Form 4: Dayforce EVP Samer Alkharrat Reports Stock Disposal for Tax Obligations

Samer Alkharrat, EVP and Chief Revenue Officer of Dayforce, Inc., reports disposing of 12,743 shares of common stock to cover tax obligations.

Summary

• On March 1, 2025, Samer Alkharrat, EVP and Chief Revenue Officer of Dayforce, Inc., disposed of 12,743 shares of common stock.
• The transaction was executed at a price of $61.99 per share.
• The disposal was to cover tax obligations.
• Following the transaction, Alkharrat beneficially owns 105,552 shares of Dayforce common stock, including unvested restricted stock units and performance stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a sale of shares by an executive, which is a common occurrence for covering tax obligations related to stock-based compensation.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates