[144] Workday, Inc. SEC Filing

Rhea-AI Filing Summary

Workday, Inc. Form 144 disclosure reports a proposed sale of 1,160 shares of common stock by a person for whose account the securities are to be sold. The shares are restricted stock units acquired from the issuer on 07/05/2025 and are scheduled for sale approximately on 09/17/2025 through Morgan Stanley Smith Barney LLC on the NASDAQ. The filing shows the aggregate market value of the proposed sale at $254,051.60 and notes 1,160 shares outstanding in the lot versus 217,000,000 total shares outstanding, indicating the sale is a very small fraction of the company’s capital base. The notice references a prior 10b5-1 sale of 1,160 shares on 09/11/2025 with gross proceeds of $262,890.80. The filer certifies no undisclosed material adverse information and includes standard Rule 10b5-1 plan language.

Positive

• Transparent disclosure of the proposed sale quantity, acquisition date, and broker
• Use of a 10b5-1 plan and seller representation of no undisclosed material information supports regulatory compliance

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine insider sale disclosure under Rule 144 and reference to 10b5-1 plan; transaction appears immaterial to shareholders.

The filing documents a proposed sale of 1,160 restricted shares acquired on 07/05/2025 and slated for sale on 09/17/2025 through Morgan Stanley Smith Barney LLC. With 217 million shares outstanding, this quantity represents a negligible percentage of outstanding equity and is unlikely to affect market liquidity or valuation materially. The inclusion of prior 10b5-1 sales and the seller's representation of no undisclosed material information are standard compliance elements. Investors should view this as routine insider liquidity rather than a signal of operational change.

Equity Market Specialist

TL;DR: Small scheduled sale by an insider using broker and 10b5-1 plan; market impact is minimal.

The transaction uses a major broker and names NASDAQ as the venue, suggesting standard execution channels. The filing lists an aggregate market value of $254,051.60, which is modest relative to company size. The record of a 10b5-1 sale on 09/11/2025 with proceeds of $262,890.80 indicates prior planned selling activity consistent with orderly disposition strategies. From a trading-volume and float perspective, this disclosure does not present a material supply shock.

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	1160	254051.60	217000000	09/17/2025	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	07/05/2025	Restricted Stock Units	Issuer			1160	07/05/2025	N/A

* 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 RICHARD SAUER 6110 Stoneridge Mall Road Pleasanton CA 94588	Common	09/11/2025	1160	262890.80

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 Workday (WDAY) Form 144 report?

The filing reports a proposed sale of 1,160 shares of common stock (restricted stock units) acquired on 07/05/2025, to be sold around 09/17/2025 via Morgan Stanley Smith Barney on NASDAQ.

How large is the proposed sale relative to Workday's outstanding shares?

The 1,160 shares compare to 217,000,000 shares outstanding, making this sale a negligible fraction of total equity.

Was a prior sale reported for the same account?

Yes. The filing lists a prior 10b5-1 sale on 09/11/2025 of 1,160 shares with gross proceeds of $262,890.80.

Who is the broker handling the sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services located at 1 New York Plaza, New York, NY.

Are the securities being sold restricted shares or purchased shares?

The securities were acquired as Restricted Stock Units from the issuer on 07/05/2025.