secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0001327811-22-000112
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday appoints Wayne A.I. Frederick, M.D. to board of directors
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- Dr. Frederick is president of Howard University (since July 2014) and brings experience in higher education and healthcare.
- He receives a one-time RSU grant of $750,000, vesting one-fourth on July 15, 2023, then quarterly over 12 quarters.
- He also receives an annual RSU grant of $320,000 under the non-employee director compensation program, vesting on May 15 of the following year.
- Board determined Dr. Frederick is independent per Nasdaq rules; Howard University paid Workday $4,032,636 in FY2022 as an arms-length customer.
- Dr. Frederick serves on boards of Forma Therapeutics, Humana, Insulet, and Mutual of America.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781122000112/0001327811-22-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781122000112/wday-20220622.htm
  HTML page:      https://secwatch.observer/filing/0001327811-22-000112

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