Endava (NYSE: DAVA) director vests 1,212 RSUs, sells 554 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Endava plc director Patrick Butcher reported routine equity compensation activity involving Class A Ordinary Shares. On March 31, 2026, he exercised 1,212 restricted share units at $0.00 per share, receiving 1,212 Class A Ordinary Shares and reflecting the vesting of RSUs in two equal installments on March 31 and June 30, 2026.
On April 1, 2026, he executed an open-market sale of 554 Class A Ordinary Shares at $4.43 per share. A footnote states this sale represented shares required to be sold to cover statutory tax withholding obligations related to the RSU vesting. Following these transactions, he directly owned 9,099 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 554 shares ($2,454)
Net Sell
3 txns
Insider
Butcher Patrick
Role
Director
Sold
554 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 554 | $4.43 | $2K |
| Exercise | Restricted Share Units | 1,212 | $0.00 | -- |
| Exercise | Class A Ordinary Shares | 1,212 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 9,099 shares (Direct);
Restricted Share Units — 1,212 shares (Direct)
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 RSUs vested or will vest in 2 equal installments on March 31, 2026 and June 30, 2026.
Key Figures
Shares sold: 554 shares
Sale price: $4.43 per share
RSUs exercised: 1,212 units
+2 more
5 metrics
Shares sold
554 shares
Open-market sale on April 1, 2026 at $4.43 per share
Sale price
$4.43 per share
Price for 554 Class A Ordinary Shares sold April 1, 2026
RSUs exercised
1,212 units
Restricted share units converted into Class A Ordinary Shares on March 31, 2026
Shares held after
9,099 shares
Direct Class A Ordinary Share holdings following reported transactions
RSU vesting schedule
2 equal installments
RSUs vest on March 31, 2026 and June 30, 2026
Key Terms
American Depositary Shares, restricted share unit, statutory tax withholding obligations, contingent right
4 terms
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."
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
What insider transactions did Endava (DAVA) director Patrick Butcher report?
Patrick Butcher reported RSU vesting and a related share sale. He received 1,212 Class A Ordinary Shares from restricted share units, then sold 554 shares at $4.43 each to cover statutory tax withholding obligations tied to the vesting.