David A. Duffield Trust 10b5-1 sales of 107,500 shares each (WDAY)

Rhea-AI Filing Summary

David A. Duffield Trust reported multiple 10b5-1 sales of Common Stock, each listing 107,500 shares on several dates in April–June 2026. The entries show per-trade proceeds (for example, $12,426,602.25 on 06/25/2026 and $16,877,366.75 on 06/04/2026), with transactions processed through Morgan Stanley Smith Barney LLC.

Insights

Corporate Governance Analyst

Routine, prearranged 10b5-1 disposition by a trust reported via Form 144.

The filing lists a series of 10b5-1 sales executed for the David A. Duffield Trust, each showing 107,500 shares and trade proceeds on specific dates in April–June 2026. These entries are consistent with scheduled trust dispositions rather than ad hoc open-market trades.

Cash‑flow treatment is clear per line items (per‑trade proceeds shown). Subsequent filings or broker confirmations would provide aggregate totals and percent of outstanding shares; timing and aggregate impact are determined by holder activity.

Key Figures

Shares per trade: 107,500 shares Proceeds on 06/25/2026: $12,426,602.25 Proceeds on 06/04/2026: $16,077,366.75 +1 more

4 metrics

Shares per trade 107,500 shares listed on each sale row in April–June 2026

Proceeds on 06/25/2026 $12,426,602.25 proceeds listed for the 06/25/2026 trade

Proceeds on 06/04/2026 $16,077,366.75 proceeds listed for the 06/04/2026 trade

Trade dates range April–June 2026 dates shown across the reported sale rows

Key Terms

10b5-1 sales, Form 144, Private Placement

3 terms

10b5-1 sales regulatory

"10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88"

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.

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 | Issuer"

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 06/30/2026 - 04:35 PM Accepted by SEC EDGAR 06/30/2026 - 04:35 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	13284850.00	201000000	06/30/2026	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	06/25/2026	107500	12426602.25
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

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 did the David A. Duffield Trust sell in the Form 144 for WDAY?

The trust reported multiple 10b5-1 sales of 107,500 shares each. The entries list per‑trade proceeds and settlement dates in April–June 2026 processed through Morgan Stanley Smith Barney LLC.

How many shares per trade are listed in the filing for WDAY?

Each reported trade shows 107,500 shares per entry. Multiple dated rows in the excerpt list that identical share count across transactions in April–June 2026.

What proceeds are shown for the sales in the Form 144 excerpt?

The excerpt shows per‑trade proceeds, for example $12,426,602.25 on 06/25/2026 and $16,077,366.75 on 06/04/2026. Each row pairs a sale date with a dollar amount.

Were these sales discretionary or prearranged according to the filing?

The filing identifies the transactions as 10b5-1 sales, indicating they were executed under a documented trading plan rather than ad hoc discretionary trades, per the excerpt lines.

Through which broker were the shares processed in this Form 144?

The excerpt lists Morgan Stanley Smith Barney LLC as the broker/agent for the reported sales. The broker name appears in the filer information section of the excerpt.