Endava director’s RSUs vest; small tax sale filed

Endava plc director Ben Druskin reported routine equity compensation activity involving Class A Ordinary Shares.

Rhea-AI Filing Summary

Endava plc director Ben Druskin reported routine equity compensation activity involving Class A Ordinary Shares. On June 30, 2026, restricted share units vested into 1,212 Class A Ordinary Shares, each RSU representing a contingent right to one share or cash.

To satisfy statutory tax withholding obligations tied to this vesting, 244 shares were sold in open-market transactions at a weighted average price of $2.89, with individual trades ranging from $2.87 to $2.89. After these transactions, Druskin directly held 55,335 Class A Ordinary Shares.

The Class A Ordinary Shares may be represented by American Depositary Shares, each currently corresponding to one ordinary share, so this activity reflects a modest, compensation-driven adjustment to his equity position rather than a large discretionary sale.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Druskin Ben

Role Director

Sold 244 shs ($705.16)

Approx. gross sale proceeds $705.16

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	1,212	$0.00	$0.00
Exercise	Class A Ordinary Shares	1,212	$0.00	$0.00
Sale	Class A Ordinary Shares	244	$2.89	$705.16

Holdings After Transaction: Restricted Share Units — 0 contracts (Direct); Class A Ordinary Shares — 55,335 shares (Direct)

Footnotes (5)

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 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.
5. F5. The RSUs vested on June 30, 2026.

Key Figures

Shares sold for taxes: 244 shares Weighted average sale price: $2.89 per share RSUs vested into shares: 1,212 shares +3 more

6 metrics

Shares sold for taxes 244 shares Open-market sale on June 30, 2026 to cover statutory tax withholding

Weighted average sale price $2.89 per share Shares sold in range $2.87–$2.89 on June 30, 2026

RSUs vested into shares 1,212 shares Restricted share units converting into Class A Ordinary Shares on June 30, 2026

Shares held after transactions 55,335 shares Direct Class A Ordinary Share holdings following June 30, 2026 activity

Net buy/sell shares -244 shares Net result of reported buy/sell activity in this filing

ADS to ordinary share ratio 1 ADS : 1 share Each American Depositary Share represents one Class A Ordinary Share

Key Terms

Restricted Share Units, American Depositary Shares, statutory tax withholding obligations, weighted average price

4 terms

Restricted Share Units financial

"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."

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.

American Depositary Shares financial

"The Class A Ordinary Shares 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 in connection with the vesting of the restricted share units."

weighted average price financial

"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."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

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

What insider transactions did Endava (DAVA) director Ben Druskin report?

Ben Druskin reported RSU vesting and a small share sale. 1,212 restricted share units vested into Class A Ordinary Shares, and 244 shares were sold at a weighted average price of $2.89 to cover related statutory tax withholding obligations.

How many Endava (DAVA) shares does Ben Druskin hold after these transactions?

Ben Druskin directly holds 55,335 Class A Ordinary Shares after the transactions. This figure reflects the net result of 1,212 shares acquired from RSU vesting and 244 shares sold to satisfy statutory tax withholding tied to that vesting.

At what price were Endava (DAVA) shares sold in Ben Druskin’s Form 4 filing?

The reported sale used a weighted average price of $2.89 per share. The 244 shares were sold in multiple open-market trades at prices ranging from $2.87 to $2.89, with the weighted average disclosed as $2.89.

Were Ben Druskin’s Endava (DAVA) share sales discretionary or tax-related?

The reported share sale was tax-related, not purely discretionary. A footnote explains that the 244 shares sold represent the number required to cover statutory tax withholding obligations arising from the vesting of restricted share units.

What did the restricted share units in Endava (DAVA) entitle Ben Druskin to receive?

Each restricted share unit entitled Druskin to one Class A Ordinary Share or cash. The filing states each RSU represents a contingent right to receive one issuer Class A Ordinary Share, or, at the issuer’s option, an equivalent cash payment upon vesting.

How are Endava (DAVA) Class A Ordinary Shares related to American Depositary Shares?

Each American Depositary Share currently represents one Class A Ordinary Share. The filing notes that the company’s Class A Ordinary Shares may be represented by ADSs on U.S. markets, with a current one-to-one relationship between an ADS and an ordinary share.

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

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Accepted by SEC EDGAR 07/02/2026 - 04:30 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^*

Druskin Ben

(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)
06/30/2026

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)	06/30/2026		M		1,212	A	(2)	55,579	D
Class A Ordinary Shares(1)	06/30/2026		S		244(3)	D	$2.89(4)	55,335	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)	06/30/2026		M			1,212	(5)	(5)	Class A Ordinary Shares	1,212	$0	0	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 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.

5. The RSUs vested on June 30, 2026.

	/s/ Rohit Bhoothalingam, Attorney-in-Fact	07/02/2026
	** 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)