Endava director logs RSU vesting, small share sale

Endava plc director Ben Druskin reported routine equity compensation activity and a small related share sale.

Rhea-AI Filing Summary

Endava plc director Ben Druskin reported routine equity compensation activity and a small related share sale. On March 31, 2026, 1,212 restricted share units were exercised into 1,212 Class A Ordinary Shares at a conversion price of $0.00 per share. The RSUs vest in two equal installments on March 31, 2026 and June 30, 2026. On April 1, 2026, 486 Class A Ordinary Shares were sold at $4.43 per share to cover statutory tax withholding obligations tied to the RSU vesting. After these transactions, Druskin directly held 54,367 Class A Ordinary Shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Druskin Ben

Role Director

Sold 486 shs ($2K)

Approx. gross sale proceeds $2K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares	486	$4.43	$2K
Exercise	Restricted Share Units	1,212	$0.00	$0.00
Exercise	Class A Ordinary Shares	1,212	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 1,212 contracts (Direct); Class A Ordinary Shares — 54,367 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: 486 shares Sale price: $4.43 per share RSUs exercised: 1,212 units +3 more

6 metrics

Shares sold 486 shares Class A Ordinary Shares sold on April 1, 2026

Sale price $4.43 per share Price for 486 Class A Ordinary Shares sold

RSUs exercised 1,212 units Restricted share units converted on March 31, 2026

Post-transaction holdings 54,367 shares Class A Ordinary Shares held directly after transactions

RSU vesting schedule 2 installments Vests on March 31, 2026 and June 30, 2026

RSU-to-share ratio 1:1 Each RSU equals one Class A Ordinary Share or cash

Key Terms

Restricted Share Units, statutory tax withholding obligations, American Depositary Shares, contingent right

4 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.

statutory tax withholding obligations financial

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

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.

contingent right 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."

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 exercising 1,212 restricted share units into Class A Ordinary Shares and selling 486 shares. The sale was specifically to cover statutory tax withholding obligations arising from the RSU vesting, indicating a routine compensation-related transaction rather than a discretionary share sale.

How many Endava (DAVA) shares does Ben Druskin hold after these Form 4 transactions?

Following the reported transactions, Ben Druskin directly holds 54,367 Class A Ordinary Shares of Endava plc. This figure reflects the shares received from the RSU exercise, net of the 486 shares sold to satisfy tax withholding obligations related to the vesting event.

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

The Form 4 shows 486 Endava Class A Ordinary Shares sold at $4.43 per share. According to the footnotes, these shares were sold solely to cover statutory tax withholding obligations associated with the vesting of restricted share units, not as a discretionary open-market sale.

How do the restricted share units in Endava (DAVA) vest for Ben Druskin?

The restricted share units vest in two equal installments on March 31, 2026 and June 30, 2026. Each RSU represents a contingent right to receive one Endava Class A Ordinary Share or, at Endava’s option, cash, aligning the director’s compensation with the company’s equity performance.

What do the restricted share units reported in Endava (DAVA) Form 4 represent?

Each restricted share unit represents a contingent right to receive one Endava Class A Ordinary Share or, at the issuer’s option, cash. In this filing, 1,212 RSUs were exercised into 1,212 Class A Ordinary Shares at a conversion price of $0.00 per share as part of equity compensation.

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^*

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)
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		1,212	A	(2)	54,853	D
Class A Ordinary Shares(1)	04/01/2026		S		486(3)	D	$4.43	54,367	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			1,212	(4)	(4)	Class A Ordinary Shares	1,212	$0	1,212	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)