Endava (NYSE: DAVA) director logs RSU vesting and small tax-related share sale
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,212 | $0.00 | -- |
| Exercise | Class A Ordinary Shares | 1,212 | $0.00 | -- |
| Sale | Class A Ordinary Shares | 244 | $2.89 | $705.16 |
Footnotes (1)
- The Class A Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one ordinary share. 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. 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. 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. The RSUs vested on June 30, 2026.