STOCK TITAN

Endava awards tech chief a 57,286-unit stock grant

Endava plc Chief Technology Officer Matthew Cloke was granted 57,286 restricted share units on October 30, 2026; they vest in three equal annual installments on October 31, 2027, October 31, 2028 and October 31, 2029.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Endava plc Chief Technology Officer Matthew Cloke was granted 57,286 restricted share units on October 30, 2026; they vest in three equal annual installments on October 31, 2027, October 31, 2028 and October 31, 2029.

On October 31, 2026, he converted 2,768 and 7,050 RSUs, and acquired 9,818 Class A Ordinary Shares. Another 4,616 shares were withheld to satisfy withholding tax obligations upon vesting; the transaction reports a price of $1.55 per share.

Insider Cloke Matthew
Role Chief Technology Officer
Type Security Shares Price Value
Exercise Restricted Share Units F1, F4 2,768 $0.00 $0.00
Exercise Restricted Share Units F1, F5 7,050 $0.00 $0.00
Exercise Class A Ordinary Shares F1 9,818 -- --
Tax Withholding Class A Ordinary Shares F2 4,616 $1.55 $7K
Grant/Award Restricted Share Units F1, F3 57,286 $0.00 $0.00
Holdings After Transaction: Restricted Share Units — 74,158 contracts (Direct); Class A Ordinary Shares — 9,544 shares (Direct)
Footnotes (5)
  1. F1. 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.
  2. F2. Represents shares withheld to satisfy withholding tax obligations upon the vesting of RSUs.
  3. F3. The RSUs vest in three equal annual installments on October 31, 2027, October 31, 2028 and October 31, 2029.
  4. F4. The RSUs vest on vested in two equal annual installments on October 31, 2026 and October 31, 2027.
  5. F5. The RSUs vest or vested in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028.
Restricted share units granted 57,286 restricted share units Granted October 30, 2026; vest in three equal annual installments on October 31, 2027, October 31, 2028 and October 31, 2029
RSUs converted 2,768 RSUs Reported October 31, 2026; vesting installments on October 31, 2026 and October 31, 2027
RSUs converted 7,050 RSUs Reported October 31, 2026; vesting installments on October 31, 2026, October 31, 2027 and October 31, 2028
Class A Ordinary Shares acquired 9,818 shares October 31, 2026, after RSU conversion
Shares withheld 4,616 shares Withheld to satisfy withholding tax obligations upon RSU vesting on October 31, 2026
Reported price per share $1.55 per share Withholding transaction reported October 31, 2026
restricted share unit financial
"Each restricted share unit ("RSU") represents a contingent right"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
withholding tax obligations financial
"shares withheld to satisfy withholding tax obligations upon the vesting of RSUs"
equal annual installments financial
"The RSUs vest in three equal annual installments"

FAQ

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

How many DAVA shares did Matthew Cloke acquire and have withheld?

On October 31, 2026, Matthew Cloke acquired 9,818 Class A Ordinary Shares after RSU conversion, and 4,616 shares were withheld to satisfy withholding tax obligations upon vesting. The withholding transaction reports a price of $1.55 per share.

Can Endava settle DAVA restricted share units in cash?

Each restricted share unit represents a contingent right to receive one Class A Ordinary Share or, at Endava’s option, cash.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Cloke Matthew

(Last)(First)(Middle)
C/O ENDAVA PLC
125 OLD BROAD STREET

(Street)
LONDONEC2N 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares10/31/2026M9,818A(1)14,160D
Class A Ordinary Shares10/31/2026F(2)4,616D$1.559,544D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)10/30/2026A57,286 (3) (3)Class A Ordinary Shares57,286$057,286D
Restricted Share Units(1)10/31/2026M2,768 (4) (4)Class A Ordinary Shares2,768$02,770D
Restricted Share Units(1)10/31/2026M7,050 (5) (5)Class A Ordinary Shares7,050$014,102D
Explanation of Responses:
1. 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.
2. Represents shares withheld to satisfy withholding tax obligations upon the vesting of RSUs.
3. The RSUs vest in three equal annual installments on October 31, 2027, October 31, 2028 and October 31, 2029.
4. The RSUs vest on vested in two equal annual installments on October 31, 2026 and October 31, 2027.
5. The RSUs vest or vested in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028.
/s/ Barbara Hungerford, Attorney-in-Fact11/03/2026
** Signature of Reporting PersonDate
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)

Keep reading