Form 4: Dayforce EVP Sells Shares for Tax Obligations

Dayforce, Inc.'s EVP, CSPTO, Joseph B. Korngiebel, disposed of 2,250 shares of common stock to cover tax liabilities at a price of $68.74 per share.

Summary

• Joseph B. Korngiebel, Executive Vice President and Chief Strategy, Product, and Technology Officer (EVP, CSPTO) of Dayforce, Inc., disposed of 2,250 shares of the company's common stock.
• The transaction occurred on November 1, 2025, with the shares disposed of at a price of $68.74 per share.
• This disposition was identified by transaction code 'F', indicating a transaction to cover tax liability by delivering or withholding securities.
• Following this transaction, Korngiebel beneficially owns 236,063 shares of Dayforce common stock, which includes 108,821 unvested restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine insider transaction for tax withholding purposes, which is a common occurrence for executives receiving equity compensation. It does not indicate a change in company fundamentals or management's outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine transaction for tax purposes, not a discretionary sale based on company performance or outlook.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax obligations related to equity compensation. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Investors should consider broader company fundamentals and market conditions.

Keywords

Dayforce, DAY, Joseph Korngiebel, insider trading, stock sale, executive compensation, Form 4, SEC filing, common stock, tax withholding