Hollister Kathryn A 4
4 · Endava plc · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Endava (DAVA) Director Kathryn Hollister Exercises RSUs, Sells 264 Shares
What Happened
- Kathryn A. Hollister, a director of Endava plc (DAVA), had 1,300 restricted share units (RSUs) convert to Class A ordinary shares on March 31, 2026 (reported as exercise/conversion, code M). Immediately following the conversion, 264 of those shares were sold in an open-market trade on April 1, 2026 at $4.42 per share, generating $1,167. The RSU conversion is recorded as a derivative exercise/disposition (no cash proceeds for the conversion itself).
Key Details
- Transaction dates and prices:
- 2026-03-31: RSU conversion/exercise (1,300 shares) — conversion recorded (no purchase price).
- 2026-04-01: Open-market sale of 264 shares at $4.42 each, proceeds $1,167.
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes:
- F1: ADS may represent one ordinary share.
- F2/F4: Each RSU converts to one Class A share (or cash); these RSUs vest in two equal installments (Mar 31, 2026 and Jun 30, 2026).
- F3: The 264-share sale represents the shares required to be sold to cover statutory tax withholding on the RSU vesting.
- Filing timeliness: No late filing was indicated in the provided information.
Context
- This was a routine vesting/conversion of RSUs, not an independent open-market purchase. The subsequent small open-market sale appears to be a tax-withholding sale (a common, administrative action) rather than a bet on the stock. For derivative entries: “M” indicates exercise/conversion of a derivative (here, RSUs converting into ordinary shares).
Insider Transaction Report
Form 4
Endava plcDAVA
Hollister Kathryn A
Director
Transactions
- Exercise/Conversion
Class A Ordinary Shares
[F1][F2]2026-03-31+1,300→ 13,415 total - Sale
Class A Ordinary Shares
[F1][F3]2026-04-01$4.42/sh−264$1,167→ 13,151 total - Exercise/Conversion
Restricted Share Units
[F2][F4]2026-03-31−1,300→ 1,300 total→ Class A Ordinary Shares (1,300 underlying)
Footnotes (4)
- [F1]The Class A Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one ordinary share.
- [F2]Each restricted share unit ("RSU") represents a contingent right to receive one Issuer Class A Ordinary Share or, at the option of the Issuer, cash.
- [F3]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted share units.
- [F4]The RSUs vested or will vest in 2 equal installments on March 31, 2026 and June 30, 2026.
Signature
/s/ Rohit Bhoothalingam, Attorney-in-Fact|2026-04-02