Mantia Linda Provie 4

What Happened Linda Mantia Provie, a director of Dayforce, disposed of equity in connection with Dayforce’s merger closing on February 4, 2026. The filing shows a disposition to the issuer of 22,861 shares at $70.00 per share for $1,600,270. Additional dispositions listed (2,380 shares and three derivative line items of 3,869; 2,721; and 4,744 shares) were recorded with N/A amounts because they represent RSUs and/or options converted or cancelled under the merger terms rather than open‑market sales.

Key Details

• Transaction date: February 4, 2026 (Effective Time of the merger).
• Reported cash proceeds: $1,600,270 from 22,861 shares at $70.00 each.
• Other items: 2,380 shares and derivative amounts (3,869; 2,721; 4,744) were cashed out or cancelled; dollar amounts not shown in the Form 4 lines.
• Why: Per the merger agreement, vested/unvested RSUs and vested options were converted to cash or cancelled; cash conversion used $70.00 per share (merger consideration).
• Shares owned after transaction: Not specified in the provided filing.
• Filing notes: Transactions reported by power of attorney (remark); no late-filing flag indicated.

Context These were not open-market sales driven by a director’s discretionary trading but the result of the merger closing (Dayforce became a wholly owned subsidiary and equity awards were cashed out). Footnotes in the filing explain RSUs were converted to a cash payout of $70/share, some vested options were converted to cash equal to the excess of $70 over the exercise price, and options with exercise prices at or above $70 were cancelled for no consideration. For retail investors, this is a routine M&A-driven disposition rather than a standalone insider bet on the stock.