Hollister Kathryn A 4

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.