10% owner David Duffield sold 107,500 shares of WDAY for $16.8M via 9 scheduled transactions, retaining 105,049 shares plus substantial derivative holdings.
David A Duffield, a 10% owner of Workday, executed 9 separate sales totaling 107,500 shares for $16,838,802.92 at a blended average price of $156.64 on June 1, 2026. This represents a 50.6% reduction of his non-derivative holdings (from 212,549 to 105,049 shares), though he retains substantial derivative holdings of 37,421,334 Class B Common Stock shares. The transaction is part of a pre-arranged 10b5-1 trading plan, indicating it was scheduled rather than discretionary. Duffield's prior open-market sales across all tickers averaged +19.4% return over 90 days, while his five prior sales at WDAY showed strong subsequent performance ranging from +28.2% to +34.0% over the same period, suggesting his prior exits have coincided with near-term stock appreciation. The company reported $2.5B in latest quarterly revenue with $222.0M net income and +13.1% annual revenue growth, providing operational context for the transaction.