Workday insider activity
What the executives and directors of Workday actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$574M
net open-market flow, 12 m
0 open-market buys, 12 m
100%
of sale value on 10b5-1 plans, 12 m
1,164 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 159 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Oct 5, 2026 | BHUSRI ANEEL | 8,502 |
| Oct 5, 2026 | Rowe Zane | 10K |
| Oct 5, 2026 | Garfield Mark S. | 3,491 |
| Oct 5, 2026 | Sauer Richard Harry | 6,783 |
| Oct 5, 2026 | Enslin Robert | 5,634 |
| Oct 5, 2026 | Kazmaier Gerrit S | 8,976 |
| Sep 5, 2026 | Rowe Zane | 2,808 |
| Sep 5, 2026 | Enslin Robert | 2,228 |
| Sep 5, 2026 | Kazmaier Gerrit S | 3,369 |
| Jul 5, 2026 | BHUSRI ANEEL | 8,501 |
| Jul 5, 2026 | Rowe Zane | 7,953 |
| Jul 5, 2026 | Garfield Mark S. | 3,490 |
| Jul 5, 2026 | Sauer Richard Harry | 6,782 |
| Jul 5, 2026 | Enslin Robert | 5,634 |
| Jul 5, 2026 | Kazmaier Gerrit S | 8,976 |
| Jun 16, 2026 | YANG JERRY | 3,116 |
| Jun 16, 2026 | BOGAN THOMAS F | 3,076 |
| Jun 16, 2026 | STILL GEORGE J JR | 3,116 |
| Jun 16, 2026 | MCNAMARA MICHAEL M | 2,366 |
| Jun 16, 2026 | Hawkins Mark J | 2,366 |
| Jun 16, 2026 | Speiser Michael L | 2,879 |
| Jun 16, 2026 | Centoni Elizabeth | 2,366 |
| Jun 16, 2026 | MORRIS RHONDA J | 2,366 |
| Jun 16, 2026 | Frederick Wayne A.I. | 2,366 |
| Jun 16, 2026 | Doughtie Lynne M | 2,366 |
| Jun 5, 2026 | Rowe Zane | 2,808 |
| Jun 5, 2026 | Enslin Robert | 2,228 |
| Jun 5, 2026 | Kazmaier Gerrit S | 3,369 |
| May 5, 2026 | Rowe Zane | 87K |
| May 5, 2026 | Garfield Mark S. | 23K |
| May 5, 2026 | Sauer Richard Harry | 99K |
| May 5, 2026 | Enslin Robert | 87K |
| May 5, 2026 | Kazmaier Gerrit S | 116K |
| Apr 5, 2026 | BHUSRI ANEEL | 16K |
| Apr 5, 2026 | Rowe Zane | 9,140 |
| Apr 5, 2026 | Garfield Mark S. | 2,284 |
| Apr 5, 2026 | Sauer Richard Harry | 7,051 |
| Apr 5, 2026 | Enslin Robert | 3,487 |
| Apr 5, 2026 | Kazmaier Gerrit S | 12K |
| Mar 5, 2026 | BHUSRI ANEEL | 438K |
| Mar 5, 2026 | Rowe Zane | 68K |
| Mar 5, 2026 | Enslin Robert | 68K |
| Mar 5, 2026 | Kazmaier Gerrit S | 82K |
| Feb 26, 2026 | BHUSRI ANEEL | 9,182 |
| Feb 26, 2026 | Rowe Zane | 5,968 |
| Feb 26, 2026 | Sauer Richard Harry | 4,132 |
| Feb 5, 2026 | Eschenbach Carl M. | 1,674 |
| Jan 8, 2026 | Eschenbach Carl M. | 13K |
| Jan 5, 2026 | BHUSRI ANEEL | 7,852 |
| Jan 5, 2026 | Rowe Zane | 3,310 |
| Jan 5, 2026 | Garfield Mark S. | 1,133 |
| Jan 5, 2026 | Sauer Richard Harry | 3,549 |
| Jan 5, 2026 | Enslin Robert | 13K |
| Jan 5, 2026 | Kazmaier Gerrit S | 2,427 |
| Dec 5, 2025 | Eschenbach Carl M. | 11K |
| Dec 2, 2025 | DUFFIELD DAVID A | 2.5M |
| Nov 5, 2025 | Eschenbach Carl M. | 1,674 |
| Oct 9, 2025 | STILL GEORGE J JR | 15K |
| Oct 5, 2025 | BHUSRI ANEEL | 8,486 |
| Oct 5, 2025 | Eschenbach Carl M. | 4,571 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 1.1M |
| Vested / exercised | 6.1M |
| Withheld for tax | 202K |
| Planned sales (10b5-1) | 3.6M |
| Gifts | 2.5M |
| Kept | 806K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| BHUSRI ANEEL | 373K | 992K | 265.7 |
| Rowe Zane | 165K | 270K | 163.3 |
| Kazmaier Gerrit S | 124K | 251K | 203.1 |
| Enslin Robert | 142K | 226K | 159.6 |
Who holds what
the 14 largest holdings of 22| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| BHUSRI ANEEL Chief Executive Officer Last trade Jan 5, 2024 | CEO | 992K | – | – | Jan 5, 2024 | |
| Eschenbach Carl M. CEO Last trade Jan 5, 2026 | CEO | 640K | – | $656K | net selling over the year: 0 months buying, 1 month selling | Jan 5, 2026 |
| Rowe Zane Chief Financial Officer Last trade Oct 6, 2026 | CFO | 275K | – | $4.0M | net selling over the year: 0 months buying, 4 months selling | Oct 6, 2026 |
| Kazmaier Gerrit S President, Prod. and Tech. Last trade Oct 6, 2026 | Officer | 254K | – | $4.3M | net selling over the year: 0 months buying, 5 months selling | Oct 6, 2026 |
| Enslin Robert President, CCO Last trade Oct 5, 2026 | Officer | 232K | – | $7.1M | net selling over the year: 0 months buying, 4 months selling | Oct 5, 2026 |
| DUFFIELD DAVID A Last trade Oct 9, 2026 | 10% owner | 230K | – | $557M | net selling over the year: 0 months buying, 8 months selling | Oct 9, 2026 |
| Robinson Douglas A. Co-President Last trade Aug 26, 2024 | Officer | 192K | – | – | Aug 26, 2024 | |
| Bozzini James COO Last trade Jan 5, 2024 | COO | 169K | – | – | Jan 5, 2024 | |
| Sauer Richard Harry Chief Legal Officer & Secty Last trade Jan 6, 2026 | Officer | 168K | – | $237K | net selling over the year: 0 months buying, 1 month selling | Jan 6, 2026 |
| Davies Christa Last trade Jun 7, 2023 | Director | 136K | – | – | Jun 7, 2023 | |
| Chakraborty Sayan President, Prod. and Tech. Last trade Feb 27, 2025 | Officer | 126K | – | – | Feb 27, 2025 | |
| YANG JERRY | Director | 101K | – | – | – | |
| Garfield Mark S. Chief Accounting Officer Last trade Oct 12, 2026 | Officer | 69K | – | $683K | net selling over the year: 0 months buying, 4 months selling | Oct 12, 2026 |
| BOGAN THOMAS F | Director | 52K | – | – | – |
Open-market trade log
the 60 most recent of 3,544| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Oct 12, 2026 | Garfield Mark S. (Officer) 918 shares $189.45 −0.9% since trade filed Oct 14, 2026 | Planned sale (10b5-1) | 918 | $189.45 | $174K | −0.9% | Oct 14, 2026 |
| Oct 9, 2026 | DUFFIELD DAVID A (10% owner) 1,502 shares $190.96 −1.7% since trade filed Oct 13, 2026 | Planned sale (10b5-1) | 1,502 | $190.96 | $287K | −1.7% | Oct 13, 2026 |
| Oct 9, 2026 | DUFFIELD DAVID A (10% owner) 10K shares $190.13 −1.2% since trade filed Oct 13, 2026 | Planned sale (10b5-1) | 10K | $190.13 | $2.0M | −1.2% | Oct 13, 2026 |
| Oct 9, 2026 | DUFFIELD DAVID A (10% owner) 13K shares $189.36 −0.8% since trade filed Oct 13, 2026 | Planned sale (10b5-1) | 13K | $189.36 | $2.4M | −0.8% | Oct 13, 2026 |
| Oct 9, 2026 | DUFFIELD DAVID A (10% owner) 14K shares $188.19 −0.2% since trade filed Oct 13, 2026 | Planned sale (10b5-1) | 14K | $188.19 | $2.7M | −0.2% | Oct 13, 2026 |
| Oct 9, 2026 | DUFFIELD DAVID A (10% owner) 14K shares $186.92 +0.5% since trade filed Oct 13, 2026 | Planned sale (10b5-1) | 14K | $186.92 | $2.7M | +0.5% | Oct 13, 2026 |
| Oct 9, 2026 | DUFFIELD DAVID A (10% owner) 47K shares $186.36 +0.8% since trade filed Oct 13, 2026 | Planned sale (10b5-1) | 47K | $186.36 | $8.7M | +0.8% | Oct 13, 2026 |
| Oct 6, 2026 | DUFFIELD DAVID A (10% owner) 2,800 shares $184.80 +1.6% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 2,800 | $184.80 | $517K | +1.6% | Oct 7, 2026 |
| Oct 6, 2026 | DUFFIELD DAVID A (10% owner) 10K shares $187.77 +0.0% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 10K | $187.77 | $1.9M | +0.0% | Oct 7, 2026 |
| Oct 6, 2026 | DUFFIELD DAVID A (10% owner) 10K shares $185.86 +1.0% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 10K | $185.86 | $1.9M | +1.0% | Oct 7, 2026 |
| Oct 6, 2026 | DUFFIELD DAVID A (10% owner) 11K shares $189.39 −0.9% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 11K | $189.39 | $2.0M | −0.9% | Oct 7, 2026 |
| Oct 6, 2026 | DUFFIELD DAVID A (10% owner) 20K shares $188.64 −0.5% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 20K | $188.64 | $3.7M | −0.5% | Oct 7, 2026 |
| Oct 6, 2026 | DUFFIELD DAVID A (10% owner) 46K shares $186.66 +0.6% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 46K | $186.66 | $8.6M | +0.6% | Oct 7, 2026 |
| Oct 6, 2026 | Rowe Zane (CFO) 300 shares $184.99 +1.5% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 300 | $184.99 | $55K | +1.5% | Oct 7, 2026 |
| Oct 6, 2026 | Rowe Zane (CFO) 800 shares $189.25 −0.8% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 800 | $189.25 | $151K | −0.8% | Oct 7, 2026 |
| Oct 6, 2026 | Rowe Zane (CFO) 1,000 shares $187.17 +0.3% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 1,000 | $187.17 | $187K | +0.3% | Oct 7, 2026 |
| Oct 6, 2026 | Rowe Zane (CFO) 1,100 shares $188.41 −0.3% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 1,100 | $188.41 | $207K | −0.3% | Oct 7, 2026 |
| Oct 6, 2026 | Rowe Zane (CFO) 2,800 shares $186.45 +0.7% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 2,800 | $186.45 | $522K | +0.7% | Oct 7, 2026 |
| Oct 6, 2026 | Kazmaier Gerrit S (Officer) 200 shares $184.85 +1.6% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 200 | $184.85 | $37K | +1.6% | Oct 7, 2026 |
| Oct 6, 2026 | Kazmaier Gerrit S (Officer) 500 shares $186.85 +0.5% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 500 | $186.85 | $93K | +0.5% | Oct 7, 2026 |
| Oct 6, 2026 | Kazmaier Gerrit S (Officer) 500 shares $188.43 −0.4% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 500 | $188.43 | $94K | −0.4% | Oct 7, 2026 |
| Oct 6, 2026 | Kazmaier Gerrit S (Officer) 500 shares $189.49 −0.9% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 500 | $189.49 | $95K | −0.9% | Oct 7, 2026 |
| Oct 6, 2026 | Kazmaier Gerrit S (Officer) 1,029 shares $186.32 +0.8% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 1,029 | $186.32 | $192K | +0.8% | Oct 7, 2026 |
| Oct 5, 2026 | Enslin Robert (Officer) 221 shares $188.81 −0.6% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 221 | $188.81 | $42K | −0.6% | Oct 7, 2026 |
| Oct 5, 2026 | Enslin Robert (Officer) 626 shares $188.19 −0.2% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 626 | $188.19 | $118K | −0.2% | Oct 7, 2026 |
| Oct 5, 2026 | Enslin Robert (Officer) 736 shares $185.58 +1.2% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 736 | $185.58 | $137K | +1.2% | Oct 7, 2026 |
| Oct 5, 2026 | Enslin Robert (Officer) 1,700 shares $186.39 +0.7% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 1,700 | $186.39 | $317K | +0.7% | Oct 7, 2026 |
| Oct 5, 2026 | Enslin Robert (Officer) 2,091 shares $187.44 +0.2% since trade filed Oct 7, 2026 | Planned sale (10b5-1) | 2,091 | $187.44 | $392K | +0.2% | Oct 7, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 600 shares $192.26 −2.3% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 600 | $192.26 | $115K | −2.3% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 1,500 shares $194.77 −3.6% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 1,500 | $194.77 | $292K | −3.6% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 1,809 shares $188.34 −0.3% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 1,809 | $188.34 | $341K | −0.3% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 3,800 shares $190.85 −1.6% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 3,800 | $190.85 | $725K | −1.6% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 3,900 shares $191.48 −1.9% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 3,900 | $191.48 | $747K | −1.9% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 4,600 shares $194.03 −3.2% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 4,600 | $194.03 | $893K | −3.2% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 4,764 shares $187.50 +0.2% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 4,764 | $187.50 | $893K | +0.2% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 5,300 shares $183.86 +2.1% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 5,300 | $183.86 | $974K | +2.1% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 9,035 shares $184.69 +1.7% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 9,035 | $184.69 | $1.7M | +1.7% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 14K shares $185.72 +1.1% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 14K | $185.72 | $2.6M | +1.1% | Oct 5, 2026 |
| Oct 1, 2026 | DUFFIELD DAVID A (10% owner) 49K shares $186.55 +0.7% since trade filed Oct 5, 2026 | Planned sale (10b5-1) | 49K | $186.55 | $9.1M | +0.7% | Oct 5, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 1,100 shares $186.80 +0.5% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 1,100 | $186.80 | $205K | +0.5% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 1,700 shares $185.78 +1.1% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 1,700 | $185.78 | $316K | +1.1% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 1,904 shares $184.67 +1.7% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 1,904 | $184.67 | $352K | +1.7% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 2,000 shares $182.67 +2.8% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 2,000 | $182.67 | $365K | +2.8% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 3,496 shares $183.88 +2.1% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 3,496 | $183.88 | $643K | +2.1% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 3,904 shares $190.60 −1.5% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 3,904 | $190.60 | $744K | −1.5% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 23K shares $189.84 −1.1% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 23K | $189.84 | $4.4M | −1.1% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 24K shares $188.13 −0.2% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 24K | $188.13 | $4.5M | −0.2% | Sep 30, 2026 |
| Sep 28, 2026 | DUFFIELD DAVID A (10% owner) 38K shares $188.94 −0.6% since trade filed Sep 30, 2026 | Planned sale (10b5-1) | 38K | $188.94 | $7.2M | −0.6% | Sep 30, 2026 |
| Sep 23, 2026 | DUFFIELD DAVID A (10% owner) 1,776 shares $189.69 −1.0% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 1,776 | $189.69 | $337K | −1.0% | Sep 24, 2026 |
| Sep 23, 2026 | DUFFIELD DAVID A (10% owner) 1,875 shares $193.62 −3.0% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 1,875 | $193.62 | $363K | −3.0% | Sep 24, 2026 |
| Sep 23, 2026 | DUFFIELD DAVID A (10% owner) 2,324 shares $188.92 −0.6% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 2,324 | $188.92 | $439K | −0.6% | Sep 24, 2026 |
| Sep 23, 2026 | DUFFIELD DAVID A (10% owner) 4,849 shares $190.95 −1.7% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 4,849 | $190.95 | $926K | −1.7% | Sep 24, 2026 |
| Sep 23, 2026 | DUFFIELD DAVID A (10% owner) 25K shares $192.84 −2.6% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 25K | $192.84 | $4.8M | −2.6% | Sep 24, 2026 |
| Sep 23, 2026 | DUFFIELD DAVID A (10% owner) 64K shares $192.10 −2.3% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 64K | $192.10 | $12M | −2.3% | Sep 24, 2026 |
| Sep 18, 2026 | DUFFIELD DAVID A (10% owner) 12K shares $195.73 −4.1% since trade filed Sep 21, 2026 | Planned sale (10b5-1) | 12K | $195.73 | $2.4M | −4.1% | Sep 21, 2026 |
| Sep 18, 2026 | DUFFIELD DAVID A (10% owner) 35K shares $194.04 −3.2% since trade filed Sep 21, 2026 | Planned sale (10b5-1) | 35K | $194.04 | $6.8M | −3.2% | Sep 21, 2026 |
| Sep 18, 2026 | DUFFIELD DAVID A (10% owner) 47K shares $194.91 −3.7% since trade filed Sep 21, 2026 | Planned sale (10b5-1) | 47K | $194.91 | $9.2M | −3.7% | Sep 21, 2026 |
| Sep 15, 2026 | DUFFIELD DAVID A (10% owner) 3,868 shares $194.39 −3.4% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 3,868 | $194.39 | $752K | −3.4% | Sep 17, 2026 |
| Sep 15, 2026 | DUFFIELD DAVID A (10% owner) 17K shares $191.63 −2.0% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 17K | $191.63 | $3.4M | −2.0% | Sep 17, 2026 |
| Sep 15, 2026 | DUFFIELD DAVID A (10% owner) 24K shares $193.57 −3.0% since trade filed Sep 17, 2026 | Planned sale (10b5-1) | 24K | $193.57 | $4.6M | −3.0% | Sep 17, 2026 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
292 Forms 4, 3 years
7 filed late
1 amendments
2.3 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.