday, Inc. (WDAY) on 06 Jan 2026.

Key facts

This page summarizes David A. Duffield's Form 4 filing for Workday, Inc. (WDAY).
14 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jan 2026, 16:23.

Change

Previous filing in this sequence was filed on 29 Dec 2025.
Current net transaction value: -$16,727,042.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0000938071 Primary reporting owner

DUFFIELD DAVID A

Relationship: 10%+ Owner
Address: C/O WORKDAY, INC., 6110 STONERIDGE MALL ROAD, PLEASANTON
Signature: /s/ Richard H. Sauer, attorney-in-fact
Signature date: 06 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WDAY transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +81,479
Change %: +78%
Price: $0.000000
Shares after: 186,528
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1

WDAY transaction

Class A Common Stock

Sale

Transaction value: $1,785,540
Shares: -8,811
Change %: -4.7%
Price: $202.65
Shares after: 177,717
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F3

WDAY transaction

Class A Common Stock

Sale

Transaction value: $3,028,965
Shares: -14,862
Change %: -8.4%
Price: $203.81
Shares after: 162,855
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F4

WDAY transaction

Class A Common Stock

Sale

Transaction value: $3,138,760
Shares: -15,339
Change %: -9.4%
Price: $204.63
Shares after: 147,516
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F5

WDAY transaction

Class A Common Stock

Sale

Transaction value: $5,455,825
Shares: -26,512
Change %: -18%
Price: $205.79
Shares after: 121,004
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F6

WDAY transaction

Class A Common Stock

Sale

Transaction value: $1,653,837
Shares: -8,010
Change %: -6.6%
Price: $206.47
Shares after: 112,994
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F7

WDAY transaction

Class A Common Stock

Sale

Transaction value: $471,985
Shares: -2,272
Change %: -2%
Price: $207.74
Shares after: 110,722
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F8

WDAY transaction

Class A Common Stock

Sale

Transaction value: $566,077
Shares: -2,712
Change %: -2.4%
Price: $208.73
Shares after: 108,010
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F9

WDAY transaction

Class A Common Stock

Sale

Transaction value: $60,454
Shares: -288
Change %: -0.27%
Price: $209.91
Shares after: 107,722
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F10

WDAY transaction

Class A Common Stock

Sale

Transaction value: $341,963
Shares: -1,623
Change %: -1.5%
Price: $210.70
Shares after: 106,099
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F11

WDAY transaction

Class A Common Stock

Sale

Transaction value: $95,509
Shares: -450
Change %: -0.42%
Price: $212.24
Shares after: 105,649
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F12

WDAY transaction

Class A Common Stock

Sale

Transaction value: $106,721
Shares: -500
Change %: -0.47%
Price: $213.44
Shares after: 105,149
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F13

WDAY transaction

Class A Common Stock

Sale

Transaction value: $21,407
Shares: -100
Change %: -0.1%
Price: $214.07
Shares after: 105,049
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F14

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WDAY transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -81,479
Change %: -0.21%
Price: $0.000000
Shares after: 38,686,718
Date: 02 Jan 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 81,479
Exercise price
Footnotes: F1, F15, F16

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 16 footnotes

Footnote F1

The reported shares are held by the David A. Duffield Trust dated July 14, 1988, a revocable living trust, of which the Reporting Person is trustee and sole beneficiary.

Footnote F2

This sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the David A. Duffield Trust, and the Dave & Cheryl Duffield Foundation dated December 3, 2024.

Footnote F3

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $202.22 to $203.2199, 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.

Footnote F4

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $203.22 to $204.2199, 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.

Footnote F5

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $204.22 to $205.2199, 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.

Footnote F6

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $205.23 to $206.2299, 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.

Footnote F7

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $206.23 to $207.2299, 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.

Footnote F8

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $207.31 to $208.3099, 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.

Footnote F9

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $208.34 to $209.3399, 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.

Footnote F10

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $209.34 to $210.3399, 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.

Footnote F11

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $210.57 to $211.5699, 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.

Footnote F12

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $211.57 to $212.5699, 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.

Footnote F13

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $212.90 to $213.8999, 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.

Footnote F14

The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $214.04 to $215.0399, 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.

Footnote F15

All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date.

Footnote F16

Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date.