Form 4: Dayforce CRO Sells Shares Under 10b5-1 Plan

Samer Alkharrat, EVP, Chief Revenue Officer of Dayforce, Inc., sold 3,233 shares of common stock for $68.55 per share under a Rule 10b5-1 trading plan.

Summary

• Samer Alkharrat, the Executive Vice President and Chief Revenue Officer of Dayforce, Inc., reported a sale of common stock.
• The transaction involved the disposition of 3,233 shares of Dayforce, Inc. common stock.
• The shares were sold at a price of $68.55 per share on October 24, 2025.
• The total value of the shares sold amounted to $221,600.15.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Alkharrat on December 5, 2024.
• Following this transaction, Mr. Alkharrat beneficially owns 117,934 shares of common stock, which includes 90,723 unvested restricted stock units and 7,785 unvested performance stock units.

Sentiment

Score: 5

Explanation: The transaction is a routine insider sale under a pre-arranged 10b5-1 plan, which is generally considered neutral as it is not typically driven by new material information and is a common practice for executives.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a structured and pre-scheduled transaction rather than a reactive one.
• The executive retains a substantial beneficial ownership of 117,934 shares, including a significant number of unvested equity awards, maintaining alignment with shareholder interests.

Negatives

• Insider selling, even when pre-planned, can sometimes be perceived negatively by the market, potentially leading to minor short-term sentiment shifts.

Future Outlook

This Form 4 filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report specific to Dayforce, Inc. and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in direct insider ownership, but the pre-planned nature mitigates concerns about negative sentiment.
• Employees, customers, suppliers, creditors: This specific filing has no direct impact on these stakeholder groups.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled insider sale under a Rule 10b5-1 plan. Such transactions are typically not indicative of a change in the company's fundamental outlook or a signal for investors to buy or sell based solely on this filing. The executive retains a significant beneficial ownership, including unvested units. Therefore, a 'Hold' recommendation is appropriate as this filing alone does not provide new material information to alter an investment thesis.

Keywords

Dayforce, DAY, insider trading, Form 4, stock sale, Samer Alkharrat, 10b5-1 plan, executive compensation, common stock