David A Duffield Trust sells WDAY shares under 10b5-1 plan (WDAY)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
David A Duffield Trust U/T/A 7/14/88 reported multiple 10b5-1 sales of company common stock. The filing lists repeated 10b5-1 sales of 107,500 shares with trade dates in March 2026 and a sale of 82,884 shares on 01/08/2026. Reported proceeds for individual trades are shown as $13,797,431.50 to $15,824,248.50 in the excerpt.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 sales by an affiliated trust; filing documents executed dispositions.
The entries reflect scheduled dispositions under a 10b5-1 plan attributed to the David A Duffield Trust. Each row shows trade date, share count, and gross proceeds for the trade.
Timing and amounts are explicit in the excerpt; cash‑flow recipients and whether the plan is continuing are not detailed in this excerpt.
Key Figures
Repeated sale size: 107,500 shares
Single earlier sale: 82,884 shares
Example proceeds (range): $13,797,431.50 - $15,824,248.50
+1 more
4 metrics
Repeated sale size
107,500 shares
multiple trade dates in March 2026
Single earlier sale
82,884 shares
sale on 01/08/2026
Example proceeds (range)
$13,797,431.50 - $15,824,248.50
gross proceeds reported for individual March 2026 trades
Form type
Form 144
resale reporting for restricted securities
Key Terms
10b5-1, Private Placement, Form 144
3 terms
10b5-1 regulatory
"10b5-1 Sales for DAVID A DUFFIELD TRUST U/T/A 7/14/88"
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.
Private Placement financial
"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.
Form 144 regulatory
"144: Securities To Be Sold"
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.
FAQ
What did the WDAY filing disclose about the David A Duffield Trust sales?
The filing lists multiple 10b5-1 sales by the David A Duffield Trust, including repeated trades of 107,500 shares in March 2026 and a separate sale of 82,884 shares on 01/08/2026 with reported proceeds per trade.
Do the entries show proceeds for each David A Duffield Trust trade in the WDAY filing?
Yes. Each listed trade includes a monetary figure for proceeds, for example amounts in the range of $13,949,221.50 to $15,824,248.50 shown alongside specific trade dates and share counts.
Were the WDAY dispositions described as private placements or public sales?
The excerpt references a prior Private Placement and separately lists multiple 10b5-1 sales as the disposition method; the trade rows are sale events under a trading plan rather than new primary issuance.