Form 4: Dayforce Inc. Executive Stephen Holdridge Reports Acquisition of Restricted Stock Units and Performance Units

Stephen Holdridge, President and COO of Dayforce, Inc., reports the acquisition of restricted stock units and performance units, along with adjustments to his holdings of common stock.

Summary

• On March 5, 2025, Stephen H. Holdridge, President and COO of Dayforce, Inc., reported transactions involving Dayforce's common stock and derivative securities.
• Holdridge acquired 66,398 shares of common stock through restricted stock units (RSUs) that vest in three annual installments starting March 5, 2026.
• He also acquired 6,989 performance stock units (PSUs), which represent a contingent right to receive shares of common stock based on performance metrics from January 1, 2025, to December 31, 2027.
• The number of shares issued from the PSUs can range from zero to 200% of the target number, depending on the performance achieved, and will vest on March 5, 2028, if certified by the Compensation Committee or the Board of Directors.
• Holdridge's total holdings include 196,461 shares of common stock, including 126,544 unvested RSUs, and 6,989 PSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of executive compensation. There is no indication of positive or negative performance.

Future Outlook

The number of shares ultimately received from the PSUs will depend on the company's performance between January 1, 2025 and December 31, 2027, and certification by the Compensation Committee or the Board of Directors.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with company performance.

Stakeholder Impact

• The granting of RSUs and PSUs aligns executive compensation with company performance, potentially benefiting shareholders if performance targets are met.

Key Dates