Summary by Futu AI
The David A Duffield Trust, a 10% stockholder of Workday, Inc., plans to sell 67,822 shares of common stock on 01/02/2025. The aggregate market value of the shares to be sold is $17,500,110.66. These shares were originally acquired through a private placement from the issuer on 12/27/2007.Over the past three months, the trust has sold a total of 489,269 shares, generating gross proceeds of $125,034,374.31. The most recent sales include 56,000 shares on 12/30/2024 for $14,657,899.20, and another 56,000 shares on 12/23/2024 for $14,878,925.60.The notice for this planned sale was dated 01/02/2025, with the plan adoption or instruction given on 12/04/2023. This transaction is part of an ongoing series of stock sales by the trust, indicating a systematic reduction of its holdings in Workday.