Endava plc·4

Jul 2, 4:30 PM ET

Hollister Kathryn A 4

4 · Endava plc · Filed Jul 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Endava (DAVA) Director Kathryn A. Hollister Sells 261 Shares

What Happened

  • Kathryn A. Hollister, a director of Endava plc (DAVA), had 1,300 restricted share units (RSUs) vest on June 30, 2026 and these RSUs converted into Class A ordinary shares. The filing shows 1,300 shares acquired through conversion (derivative exercise/settlement). On the same date she sold 261 shares in the open market at a weighted average price of about $2.87–$2.89, generating proceeds of $754. The sale is reported as tax-withholding related to the RSU vesting.

Key Details

  • Transaction date: June 30, 2026; Filing date: July 2, 2026.
  • Vesting/conversion: 1,300 RSUs converted to shares (recorded as derivative exercise/conversion).
  • Open-market sale: 261 shares sold at a weighted avg price $2.87–$2.89; proceeds $754 (weighted average; individual sale prices ranged $2.87–$2.89).
  • Reason for sale: Footnote states these shares were sold to cover statutory tax withholding on RSU vesting.
  • Footnotes: F1 (ADS represent ordinary shares); F2–F3 (RSU = contingent right to 1 share; sale to cover withholding); F4 (weighted avg price disclosure); F5 (RSUs vested 6/30/2026).
  • Shares owned after transaction: not specified in the provided filing.
  • Filing timeliness: filing date is July 2, 2026 reporting 6/30/2026 transactions; no late-filing indication provided in this summary.

Context

  • This appears to be a routine RSU vesting with a portion of the shares sold to satisfy tax-withholding obligations (common practice and not necessarily a directional bet on the stock). The derivative entries reflect RSU settlement mechanics (conversion of units to shares), not an out-of-pocket stock purchase.

Insider Transaction Report

Form 4
Period: 2026-06-30
Transactions
  • Exercise/Conversion

    Class A Ordinary Shares

    [F1][F2]
    2026-06-30+1,30014,451 total
  • Sale

    Class A Ordinary Shares

    [F1][F3][F4]
    2026-06-30$2.89/sh261$75414,190 total
  • Exercise/Conversion

    Restricted Share Units

    [F2][F5]
    2026-06-301,3000 total
    Class A Ordinary Shares (1,300 underlying)
Footnotes (5)
  • [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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.87 to $2.89 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F5]The RSUs vested on June 30, 2026.
Signature
/s/ Rohit Bhoothalingam, Attorney-in-Fact|2026-07-02

Documents

1 file
  • 4
    form4-07022026_040710.xmlPrimary