Workday Insiders Sell Over $13.9 Million Worth of Shares in Recent Transactions

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Samiat

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Nov 12, 2024
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Workday Insiders Sell Over $13.9 Million Worth of Shares in Recent Transactions

Two significant insider transactions were reported for Workday Inc. (WDAY) on January 13, 2025:

  1. Chief Accounting Officer's Sale
    Garfield Mark S., Workday's Chief Accounting Officer, sold 472 shares of Class A Common Stock at a weighted average price of $248.24, totaling $117,169. This sale was conducted under a Rule 10b5-1 trading plan adopted on October 12, 2024. Following the transaction, Garfield directly owns 35,408 shares, including 34,937 restricted stock units.
  2. 10% Owner's Major Sale
    David A. Duffield, a 10% owner, sold 56,000 shares of Workday stock for $13,799,530. According to a recent SEC Form 4 filing, Duffield retains control over 162,997 shares, with 102,997 held directly and 60,000 controlled indirectly.