Workday executives and investors sell shares as stock steadies near $145
Chief Accounting Officer Mark S. Garfield sold 918 Workday Class A shares for about $131,000 on July 10, 2026 under a pre‑arranged Rule 10b5‑1 plan, retaining 73,718 shares valued at roughly $10.2 million. Chief Financial Officer Zane Rowe disposed of 6,000 shares on July 7, 2026 for $862,200, also via a Rule 10b5‑1 plan to cover tax withholdings. Earlier, co‑founder David A. Duffield sold 107,500 shares on June 30, 2026 for $13.1 million, cutting his holding by about 51 %.
Institutional investor Carnegie Investment Counsel reduced its Workday position by 70.3 % in the first quarter, selling 14,791 shares and ending the period with 6,242 shares worth $811,000. The company’s stock traded around $144.87, giving Workday a market capitalization near $36 billion. Recent earnings showed revenue growth of 13.5 % year‑over‑year, driven by its AI‑enabled cloud‑software platform.