Kazmaier Gerrit S sold $511K of WDAY
Kazmaier Gerrit S (President, Prod. and Tech.) sold 2,729 shares of Workday, Inc. (WDAY) at an average of $187.28 ($184.85–$189.49, $0.51M total) across 5 trades on 2026-10-06 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale reduces the insider's holding but is unlikely to move the stock significantly given its modest size.
Market read
Primary insider sale filing with modest monetary impact; low trading relevance.
What to watch
Potential upcoming earnings or product announcements could offset any negative sentiment.
Background
Form 4 filings disclose insider transactions; a 10b5‑1 plan allows pre‑scheduled sales, often viewed as neutral.
Ticker impact
President Gerrit S. Kazmaier sold 2,729 Workday shares for $511K via a 10b5‑1 plan, reducing his stake to 251,314 shares.
likely modest downward pressure as the market prices the insider sell
The sale is a primary Form 4 filing, but the amount is modest ($511K) and the insider is a senior executive, so impact is limited.
Market effects
Minimal effect on the broader HR‑software sector.
No significant regional impact.
Limited to investors tracking insider activity.
Counterpoint
The sale could be routine under a 10b5‑1 plan and not indicative of future performance.
Key entities
- companyWorkday, Inc.
Provider of cloud‑based HR and finance software.
- personGerrit S. Kazmaier
President, Product and Technology at Workday.
