Workday enhances executive severance benefits, expands equity acceleration window

Filed April 24, 2026 · Period ending April 20, 2026 · ~1 min read

Key Changes

• medium

  Board expanded equity acceleration in severance: equity granted up to 9 months before termination now eligible to accelerate (previously excluded if granted within 12 months). Makes departure packages more generous for executives.

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• medium

  Policy now guarantees departing executives receive prior-year bonuses at 100% individual performance level (based on actual company results) if terminated between fiscal year-end and payout date.

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• low

  Terminated executives also receive pro-rated target bonus for the termination year, calculated based on time worked. Adds cash to severance packages beyond prior-year bonus adjustments.

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