Summary by Futu AI
Richard Sauer, an officer of Workday, Inc., is set to sell 3,677 shares of common stock on 01/07/2025. The aggregate market value of the shares to be sold is $934,472.78. These shares were acquired on 01/05/2025 as Restricted Stock Units from the issuer.The planned sale is part of a pre-arranged trading plan adopted on 06/07/2023. In the past three months, Sauer has sold 3,134 shares of common stock on 10/08/2024, generating gross proceeds of $738,936.09.This transaction reflects ongoing stock-based compensation practices at Workday, with executives periodically selling shares acquired through equity awards. Investors should note that such sales are often part of planned diversification or liquidity strategies and may not necessarily indicate a lack of confidence in the company.