secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001327811-26-000007
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday co-founder Aneel Bhusri returns as CEO; Carl Eschenbach steps down effective Feb 6, 2026
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- Eschenbach receives $3.6M lump sum, accelerated vesting of 139,773 RSUs plus 24,153 additional shares.
- Bhusri's compensation: $1.25M base salary, 200% bonus target, $60M RSU and $75M performance RSU.
- Bhusri and Duffield family hold ~68% voting power via stock voting agreement.
- Company reaffirms FY2026 Q4 and full-year outlook (GAAP operating margin exception as disclosed Feb 4).
- Eschenbach will stay as strategic advisor to Bhusri.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000007/0001327811-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000007/wday-20260206.htm
  HTML page:      https://secwatch.observer/filing/0001327811-26-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer