David A. Duffield Trust (NASDAQ: WDAY) reports multiple 107,500-share 10b5-1 sales

Rhea-AI Filing Summary

David A. Duffield Trust reported multiple 10b5-1 sales of 107,500 shares on several dates in 2026. The excerpt lists transactions including 06/04/2026 ($16,077,366.75), 06/01/2026 ($16,838,800.00), and earlier trades in March–April 2026 with proceeds shown.

The filings reflect routine beneficiary-directed dispositions executed under a 10b5-1 plan; the excerpt does not state remaining holdings or any proceeds recipient beyond the selling trust.

Insights

Securities Attorney

Form 144 disclosures show routine 10b5-1 plan sales by a trust.

These entries list multiple sales of 107,500 shares each on discrete dates in 2026, with gross proceeds reported per trade (for example, $16,077,366.75 on 06/04/2026). The filings identify the David A. Duffield Trust U/T/A 7/14/88 as the selling holder.

Form 144 is a notice required for certain restricted or control securities when an affiliate intends to sell; these disclosures describe the sales and reported proceeds. Timing and holder authority are governed by the 10b5-1 plan language, which is summarized here only as the transaction mechanism.

Key Figures

Shares per trade: 107,500 shares Proceeds on 06/04/2026: $16,077,366.75 Proceeds on 06/01/2026: $16,838,800.00 +2 more

5 metrics

Shares per trade 107,500 shares Each listed 10b5-1 sale in the excerpt

Proceeds on 06/04/2026 $16,077,366.75 <date>06/04/2026</date> sale of 107,500 shares

Proceeds on 06/01/2026 $16,838,800.00 <date>06/01/2026</date> sale of 107,500 shares

Proceeds on 04/09/2026 $12,075,840.50 <date>04/09/2026</date> sale of 107,500 shares

Broker-dealer Morgan Stanley Smith Barney LLC Executing broker named on the excerpt

Key Terms

10b5-1 plan, Form 144, Private Placement

3 terms

10b5-1 plan regulatory

"10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88"

A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Private Placement market

"Common | 12/27/2007 | Private Placement"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	107500	15454200.00	201000000	06/09/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/27/2007	Private Placement	Issuer			107500	12/27/2007	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	06/04/2026	107500	16077366.75
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	06/01/2026	107500	16838800.00
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	04/09/2026	107500	12075840.50
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	04/06/2026	107500	13932096.75
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	03/31/2026	107500	13949221.50
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	03/26/2026	107500	13797431.50
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	03/23/2026	107500	14708644.50
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	03/18/2026	107500	14252006.00
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	03/13/2026	107500	14262347.50
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	03/10/2026	107500	15284231.75

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for WDAY show?

The Form 144 lists multiple 10b5-1 sales by the David A. Duffield Trust of 107,500 shares each. The excerpt shows per-trade gross proceeds such as $16,077,366.75 on 06/04/2026.

Who executed the trades in the filing for WDAY?

The filing identifies David A. Duffield Trust U/T/A 7/14/88 as the selling holder. Trades are reported as 10b5-1 plan sales executed through Morgan Stanley Smith Barney LLC.

How many shares were sold per transaction in the excerpt?

Each listed transaction reports 107,500 shares. Multiple entries with that share count appear on dates in March, April, and June 2026 in the excerpt.

What proceeds are shown for the June 1 and June 4, 2026 trades?

The excerpt reports proceeds of $16,838,800.00 on 06/01/2026 and $16,077,366.75 on 06/04/2026 for sales of 107,500 shares each.

Does the filing state who receives the sale proceeds?

The excerpt lists gross proceeds per trade tied to the selling trust. It does not specify any other recipient or the company receiving proceeds in these resale transactions.