Butcher Patrick 4

4 · Endava plc · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 3, 2026

Endava (DAVA) Director Patrick Butcher Receives 1,212 RSU Shares; Sells 533

What Happened

Patrick Butcher, a director of Endava plc (DAVA), had 1,212 restricted share units (RSUs) vest on June 30, 2026. The RSUs converted into 1,212 Class A Ordinary Shares (reported as a derivative conversion). To cover statutory tax withholding, 533 of those shares were sold in the open market at a weighted-average price of $2.88, generating proceeds of $1,535. The filing also shows the RSU/derivative settlement recorded as a $0 disposition (the derivative was settled).

Key Details

Transaction date: 2026-06-30 (vesting/conversion and sale). Form 4 filed: 2026-07-02 (appears to be within the normal 2-business-day reporting window).
Sale details: 533 shares sold on the open market at a weighted-average price of $2.88 (prices ranged $2.87–$2.89).
Vesting details: 1,212 RSUs vested and converted into 1,212 shares; the derivative was settled (disposed) at $0 as part of that conversion.
Proceeds: $1,535 from the 533-share sale.
Shares owned after transaction: Not reported in the provided filing excerpt.
Notable footnotes: F2–F5 explain that these were RSUs (each representing one Class A share or cash at issuer option), the RSUs vested on 6/30/2026, and 533 shares were sold to cover tax withholding. F1 notes ADS representation (each ADS currently equals one ordinary share).
Filing timeliness: Filed July 2, 2026 for a June 30 transaction — appears timely.

Context

This was a routine RSU vesting event with a partial share sale to satisfy tax withholding (a common, non-speculative administrative action). The net increase to Butcher’s holdings equals the vested shares minus the sold-for-taxes shares (1,212 − 533 = 679 net shares received). The dollar amount involved is small ($1,535 proceeds) and does not indicate a market-positioning purchase.

Form 4

Period: 2026-06-30

Director

Transactions

Exercise/Conversion
Class A Ordinary Shares
[F1][F2]
2026-06-30+1,212→ 10,311 total
Sale
Class A Ordinary Shares
[F1][F3][F4]
2026-06-30$2.88/sh−533$1,535→ 9,778 total
Exercise/Conversion
Restricted Share Units
[F2][F5]
2026-06-30−1,212→ 0 total
→ Class A Ordinary Shares (1,212 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

1 file