Summary by Moomoo AI
Workday's 10% stockholder, DAVE & CHERYL DUFFIELD FOUNDATION, plans to sell 56,000 common shares on 12/23/2024. The aggregate market value of the shares to be sold is $15,290,240. These shares were originally acquired as Founders Shares on 04/01/2005.Over the past three months, the foundation has sold a total of 504,870 shares, generating gross proceeds of $126,330,289.9. Recent sales include 57,000 shares on 12/18/2024 for $15,692,813, 63,946 shares on 12/16/2024 for $17,684,809.84, and 70,003 shares on 12/02/2024 for $17,585,012.61.The notice for this planned sale was dated 12/23/2024, with the plan adoption or instruction given on 12/04/2023. This transaction is part of an ongoing series of sales by the foundation, indicating a systematic reduction of their holdings in Workday.