Hollister Kathryn A 4

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).