STOCK TITAN

DAY Form 144: Minimal Insider Sale Equals 0.001 % of Float

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 filed by Dayforce, Inc. (symbol: DAY) discloses a proposed insider sale of 2,059 common shares through Morgan Stanley Smith Barney LLC. The shares were originally acquired on 02/24/2023—1,259 as restricted stock and 800 as performance shares—directly from the issuer. The planned sale date is 07/15/2025 on the NYSE, with an estimated aggregate market value of $113,265.59. Dayforce currently has 159,881,069 shares outstanding, so the transaction represents approximately 0.0013 % of total shares. No other sales by the filer have occurred in the last three months, and no 10b5-1 trading plan details were provided. This filing is routine, offering advance public notice of a relatively small disposition that is unlikely to affect the company’s float or trading dynamics materially.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small insider sale—0.001 % of shares—has negligible impact on valuation or liquidity.

The disclosed sale of 2,059 shares worth roughly $113k is immaterial versus Dayforce’s 159.9 million shares outstanding. Rule 144 filings are standard for insiders unloading restricted securities. Absence of recent sales, coupled with minimal volume, suggests no broader selling pressure. I view the event as neutral for share price and fundamentals.

TL;DR: Routine compliance filing; no governance red flags detected.

Rule 144 requires insiders to notify the market before selling restricted shares. The filer certifies no undisclosed adverse information. No aggregation with other insiders is noted, and prior-three-month sales list is empty, limiting concerns about coordinated disposal. Given the transaction’s scale and transparency, I classify governance impact as neutral.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many Dayforce (DAY) shares are being sold under this Form 144?

A total of 2,059 common shares are slated for sale.

What is the approximate market value of the proposed Dayforce share sale?

The filing lists an aggregate market value of $113,265.59 for the shares.

When is the planned sale date for the Dayforce shares?

The approximate sale date disclosed is 07/15/2025.

What percentage of Dayforce’s outstanding shares does this sale represent?

Only about 0.0013 % of the 159,881,069 shares outstanding.

Which broker will execute the Dayforce insider transaction?

The broker is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York.