David A Duffield Trust notifies sale of 107,500 WDAY shares (WDAY)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
The filing is a Form 144 notice relating to proposed sales of 107,500 shares of common stock associated with the David A Duffield Trust U/T/A 7/14/88. The excerpt lists multiple prior 10b5-1 sales on specific dates in March–April 2026 with gross proceeds shown for each trade.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 107,500 shares
Proceeds shown (04/09/2026): $12,075,840.50
Proceeds shown (04/06/2026): $13,932,096.75
+2 more
5 metrics
Proposed shares to be sold
107,500 shares
listed on the Form 144 cover line
Proceeds shown (04/09/2026)
$12,075,840.50
10b5-1 sale on <date>04/09/2026</date>
Proceeds shown (04/06/2026)
$13,932,096.75
10b5-1 sale on <date>04/06/2026</date>
Proceeds shown (03/31/2026)
$13,949,221.50
10b5-1 sale on <date>03/31/2026</date>
Filing form
Form 144
Notice of proposed sale under securities law
Key Terms
Form 144, 10b5-1 Sales, Private Placement
3 terms
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.
10b5-1 Sales regulatory
"10b5-1 Sales for DAVID A DUFFIELD TRUST"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
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.
FAQ
What does WDAY's Form 144 filing report?
It reports a proposed sale of 107,500 shares by an entity linked to David A Duffield Trust and lists prior 10b5-1 sales on specific dates in March–April 2026, with gross proceeds shown for each sale.
Who is the selling party in the Form 144 for WDAY?
The filing identifies the seller as the David A Duffield Trust U/T/A 7/14/88, with an address and brokerage listed. The trust is shown as the source of the proposed sale of 107,500 shares.
Are the prior trades listed as discretionary or pre-planned?
The prior sales are described as 10b5-1 Sales, indicating they were executed under pre-established trading plans rather than ad hoc open-market decisions, with dates and gross proceeds for each listed trade.
What proceeds are shown for the listed prior 10b5-1 sales?
The excerpt shows gross proceeds per listed trade, for example $12,075,840.50 (04/09/2026) and $13,932,096.75 (04/06/2026); multiple March 2026 trades show proceeds in similar seven-figure ranges.