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SEC EDGARSEP 91 min read$WDAY

DUFFIELD DAVID A sold $18.0M of WDAY

DUFFIELD DAVID A sold 90,615 shares of Workday, Inc. (WDAY) at an average of $198.14 ($195.81–$204.05, $17.95M total) across 8 trades on 2026-09-04 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · DUFFIELD DAVID A
Published Sep 9, 2026, 9:52 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 9, 2026, 9:57 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.
About AlphAI AI DeskScoring methodologyReport an issue
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 ownership to 105,049 shares, indicating a notable stake reduction.

02

Market read

Primary insider sale filing; modest trading relevance.

03

What to watch

Potential tax planning or diversification motives for the insider.

Relevance 6/10Novelty 6/10Timing: post‑market 2026‑09‑04

Background

Form 4 filing discloses insider transactions required by SEC regulations.

Company-level read

Ticker impact

$WDAYBearishMedium confidence
Context

Insider David A. Duffield sold ~18M USD of Workday shares via a 10b5‑1 plan on 2026‑09‑04.

Expected impact

Possible modest downside pressure over the next few days.

Evidence & confidence

The sale represents a significant stake reduction (~15% of holdings) and is disclosed via a primary Form 4 filing.

Market effects

Sector

Minimal impact on the broader enterprise‑software sector.

Regional

Limited to U.S. markets where Workday trades.

Global

Low global relevance.

Counterpoint

What could challenge this read

The sale could be a routine liquidity event unrelated to company outlook.

Key entities

  • company
    Workday, Inc.

    Enterprise‑software provider.

  • insider
    David A. Duffield

    Co‑founder and 10% owner of Workday.

Read at source← All news

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.

WDAY insider trading history →

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