Workday Officer Plans $1.4M Stock Sale via 10b5-1 Plan
Workday, Inc.
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Filing Summary
Workday Officer Plans $1.4M Stock Sale via 10b5-1 Plan
Company: Workday, Inc. (WDAY) Form: 144 | Filed: 2025-12-19 Significance: Low
Insider: GERRIT KAZMAIER Relationship: Officer
Transaction (Proposed Sale): • Type: Sale • Shares: 6,547 • Value: $1,427,769.76 • Price/Share (approx): $218.12
Key Insight: An officer has filed intent to sell shares valued at approximately $1.43M. The sale is pre-scheduled under a 10b5-1 trading plan, reducing its significance as an indicator of current insider sentiment.
Market Context: The transaction represents a negligible fraction (0.0023%) of Workday's $61.63B market cap, indicating a routine liquidity event for the insider rather than a strategic move.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: Workday, Inc. (WDAY)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An officer at Workday has filed a notice of intent to sell approximately $1.43 million worth of common stock, acquired through the vesting of restricted stock units (RSUs).
- Market Impact: The transaction is considered routine and is unlikely to have a material impact on the stock price, given its small size relative to the company's market capitalization and the fact it is executed under a pre-arranged 10b5-1 trading plan.
Company Information
| Field | Value |
|---|---|
| Company | Workday, Inc. |
| Ticker Symbol | WDAY |
| CIK | 0001327811 |
| Industry | SERVICES-COMPUTER PROCESSING & DATA PREPARATION |
Insider Information
| Field | Value |
|---|---|
| Name | GERRIT KAZMAIER |
| CIK | 0002060774 |
| Title/Position | Not Specified |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025/12/19 (Approximate Sale Date) |
| Transaction Code | N/A (Form 144) |
| Security Type | Common |
| Shares Involved | 6,547 |
| Price Per Share | $218.12 (Approximate) |
| Total Value | $1,427,769.76 |
| Shares Owned After | Not Disclosed |
| Ownership Type | Not Disclosed |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $1,427,769.76 |
| % of Market Cap | 0.0023% |
| Shares Transacted | 6,547 |
| % of Shares Outstanding | 0.0030% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $1.43M sale is negligible compared to Workday's market capitalization of $61.63 billion. Such transactions are common for executives at large-cap companies for personal financial management.
- Transaction Significance: The sale represents a tiny fraction of both the market cap and shares outstanding, classifying it as a low-significance event. It does not signal a material change in the insider's outlook on the company.
Additional Context
Transaction Notes
- Special Circumstances: The filing indicates this proposed sale is pursuant to a Rule 10b5-1 trading plan adopted on September 19, 2025. This means the decision to sell was made in advance, further reducing the informational value of the sale as a real-time indicator of insider sentiment.
- Source of Shares: The shares were acquired through the vesting of Restricted Stock Units (RSUs), a common form of executive compensation. Selling vested shares is a standard practice for liquidity and tax purposes.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.