[144] Workday, Inc. SEC Filing
Rhea-AI Filing Summary
Workday, Inc. (WDAY) Form 144: An individual proposes to sell 1,160 shares of Workday common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $262,716.80. The filing lists 217,000,000 shares outstanding and an approximate sale date of 09/11/2025. The shares were acquired as Restricted Stock Units (RSUs) on 07/05/2025, with the acquisition and payment both recorded on that date. No securities were reported sold by the filer in the past three months. The filing includes the standard representation that the seller does not possess undisclosed material adverse information and notes use of a registered broker for the proposed sale.
Positive
- Notice filed under Rule 144 showing compliance with disclosure requirements
- Securities acquired as RSUs, indicating a standard compensation-related transaction
- Sale to be handled by a major broker (Morgan Stanley Smith Barney LLC), suggesting professional execution
Negative
- Issuer name and filer identity details are not specified in the provided text, limiting transparency
- No signature or signer name shown in the content provided, which is usually required for complete verification
Insights
TL;DR: Proposed sale is small relative to shares outstanding and appears to be a routine disposition of newly acquired RSUs.
The filing shows a proposed sale of 1,160 shares valued at $262,716.80 executed via Morgan Stanley Smith Barney LLC. The shares were granted and acquired as RSUs on 07/05/2025 and are slated for sale on 09/11/2025. No sales in the prior three months are reported. From a market-impact perspective, the quantity is immaterial versus the 217,000,000 shares outstanding reported here, indicating limited potential impact on market liquidity or price. The use of a major broker and the Rule 144 notice are standard compliance steps for an insider or affiliate disposing of restricted shares.
TL;DR: Disclosure follows required Rule 144 format; includes seller representation on material information and broker handling.
The form includes the mandatory declaration that the seller is unaware of any undisclosed material adverse information and records the broker and planned sale date. The securities were acquired as RSUs from the issuer on 07/05/2025, consistent with equity compensation vesting and subsequent Rule 144 sale notices. There are no indicated prior sales in the last three months, and the signature/attestation language is present. For governance review, the filing contains the expected elements but does not identify the specific person or issuer contact details within the text provided.