---
schema_version: "secwatch.filing_event.v1"
accession: "0001327811-26-000016"
form_type: "8-K"
ticker: "WDAY"
cik: "0001327811"
company_name: "Workday, Inc."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:35:59.713834+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Workday grants CEO Bhusri 437,602 RSU and 547,003 PVU shares with price hurdles

## Summary
- RSU vests 1/4th on one-year anniversary, then quarterly over 4 years; no other equity until FY2028.
- PVU split into 4 tranches of ~136,751 shares each; price hurdles: 25%, 50%, 75%, 100% increases from baseline.
- Baseline price of $137.11; price hurdles: $171.39, $205.67, $239.94, $274.22 over 5-year performance periods.
- PVU shares vest quarterly after price hurdle achieved; all PVU shares subject to 2-year holding period post-vesting.
- Accelerated vesting on termination without cause or change in control per Workday's Severance & CIC Policy.

## SEC filing metadata
- accession: 0001327811-26-000016
- form_type: 8-K
- ticker: WDAY
- cik: 0001327811
- company_name: Workday, Inc.
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327811/000132781126000016/0001327811-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327811/000132781126000016/wday-20260305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327811-26-000016
- JSON: https://secwatch.observer/filing/0001327811-26-000016.json
- Plain text: https://secwatch.observer/filing/0001327811-26-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.