Form 4: Dayforce EVP Samer Alkharrat Reports Stock Sale Under 10b5-1 Plan

Dayforce's EVP, Chief Revenue Officer Samer Alkharrat, reports the sale of 3,523 shares of common stock at $60.30 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Samer Alkharrat, EVP and Chief Revenue Officer of Dayforce, Inc., reported a transaction involving the sale of 3,523 shares of common stock on March 25, 2025.
• The sale was executed at a price of $60.30 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted by Alkharrat on December 5, 2024.
• Following the reported transaction, Alkharrat beneficially owns 151,828 shares of Dayforce common stock, which includes 116,994 unvested restricted stock units and 7,785 unvested performance stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine stock sale under a pre-existing trading plan. There is no indication of positive or negative implications for the company.

Industry Context

Executive stock sales are common and often pre-planned using 10b5-1 trading plans to avoid insider trading accusations. The market typically views these sales in the context of the executive's overall holdings and the company's performance.

Comparison to Industry Standards

• Executive compensation and stock ownership are closely monitored in the tech industry.
• Companies like Workday, Salesforce, and Oracle also have executives who utilize 10b5-1 plans for stock transactions.
• The size and frequency of these transactions are often compared to industry peers to assess alignment with shareholder interests.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the small volume of shares sold.
• The transaction is unlikely to significantly affect employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Samer Alkharrat, Dayforce, Stock Sale, 10b5-1 Trading Plan, Executive Compensation, Beneficial Ownership