Workday 8-K: Leadership Changes & Comp Arrangements on Jan 26
Ticker: WDAY · Form: 8-K · Filed: 2024-01-31T00:00:00.000Z
Sentiment: neutral
Topics: executive-change, compensation, corporate-governance
TL;DR
**Workday filed an 8-K about executive changes and pay on Jan 26, watch for details.**
AI Summary
Workday, Inc. filed an 8-K on January 31, 2024, reporting an event that occurred on January 26, 2024, related to the departure or election of directors or officers and their compensatory arrangements. This filing also covers financial statements and exhibits. For investors, this matters because changes in leadership or executive compensation can signal shifts in company strategy, financial health, or governance, potentially impacting future stock performance.
Why It Matters
Changes in executive leadership or compensation can influence investor confidence and the company's strategic direction, directly affecting its stock valuation.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership or compensation, which can introduce uncertainty or signal strategic shifts, warranting investor attention.
Analyst Insight
Investors should monitor Workday's future announcements for specific details regarding the executive changes and compensatory arrangements mentioned in this 8-K, as these could impact the company's strategic direction and financial outlook.
Key Numbers
- $0.001 — Par Value per Share (The par value of Workday's Class A Common Stock, as listed on The Nasdaq Stock Market LLC.)
Key Players & Entities
- Workday, Inc. (company) — the registrant filing the 8-K
- January 26, 2024 (date) — date of the earliest event reported in the 8-K
- January 31, 2024 (date) — date the 8-K was filed
- $0.001 (dollar_amount) — par value of Workday's Class A Common Stock
- 001-35680 (company) — Workday's Commission File Number
Forward-Looking Statements
- Workday will provide more specific details on the executive changes and compensation in subsequent filings or announcements. (Workday, Inc.) — high confidence, target: Q1 2024 Earnings Call
FAQ
What specific event triggered Workday, Inc. to file this 8-K?
Workday, Inc. filed this 8-K due to events related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits', as reported on January 26, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 26, 2024.
What is the par value of Workday, Inc.'s Class A Common Stock?
The par value of Workday, Inc.'s Class A Common Stock is $0.001.
On which stock exchange is Workday, Inc.'s Class A Common Stock registered?
Workday, Inc.'s Class A Common Stock is registered on The Nasdaq Stock Market LLC (Nasdaq Global Select Market).
What is Workday, Inc.'s business address as stated in the filing?
Workday, Inc.'s business address is 6110 Stoneridge Mall Road, Pleasanton, California 94588.
Filing Stats: 729 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-01-31 09:03:32
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 WDAY The Nasdaq Stock Market LLC (Nasd
Filing Documents
- wday-20240126.htm (8-K) — 29KB
- wday-01312024x991.htm (EX-99.1) — 16KB
- 0001327811-24-000024.txt ( ) — 173KB
- wday-20240126.xsd (EX-101.SCH) — 2KB
- wday-20240126_lab.xml (EX-101.LAB) — 23KB
- wday-20240126_pre.xml (EX-101.PRE) — 12KB
- wday-20240126_htm.xml (XML) — 3KB
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press release entitled "Carl Eschenbach Takes the Helm as Workday CEO" dated January 31, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 31, 2024 Workday, Inc. /s/ Richard H. Sauer Richard H. Sauer Chief Legal Officer, Head of Corporate Affairs, and Corporate Secretary