[144] Workday, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 filing for Workday, Inc. (WDAY) reports a proposed sale of 6,250 shares of Common Stock through Morgan Stanley Smith Barney on the NASDAQ with an approximate aggregate market value of $1,504,562.50. The filing shows there are 217,000,000 shares outstanding, and the scheduled approximate sale date is 10/01/2025. The securities were acquired as Restricted Stock Units from the issuer on 12/05/2023, with acquisition amount matching the proposed sale. The filer reports no securities sold in the past three months and makes the customary representation that they are unaware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider notice: a director/officer plans a single sale of 6,250 shares, representing a small fraction of float.
The filing discloses a proposed sale of 6,250 shares valued at approximately $1.5 million executed through Morgan Stanley Smith Barney on NASDAQ. Relative to the reported 217 million shares outstanding, this sale is immaterial to share count and market supply. The shares were granted as RSUs on 12/05/2023 and no recent sales were reported in the prior three months, indicating this notice documents a planned, compliant sale rather than a rapid disposal. No additional context, such as role of the seller or a 10b5-1 plan adoption date, is provided.
TL;DR: The filing appears to be a standard Rule 144 disclosure showing compliance with resale notice requirements.
The document provides required public notice of a proposed resale under Rule 144 and includes the seller's representation regarding material nonpublic information. It lacks any indication of unusual governance events, accelerated insider selling, or related-party transactions. The absence of a stated 10b5-1 plan date means it is unclear whether the sale follows a pre-established trading plan, but the filing itself fulfills the statutory notice obligation.