Trust plans resale of 107,500 shares (WDAY) — Form 144 notice
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
DAVID A DUFFIELD TRUST U/T/A 7/14/88 submitted a notice proposing the resale of 107,500 shares of Common Stock under a 10b5-1 plan. The excerpt lists multiple 10b5-1 sale executions dated 06/01/2026 through 07/06/2026 with per-trade proceeds shown.
Positive
- None.
Negative
- None.
Insights
Form 144 notice documents routine 10b5-1 disposals by a trust.
The filing lists a proposed resale of 107,500 shares and shows a sequence of executed 10b5-1 sales dated 06/01/2026 to 07/06/2026. Amounts received per listed trade are shown in dollars next to each date.
These entries indicate planned or executed trustee sales under a trading plan; cash-flow treatment is to the listed trust as seller. Subsequent SEC filings or broker confirmations would show final settlement details.
Key Figures
Shares proposed for resale: 107,500 shares
Proceeds example on 07/06/2026: $14,538,267.75
Proceeds example on 06/01/2026: $16,838,800.00
+2 more
5 metrics
Shares proposed for resale
107,500 shares
listed in securities and sales lines
Proceeds example on 07/06/2026
$14,538,267.75
10b5-1 sale dated <date>07/06/2026</date>
Proceeds example on 06/01/2026
$16,838,800.00
10b5-1 sale dated <date>06/01/2026</date>
Proceeds example on 06/04/2026
$16,077,366.75
10b5-1 sale dated <date>06/04/2026</date>
Broker/dealer
Morgan Stanley Smith Barney LLC
listed as executing broker in securities section
Key Terms
10b5-1, Form 144, Private Placement
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.
Form 144 regulatory
"Filer Information | 144: Filer Information"
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 sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
FAQ
What does the Form 144 filing for WDAY show?
It shows a trust proposing the resale of 107,500 shares under a 10b5-1 plan. The excerpt lists multiple executed sale dates and associated dollar amounts for each trade between 06/01/2026 and 07/06/2026.
Who is the seller named in the filing for WDAY?
The seller is identified as the DAVID A DUFFIELD TRUST U/T/A 7/14/88. Mailing/address details for the trust appear in the excerpt alongside the listed 10b5-1 sales entries.
Are sale proceeds shown in the excerpt?
Yes. Each listed 10b5-1 sale entry includes a dollar amount representing proceeds, for example $16,838,800.00 on 06/01/2026 and $14,538,267.75 on 07/06/2026, as shown in the excerpt.