Workday, Inc. — Director's Dealing 2025

Mar 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workday, Inc. (WDAY)
CIK: 0001327811
Period of Report: 2025-03-14

Reporting Person: DUFFIELD DAVID A (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-14	Class A Common Stock	S	600	$240.3039	Disposed	59400	Indirect
2025-03-14	Class A Common Stock	S	2700	$241.4269	Disposed	56700	Indirect
2025-03-14	Class A Common Stock	S	1801	$242.5406	Disposed	54899	Indirect
2025-03-14	Class A Common Stock	S	6547	$243.6367	Disposed	48352	Indirect
2025-03-14	Class A Common Stock	S	3052	$244.4485	Disposed	45300	Indirect
2025-03-14	Class A Common Stock	S	300	$245.1133	Disposed	45000	Indirect
2025-03-17	Class A Common Stock	C	71672	—	Acquired	174669	Direct
2025-03-17	Class A Common Stock	S	900	$243.5311	Disposed	173769	Direct
2025-03-17	Class A Common Stock	S	7669	$245.7642	Disposed	166100	Direct
2025-03-17	Class A Common Stock	S	17133	$246.5065	Disposed	148967	Direct
2025-03-17	Class A Common Stock	S	12612	$247.5467	Disposed	136355	Direct
2025-03-17	Class A Common Stock	S	1965	$248.4285	Disposed	134390	Direct
2025-03-17	Class A Common Stock	S	4320	$249.5464	Disposed	130070	Direct
2025-03-17	Class A Common Stock	S	12029	$250.7828	Disposed	118041	Direct
2025-03-17	Class A Common Stock	S	13334	$251.4443	Disposed	104707	Direct
2025-03-17	Class A Common Stock	S	1710	$252.2343	Disposed	102997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-17	Class B Common Stock	$	C	71672	Disposed		Class A Common Stock (71672)	Direct

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the David A. Duffield Trust, the Cheryl D. Duffield Trust, and the Dave & Cheryl Duffield Foundation dated
December 3, 2024.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $239.89 to $240.8899, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $240.91 to $241.9099, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $241.96 to $242.9599, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $243.05 to $244.0499, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F6: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $244.05 to $245.0499, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F7: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $245.11 to $246.1099, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F8: The reported shares are held by the David A. Duffield Trust dated July 14, 1988, a revocable living trust, of which the Reporting Person is trustee and sole beneficiary.

F9: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $243.43 to $244.4299, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F10: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $245.05 to $246.0499, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F11: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $246.05 to $247.0499, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F12: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $247.05 to $248.0499, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F13: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $248.05 to $249.0499, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F14: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $249.07 to $250.0699, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F15: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $250.07 to $251.0699, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F16: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $251.07 to $252.0699, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F17: The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $252.19 to $253.1899, inclusive. The Reporting Person undertakes to
provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each
separate price within the range set forth in this footnote of this Form 4.

F18: All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date.

F19: Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date.