Duffield Trust (WDAY) executes repeated 107,500-share 10b5-1 sales

Rhea-AI Filing Summary

David A. Duffield Trust reported multiple planned or completed sales of 107,500 shares of common stock each under 10b5-1 instructions. The entries list trades dated 03/26/2026 through 06/22/2026

The filings show per‑trade proceeds figures alongside each date; the filing is a routine sales notice under regulatory Form 144.

Insights

Corporate Governance Analyst

Routine scheduled dispositions under a 10b5-1 plan by an affiliated trust.

The excerpt lists repeated entries of 107,500 shares sold on multiple dates, identified as 10b5-1 Sales for the David A. Duffield Trust. The records pair each trade date with a proceeds amount.

These entries reflect sales activity by a trust tied to a principal; timing and execution appear governed by pre‑arranged instructions rather than discretionary open‑market decisions. Subsequent filings or broker confirmations would show final settlement details.

Key Figures

Per-transaction shares: 107,500 shares Example proceeds (04/09/2026): $12,075,840.50 Example proceeds (06/01/2026): $16,838,800.00 +2 more

5 metrics

Per-transaction shares 107,500 shares Repeated per-date sales listed in the excerpt

Example proceeds (04/09/2026) $12,075,840.50 Proceeds reported for a sale dated <date>04/09/2026</date>

Example proceeds (06/01/2026) $16,838,800.00 Proceeds reported for a sale dated <date>06/01/2026</date>

Earliest date shown 03/26/2026 First listed trade date in the excerpt

Latest date shown 06/22/2026 Most recent trade date in the excerpt

Key Terms

10b5-1, Form 144, Private Placement

3 terms

10b5-1 regulatory

"10b5-1 Sales for DAVID A DUFFIELD TRUST"

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.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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 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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Available on EDGAR 06/25/2026 - 04:26 PM Accepted by SEC EDGAR 06/25/2026 - 04:26 PM Learn about SEC filing dates

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	12694675.00	201000000	06/25/2026	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	Cash

* 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	06/22/2026	107500	12281961.00
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	06/17/2026	107500	13436124.00
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	06/12/2026	107500	13815416.25
10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	06/09/2026	107500	14869711.75
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

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 about the Duffield Trust sales?

The Form 144 lists multiple transactions of 107,500 shares each executed on dates between 03/26/2026 and 06/22/2026. Each row pairs a trade date with gross proceeds figures, indicating scheduled dispositions.

Were the sales reported as part of a 10b5-1 plan?

Yes. Each sale entry is labeled 10b5-1 Sales, indicating the trades were made under a prearranged trading plan. The listing attributes the transactions to the David A. Duffield Trust and shows per‑trade proceeds.

How many shares per transaction does the filing show?

Each transaction line in the excerpt shows 107,500 shares. Multiple dated rows repeat that same share count for separate trade dates, not an aggregate total across rows.

What proceeds figures are shown for the Duffield Trust trades?

Each trade row pairs a date with a proceeds number, for example $12,081,840.50 on 04/09/2026 and $16,877,300.00 on 06/01/2026. The excerpt lists proceeds per transaction.

Does the Form 144 indicate who receives the sale proceeds?

The excerpt attributes the sales to the David A. Duffield Trust. It does not state a different recipient; therefore, proceeds are shown in the same rows tied to that trust in the filing.