Workday Officer Gerrit Kazmaier Files Form 144 for $515K Share Sale

Executive Summary

On October 6, 2026, Gerrit Kazmaier, an Officer at Workday, Inc. ($WDAY), filed a Form 144 notice disclosing an intention to sell 2,729 shares of common stock with an aggregate market value of approximately $515,671.84.

Transaction Details

• Securities Offered: 2,729 shares of Common Stock.
• Aggregate Market Value: $515,671.84 (~$188.96 per share).
• Acquisition Origin: The shares were acquired on October 5, 2026, through the vesting of Restricted Stock Units (RSUs) granted by the issuer.
• Trading Plan: The planned sale is executed pursuant to a Rule 10b5-1 trading plan established on September 19, 2025.
• Executing Broker: Morgan Stanley Smith Barney LLC.

Prior Activity & Market Context

• In the preceding three months, the insider sold 2,728 shares on July 7, 2026, generating gross proceeds of $391,785.54 under the same trading plan.
• Workday has approximately 196 million shares outstanding; the 2,729 shares represent a negligible fraction (<0.002%) of the total float.

Assessment

The filing reflects routine equity compensation liquidation conducted via a pre-scheduled Rule 10b5-1 trading plan adopted over a year prior. Consequently, trading significance is assessed as Low.