News & Events

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 20, 2026, the Board of Directors of Workday, Inc. (“Workday”) amended and restated the Workday, Inc. Executive Severance and Change in Control Policy (the “Policy”). The purpose of the amendments to the Policy (the “Amendments”) is to revise and provide the following benefits in the event of a participant’s Non-CIC Qualifying Termination (a…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers As previously reported, on February 6, 2026, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Aneel Bhusri, Workday’s co-founder and Executive Chair, as Chief Executive Officer (“CEO”) of Workday. In connection with his appointment as CEO, on March 5, 2026 (the “Grant Date”) Mr. Bhusri was granted the equity awards listed…

Results of Operations and Financial Condition On February 24, 2026, Workday, Inc. (“Workday”) issued a press release announcing its results for its fiscal fourth quarter and full year ended January 31, 2026. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. Workday uses its blogs.workday.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under R…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 6, 2026, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Aneel Bhusri, Workday’s co-founder and Executive Chair, as Chief Executive Officer (“CEO”) of Workday, effective February 6, 2026 (the “Effective Date”). Mr. Bhusri will remain as Workday’s Chair of the Board. In connection with Mr. Bhusri’s appointment…

Results of Operations and Financial Condition Workday, Inc. (“Workday”) expects its fiscal 2026 fourth quarter and full-year financial results to be in-line with its guidance as provided on its fiscal 2026 third quarter earnings call on November 25, 2025, with the exception of its GAAP operating margin, due to the activities discussed in Items 2.05 and 2.06 below. Workday now expects its fiscal 2026 fourth quarter GAAP operating margin to be 24 to 25 percentage points lower than its fourth qu…

Material Impairments The information contained in

above with respect to impairment charges related to certain office space and long-lived assets, as concluded by Workday on January 30, 2026, is incorporated herein by reference. Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements including, but not limited to, statements related to the expected benefits and impact of the reorganizations, the expected hiring plans, the percentage of employees to be impacted, the estimate and timing of the charges that…

Other Events On September 16, 2025, Workday announced that its Board of Directors authorized the repurchase of up to an additional $4.0 billion of Workday’s outstanding shares of Class A common stock (the “Share Repurchase Program”). The Share Repurchase Program has no expiration date, may be suspended or discontinued at any time, and does not obligate Workday to acquire any amount of Class A common stock. As of July 31, 2025, approximately $1.2 billion of Workday’s outstanding shares of Clas…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On July 2, 2024, Christa Davies submitted her resignation from the Board of Directors (the “Board”) of Workday, Inc. (“Workday”), including from the Audit Committee of the Board (the “Audit Committee”), effective immediately. Mark J. Hawkins has been appointed to serve as Chair of the Audit Committee. Ms. Davies’ decision to resign was not the resul…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 22, 2024, Ann-Marie Campbell notified Workday, Inc. (“Workday”) that she has decided not to stand for re-election to Workday’s Board of Directors (the “Board”) at Workday’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”) and that she will resign effective as of the start of the Annual Meeting (the “Effective Time”). Ms. Campbell…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 7, 2023, Lee J. Styslinger III submitted his resignation from the Board of Directors (the “Board”) of Workday, Inc. (“Workday”), effective immediately. Mr. Styslinger’s decision to resign was not the result of any disagreement with management or the Board, or related to Workday’s operations, policies, or practices. Mr. Styslinger will c…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b) On September 16, 2021, Michael C. Bush submitted his resignation from the Board of Directors of Workday, Inc. (“Workday”), effective immediately. Mr. Bush’s decision to resign as a director was not due to any disagreements with Workday on any matter relating to Workday’s operations, policies or practices. Signature Pursuant to the requirements o…