Workday grants new CEO Aneel Bhusri RSU and performance awards tied to stock price
Workday's board appointed co-founder Aneel Bhusri as Chief Executive Officer on February 6, 2026, as previously reported. On March 5, 2026, Bhusri received a time-based RSU award of 437,602 shares and a performance-based award of 547,003 shares, with the performance shares vesting only if stock price hurdles of $171.39 to $274.22 are met. Bhusri will not be eligible for additional equity awards until fiscal 2028.
Key points
- Time-based RSU award of 437,602 Class A shares, vesting over four years from the March 5, 2026 grant date
- Performance-based award of 547,003 shares in four tranches, with price hurdles of $171.39 (25% above baseline) up to $274.22 (100% above baseline)
- Performance period runs five years, and shares vest only if hurdles are achieved and Bhusri remains in service
- No additional equity awards for Bhusri until fiscal 2028
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.