Endava (NYSE: DAVA) CFO details Class A, B and RSU stakes

Rhea-AI Filing Summary

Endava plc’s Chief Financial Officer Mark Stuart Thurston filed an initial Form 3 reporting his equity holdings. He directly owns 45,633 Class A Ordinary Shares and 4,250 Class B Ordinary Shares, which are convertible into Class A shares. He also holds vested and unvested share options and restricted share units tied to Class A Ordinary Shares, with RSUs scheduled to vest in equal annual installments between October 31, 2026 and October 31, 2028. This filing records existing ownership rather than new share purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Thurston Mark Stuart

(Last) (First) (Middle)

C/O ENDAVA PLC

125 OLD BROAD STREET

(Street)

LONDON EC2N 1AR

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Endava plc [ DAVA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares(1)	45,633	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(2)	(2)	Class A Ordinary Shares	4,250	(2)	D
Share Option (right to buy)	(3)	12/01/2032	Class A Ordinary Shares	155	$69.47	D
Share Option (right to buy)	(4)	12/01/2033	Class A Ordinary Shares	218	$49.34	D
Share Option (right to buy)	(5)	04/01/2035	Class A Ordinary Shares	240	$21.72	D
Restricted Share Units	(6)	(6)	Class A Ordinary Shares	4,209	(7)	D
Restricted Share Units	(8)	(8)	Class A Ordinary Shares	49,818	(7)	D

Explanation of Responses:

1. The Class A Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one ordinary share.

2. Each Class B Ordinary Share is convertible at any time at the option of the Reporting Person into one Class A Ordinary Share.

3. Fully vested and exercisable.

4. This option will vest on December 1, 2026.

5. This option will vest on April 1, 2028.

6. The restricted share units ("RSUs") vest in 2 equal annual installments on October 31, 2026 and October 31, 2027.

7. Each RSU represents a contingent right to receive one Issuer Class A Ordinary Share or, at the option of the Issuer, cash.

8. The RSUs vest in 3 equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028.

	/s/ Rohit Bhoothalingam, Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Endava (DAVA) CFO Mark Stuart Thurston’s Form 3 report?

The Form 3 reports Mark Stuart Thurston’s existing equity holdings in Endava. It lists his direct ownership of Class A and Class B Ordinary Shares, as well as vested and unvested share options and restricted share units tied to Class A Ordinary Shares, without recording new purchases or sales.

How many Endava (DAVA) Class A shares does the CFO directly own?

Mark Stuart Thurston is reported as directly owning 45,633 Endava Class A Ordinary Shares. In addition, he holds Class B Ordinary Shares that are convertible into Class A shares, plus options and RSUs that could increase his effective Class A exposure if exercised or vested in the future.

What Class B Ordinary Share position is disclosed for Endava (DAVA)’s CFO?

The filing shows the CFO holding 4,250 Class B Ordinary Shares. Each Class B Ordinary Share is convertible at any time, at his option, into one Class A Ordinary Share, giving him a potential additional 4,250 Class A shares if he chooses to convert this Class B position.

What share options are included in Endava (DAVA) CFO’s Form 3?

The Form 3 lists share options over 155, 218 and 240 underlying Class A Ordinary Shares, with exercise prices of 69.4700, 49.3400 and 21.7200. One option grant is already fully vested and exercisable, while others vest on December 1, 2026 and April 1, 2028 respectively.

What restricted share units (RSUs) does the Endava (DAVA) CFO report?

The CFO reports RSUs covering 4,209 and 49,818 underlying Class A Ordinary Shares. One RSU award vests in two equal annual installments on October 31, 2026 and October 31, 2027, and another vests in three equal annual installments from October 31, 2026 through October 31, 2028.

Can Endava (DAVA) RSUs and Class B Shares convert into Class A shares?

Yes. Each RSU represents a contingent right to receive one Class A Ordinary Share or, at Endava’s option, cash. Separately, each Class B Ordinary Share is convertible into one Class A Ordinary Share at the reporting person’s option, potentially increasing his Class A-equivalent ownership over time.