Summary by Moomoo AI
Workday's 10% stockholder, DAVE & CHERYL DUFFIELD FOUNDATION, plans to sell 56,000 common shares on 12/30/2024. The aggregate market value of the shares to be sold is $14,909,440. 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 $127,603,281.9. Recent sales include 56,000 shares on 12/23/2024 for $14,878,925.6, and 57,000 shares on 12/18/2024 for $15,692,813.The sale is part of a plan adopted on 12/04/2023. This transaction continues a pattern of significant share disposals by the foundation, indicating a ongoing reduction in their Workday holdings.