$WDAY

DUFFIELD DAVID A sold $18.9M of WDAY

DUFFIELD DAVID A sold 94,961 shares of Workday, Inc. (WDAY) at an average of $199.29 ($197.38–$204.92, $18.92M total) across 9 trades on 2026-09-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · DUFFIELD DAVID A
Published Sep 3, 2026, 8:25 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 3, 2026, 11:11 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$WDAY
Bearish
medium confidence
Mentioned
$WDAY
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$WDAYBearishLow
01

Why it matters

The disclosed sale reduces the insider's holding but does not indicate any operational change at Workday.

02

Market read

Primary insider sale filing; modest relevance for traders monitoring insider activity.

03

What to watch

Potential tax planning or diversification motives; no change in company fundamentals.

Relevance 6/10Novelty 6/10Timing: post-market 2026-09-01

Background

Form 4 filings disclose insider transactions; a 10b5-1 plan allows pre‑scheduled sales.

Company-level read

Ticker impact

$WDAYBearishMedium confidence
Context

Insider David A. Duffield sold ~94,961 shares for $18.9M via a 10b5-1 plan, reducing his stake to 105,049 shares.

Expected impact

Possible modest downside pressure in the near term.

Evidence & confidence

The sale amount is significant for a single insider and disclosed via a primary Form 4 filing, but no accompanying corporate news suggests a direct catalyst.

Market effects

Minimal; insider activity does not materially affect the broader enterprise software sector.

None; the filing is U.S.-focused.

Low; limited to investors tracking Workday.

Counterpoint

The sale could be a routine liquidity event under a pre‑arranged plan, not a bearish signal.

Key entities

  • Workday, Inc.

    Enterprise cloud‑software provider.

  • David A. Duffield

    Co‑founder and 10% owner of Workday.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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