Form 4: Dayforce COO Sells Shares for Tax Obligations

Dayforce, Inc.'s President and COO, Stephen H. Holdridge, disposed of 3,997 shares of common stock to cover tax withholding obligations.

Summary

• Stephen H. Holdridge, President and COO of Dayforce, Inc., reported a transaction on November 1, 2025.
• He disposed of 3,997 shares of Dayforce, Inc. common stock.
• The transaction was coded 'F', indicating a disposition to cover tax withholding obligations upon the vesting of equity awards.
• The shares were disposed of at a price of $68.74 per share.
• Following this transaction, Holdridge beneficially owns 180,814 shares of Dayforce, Inc. common stock.
• This total includes 117,683 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding obligations upon the vesting of equity awards, which is a common practice for executives and does not reflect a discretionary sale or purchase based on company performance or outlook.

Stakeholder Impact

• Shareholders: Stephen H. Holdridge's beneficial ownership of Dayforce, Inc. common stock, including unvested restricted stock units, remains substantial at 180,814 shares after the tax-related disposition.

Key Dates

Recommendation

This Form 4 reports a non-discretionary disposition of shares by an executive to cover tax obligations associated with equity award vesting. Such transactions are routine and do not typically signal a change in the company's fundamentals or the executive's confidence in the company's future. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Dayforce, DAY, Stephen Holdridge, Form 4, insider transaction, stock sale, executive compensation, restricted stock units, tax withholding