Patrick Butcher discloses Endava (DAVA) shares and RSU holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Endava plc director Patrick Butcher filed an initial ownership report showing his equity position in the company. He directly holds 844 Class A Ordinary Shares.
He also holds restricted share units (RSUs) covering 2,424 underlying Class A Ordinary Shares that vest in two equal installments on March 31, 2026 and June 30, 2026, and additional RSUs covering 11,861 underlying Class A Ordinary Shares that vest on December 9, 2026. Each RSU represents a contingent right to receive one Class A Ordinary Share or, at Endava’s option, cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Butcher Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 2,424 shares (Direct);
Class A Ordinary Shares — 844 shares (Direct)
Footnotes (1)
- The Class A Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one ordinary share. The restricted share units ("RSUs") vest in 2 equal installments on March 31, 2026 and June 30, 2026. Each RSU represents a contingent right to receive one Issuer Class A Ordinary Share or, at the option of the Issuer, cash. The RSUs vest on December 9, 2026.
FAQ
What does Patrick Butcher’s Form 3 filing show for Endava plc (DAVA)?
The filing shows Patrick Butcher’s initial ownership in Endava. He holds 844 Class A Ordinary Shares and restricted share units tied to 2,424 and 11,861 additional shares, reflecting his current equity-based stake as a director in the company.
When do Patrick Butcher’s Endava (DAVA) RSUs vest?
One RSU grant vests in two equal installments on March 31, 2026 and June 30, 2026, tied to 2,424 underlying shares. A separate RSU grant tied to 11,861 underlying shares vests fully on December 9, 2026, assuming applicable conditions are met.
What does each RSU represent in Patrick Butcher’s Endava (DAVA) holdings?
Each restricted share unit represents a contingent right to receive one Endava Class A Ordinary Share or, at the company’s option, cash. This means eventual value depends on vesting and whether Endava settles the award in shares or cash at that time.