WDAY Workday, Inc.

NEUTRAL Impact: 3/10 144
Horizon days Filed Jun 1, 2026 Processed 5d 2h ago SEC 0001950047-26-005381
Form 144 — notice of proposed sale of securities

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Executive Summary

David A. Duffield, Workday's co-founder and a 10% stockholder, filed a Form 144 on June 1, 2026, to sell 107,500 shares of common stock with an estimated aggregate market value of approximately $15.7 million. The sale is part of a pre-arranged 10b5-1 trading plan, with the trust having executed similar monthly sales of 107,500 shares since March 2026, indicating a systematic, non-discretionary liquidation pattern rather than a reactive insider move.

Actionable Insight

The sale is part of a pre-arranged 10b5-1 plan with a consistent monthly cadence, so it carries no new informational signal. Monitor for any deviation from the pattern (e.g., increased volume or plan termination) as a potential change in insider sentiment. No immediate trading action warranted.

Key Facts

  • David A. Duffield (co-founder, 10% stockholder) filed Form 144 to sell 107,500 shares.
  • Estimated aggregate market value of the proposed sale: $15,715,425.
  • Sale is under a 10b5-1 trading plan adopted on December 2, 2025.
  • The trust has sold 107,500 shares monthly since March 2026 under the same plan.
  • Shares were originally acquired via private placement on December 27, 2007.
  • Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.

Financial Impact

Proposed sale of 107,500 shares valued at ~$15.7M, representing approximately 0.04% of Workday's $36.1B market cap.

dilution

Risk Factors

  • Continued systematic insider selling could weigh on sentiment if other insiders follow suit.
  • No indication of distress or negative outlook from this filing alone.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
63% bullish (48 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001950047-26-005381
Document: 0001950047-26-005381-index.html0001950047-26-005381
Document: 0001950047-26-005381.txt0001950047-26-005381
5 reports for WDAY
Performance horizon

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Reports for WDAY — sortable, filterable
Type Now
Jun 1, 2026
5d ago
144
NEUTRAL ★ 3/10
awaiting T+20
May 5, 2026
4w ago
DEFA14A
NEUTRAL ★ 2/10
$122.62 $146.90▲ +19.80%▲ +17.02%$144.28 (+17.67%)
Apr 6, 2026
8w ago
Insider Cluster
BEARISH ★ 7/10
$129.61 $127.87▲ +1.34%▲ +10.33%$144.28 (−11.32%)
Mar 27, 2026
10w ago
Institutional Cluster
MIXED ★ 6/10
$124.06 $117.81▼ −5.04%▼ −17.78%$144.28 (+16.30%)
Feb 24, 2026
14w ago
8-K
BULLISH ★ 8/10
$132.51 $127.08▼ −4.10%▲ +1.14%$144.28 (+8.88%)
Showing 5 of 5

US Market Status

Market Closed — Opens Mon (14h 53m)

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