Endava (DAVA) director vests 1,212 RSUs and sells 533 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Endava plc director Patrick Butcher reported compensation-related share activity involving Class A Ordinary Shares. On June 30, 2026, 1,212 restricted share units vested and were exercised into Class A Ordinary Shares at a conversion price of $0.00 per share. On the same date, 533 Class A Ordinary Shares were sold at a weighted average price of $2.88 per share to cover statutory tax withholding obligations associated with the RSU vesting. After these transactions, Butcher directly held 9,778 Class A Ordinary Shares. The RSU award referenced in the filing was fully converted, with no remaining restricted share units from that grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 533 shares ($1,535)
Net Sell
3 txns
Insider
Butcher Patrick
Role
null
Sold
533 shs ($2K)
| 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 | 533 | $2.88 | $2K |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct, null);
Class A Ordinary Shares — 10,311 shares (Direct, null)
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.
Key Figures
Shares sold: 533 shares
Sale price (weighted average): $2.88 per share
RSUs exercised: 1,212 units
+3 more
6 metrics
Shares sold
533 shares
Class A Ordinary Shares sold on June 30, 2026
Sale price (weighted average)
$2.88 per share
Multiple transactions between $2.87 and $2.89
RSUs exercised
1,212 units
Restricted share units converted on June 30, 2026
RSU conversion price
$0.00 per unit
Exercise or conversion of derivative security
Shares held after sale
9,778 shares
Direct Class A Ordinary Share holdings post-transaction
ADS to share ratio
1 ADS : 1 share
Each ADS represents one ordinary share
Key Terms
Restricted Share Units, American Depositary Shares, weighted average price
3 terms
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
What insider transactions did Endava (DAVA) director Patrick Butcher report?
Patrick Butcher reported RSU vesting and related share activity. 1,212 restricted share units converted into Class A Ordinary Shares, and 533 shares were sold at a weighted average of $2.88 to satisfy statutory tax withholding obligations on June 30, 2026.