STOCK TITAN

David A. Duffield Trust (WDAY) files Rule 144 notice to sell 107,500 shares

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

Rhea-AI Filing Summary

David A. Duffield Trust submitted Rule 144/related sale notices showing proposed sale of 107,500 shares of common stock. The filing lists multiple prior 10b5-1 sales dated 03/18/2026 through 06/12/2026 with per‑trade proceeds reported in dollars. The broker listed is Morgan Stanley Smith Barney LLC.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144/10b5-1 sale notices by a trust; transactional details are disclosed.

The excerpt lists a proposed sale of 107,500 shares and multiple executed 10b5-1 sales on specific dates between 03/18/2026 and 06/12/2026

Cash proceeds for each listed trade are shown in dollars alongside the trade dates; cash‑flow treatment and any issuer receipt of proceeds are not specified in the excerpt. Subsequent filings may show aggregate totals or confirm settlement details.

Proposed sale 107,500 shares listed as securities to be sold (cover row)
Executed sale example 107,500 shares trade dated <date>06/12/2026</date>
Proceeds example <money>$13,815,416.25</money> proceeds reported for trade dated <date>06/12/2026</date>
Proceeds example <money>$16,077,366.75</money> proceeds reported for trade dated <date>06/04/2026</date>
Broker Morgan Stanley Smith Barney LLC listed as executing broker on cover
10b5-1 regulatory
"10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Private Placement financial
"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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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

What did the WDAY Form 144 filing disclose about planned sales?

It discloses a planned sale of 107,500 shares by the David A. Duffield Trust. The filing also lists multiple executed 10b5-1 sales with dates and dollar proceeds for each trade; the broker is Morgan Stanley Smith Barney LLC.

Which dates and proceeds are shown for recent 10b5-1 sales in the excerpt?

The excerpt lists executed 10b5-1 sales on dates from 03/18/2026 through 06/12/2026 with per‑trade proceeds such as $14,252,006.00 and $13,815,416.25. Each row pairs a date, 107,500 shares, and a dollar amount.

Who is the broker and who is the selling party in the filing?

The broker identified is Morgan Stanley Smith Barney LLC and the selling party is the David A. Duffield Trust U/T/A 7/14/88. The trust's address is included in the excerpt alongside trade rows.

Does the filing state how proceeds will be used or whether the issuer receives proceeds?

The excerpt does not state a use of proceeds or that the issuer will receive sale proceeds. The entries pair trade dates, share counts, and dollar amounts; no issuer‑proceeds language appears in the provided text.