Form 4: Dayforce EVP Samer Alkharrat Reports Stock Transactions Following PSU Vesting

Dayforce's EVP, Chief Revenue Officer Samer Alkharrat, reports the vesting of performance stock units (PSUs) and subsequent stock transactions.

Summary

• On February 3, 2025, Samer Alkharrat, EVP and Chief Revenue Officer of Dayforce, Inc., reported transactions related to the vesting of performance stock units (PSUs).
• The vesting was determined by the Compensation Committee of Dayforce's Board of Directors, based on the achievement of performance conditions under the PSU award agreements.
• A total of 27,930 PSUs vested, resulting in Alkharrat acquiring these shares at a price of $0.
• Following the reported transactions, Alkharrat beneficially owns 118,295 shares of common stock, which includes shares acquired through the Employee Stock Purchase Plan and unvested restricted stock units and PSUs.
• The PSUs represent a contingent right to receive shares of common stock based on the satisfaction of performance metrics under the Company's Management Incentive Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard reporting of insider transactions. The vesting of PSUs suggests performance targets were met, which is mildly positive.

Positives

• The vesting of PSUs indicates that performance metrics were met, which could be viewed positively.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors.

Stakeholder Impact

• The vesting of PSUs aligns executive compensation with company performance, potentially benefiting shareholders.

Key Dates