Endava director nets shares after RSU vesting

Endava plc director David Alexander Pattillo reported routine equity compensation activity and a small tax-related sale.

Rhea-AI Filing Summary

Endava plc director David Alexander Pattillo reported routine equity compensation activity and a small tax-related sale. He exercised 1,344 restricted share units into Class A Ordinary Shares at a conversion price of $0.0000 per share and received an equal number of shares. On the following day, 538 Class A Ordinary Shares were sold in an open-market transaction at $4.43 per share to cover statutory tax withholding obligations related to the RSU vesting. After these transactions, he directly held 32,332 Class A Ordinary Shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider PATTILLO DAVID ALEXANDER

Role Director

Sold 538 shs ($2K)

Approx. gross sale proceeds $2K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares	538	$4.43	$2K
Exercise	Restricted Share Units	1,344	$0.00	$0.00
Exercise	Class A Ordinary Shares	1,344	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 1,344 contracts (Direct); Class A Ordinary Shares — 32,332 shares (Direct)

Footnotes (4)

1. F1. The Class A Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one ordinary share.
2. 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.
3. 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.
4. F4. The RSUs vested or will vest in 2 equal installments on March 31, 2026 and June 30, 2026.

Key Figures

Shares sold: 538 shares Sale price: $4.43 per share RSUs exercised: 1,344 RSUs +3 more

6 metrics

Shares sold 538 shares Class A Ordinary Shares sold on April 1, 2026

Sale price $4.43 per share Price for 538 Class A Ordinary Shares sold

RSUs exercised 1,344 RSUs Restricted share units converted on March 31, 2026

Conversion price $0.0000 per share RSU conversion into Class A Ordinary Shares

Shares after transactions 32,332 shares Class A Ordinary Shares held directly after reported trades

RSU installments 2 equal installments RSUs vest on March 31, 2026 and June 30, 2026

Key Terms

Restricted Share Units, Class A Ordinary Shares, American Depositary Shares, statutory tax withholding obligations, +1 more

5 terms

Restricted Share Units financial

"Each restricted share unit ("RSU") represents a contingent right to receive one Issuer Class A Ordinary Share"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Class A Ordinary Shares financial

"The Class A Ordinary Shares may be represented by American Depositary Shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

American Depositary Shares financial

"may be represented by American Depositary Shares, each of which currently represents one ordinary share"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

statutory tax withholding obligations financial

"Represents the number of shares required to be sold to cover the statutory tax withholding obligations"

vesting financial

"The RSUs vested or will vest in 2 equal installments on March 31, 2026 and June 30, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Endava (DAVA) director David Pattillo report?

David Pattillo reported exercising 1,344 restricted share units into Class A Ordinary Shares and selling 538 shares. The sale was made to cover statutory tax withholding obligations arising from the RSU vesting, leaving him with 32,332 Class A Ordinary Shares held directly.

How many Endava (DAVA) shares did the director sell and at what price?

He sold 538 Class A Ordinary Shares at $4.43 per share. According to the disclosure, this sale was specifically to cover statutory tax withholding obligations tied to the vesting of his restricted share units, rather than a discretionary portfolio sale.

What RSU activity did Endava (DAVA) disclose for its director?

He exercised 1,344 restricted share units, each RSU converting into one Class A Ordinary Share at a conversion price of $0.0000. The filing states these RSUs vest in two equal installments on March 31, 2026 and June 30, 2026, driving the reported share issuance.

How many Endava (DAVA) shares does the director hold after these transactions?

After the reported transactions, David Pattillo directly holds 32,332 Class A Ordinary Shares. This figure reflects both the 1,344 shares received from RSU exercise and the 538 shares sold to meet statutory tax withholding obligations linked to the vesting event.

Were the Endava (DAVA) insider share sales discretionary or tax-related?

The filing notes the 538-share sale was to cover statutory tax withholding obligations associated with restricted share unit vesting. This indicates the sale was primarily tax-related, rather than a discretionary decision to reduce exposure to Endava’s Class A Ordinary Shares.

Can Endava (DAVA) Class A Ordinary Shares be held as ADSs?

Yes. The disclosure explains that Endava’s Class A Ordinary Shares may be represented by American Depositary Shares, with each ADS currently representing one ordinary share. This structure allows investors to hold exposure to Endava through ADSs instead of ordinary shares directly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 05:55 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PATTILLO DAVID ALEXANDER

(Last) (First) (Middle)

C/O ENDAVA PLC

125 OLD BROAD STREET

(Street)

LONDON EC2N 1AR

(City) (State) (Zip)

UNITED KINGDOM

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares(1)	03/31/2026		M		1,344	A	(2)	32,870	D
Class A Ordinary Shares(1)	04/01/2026		S		538(3)	D	$4.43	32,332	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	03/31/2026		M			1,344	(4)	(4)	Class A Ordinary Shares	1,344	$0	1,344	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 restricted share unit ("RSU") represents a contingent right to receive one Issuer Class A Ordinary Share or, at the option of the Issuer, cash.

3. 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.

4. The RSUs vested or will vest in 2 equal installments on March 31, 2026 and June 30, 2026.

	/s/ Rohit Bhoothalingam, Attorney-in-Fact	04/02/2026
	** 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 4 (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 4: SEC 1474 (03-26)