Trustee 10b5-1 share sales at Workday (NASDAQ: WDAY) reported
Rhea-AI Filing Summary
Workday, Inc. filed a Form 144 notice reporting resale of Common shares by the David A. Duffield Trust U/T/A 7/14/88 under 10b5-1 sale provisions. The filing lists multiple transactions in 2026, including frequent sales of 107,500 shares on several dates and earlier sales of 82,884 and 81,479 shares.
The excerpt lists dollar amounts for each sale, for example a 03/23/2026 sale of 107,500 shares for $14,708,644.50 and a 01/08/2026 sale of 82,884 shares for $17,385,200.81. Transactions are described as 10b5-1 Sales.
Positive
- None.
Negative
- None.
Insights
Notice documents recurring trustee resales under prearranged 10b5-1 plans.
The filing lists multiple resale transactions by the David A. Duffield Trust executed under 10b5-1 arrangements, with specific share counts and gross proceeds shown for each date. The entries are transactional notices of planned dispositions rather than grant or issuance events.
Legal implications focus on compliance with Rule 144 timing and volume limits; cash‑flow treatment is the selling holder's proceeds. Subsequent filings may show additional dispositions or certify completion.
FAQ
What does the WDAY Form 144 filing show?
Are proceeds from the sales shown in the filing?
Do these Form 144 entries indicate company issuance or dilution?