secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0001327811-26-000019
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday amends executive severance policy, tightens equity acceleration exclusion to 3 months
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- Equity awards granted within 3 months (down from 12) before a Non-CIC Qualifying Termination are excluded from accelerated vesting.
- Lump sum bonus calculation now includes a prorated prior-year bonus equivalent if termination occurs after fiscal year end but before bonus payout.
- For both CEO and other executives, the cash severance includes a one-times target bonus for the termination year minus any bonus already paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000019/0001327811-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000019/wday-20260420.htm
  HTML page:      https://secwatch.observer/filing/0001327811-26-000019

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