Form 4: Endava Director Kathryn Hollister Trades Shares

Endava plc director Kathryn A. Hollister reported transactions involving Class A Ordinary Shares and Restricted Share Units.

Summary

• Kathryn A. Hollister, a Director at Endava plc, engaged in several transactions concerning the company's Class A Ordinary Shares and Restricted Share Units (RSUs).
• On March 31, 2026, 1,300 Class A Ordinary Shares were acquired as part of the vesting of RSUs.
• Also on March 31, 2026, 264 Class A Ordinary Shares were disposed of at a price of $4.42 per share to cover tax withholding obligations related to RSU vesting.
• Following these transactions, Hollister beneficially owns 13,151 Class A Ordinary Shares directly.
• The RSUs vest in two equal installments on March 31, 2026, and June 30, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider share transactions related to equity compensation and tax obligations, with no significant strategic or financial performance indicators.

Positives

• Director Kathryn A. Hollister acquired shares through RSU vesting, indicating continued equity participation.
• The company is managing tax withholding obligations efficiently through share disposals.

Negatives

• A portion of shares were sold to cover tax obligations, reducing the director's direct holdings.

Risks

• The filing does not explicitly mention any new or emerging risks.

Future Outlook

The Restricted Share Units are scheduled to vest in two equal installments on March 31, 2026, and June 30, 2026, indicating future equity awards.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported on Form 4, are standard disclosures for publicly traded companies and provide transparency into executive and director equity holdings and activities.

Stakeholder Impact

• Shareholders gain insight into director equity transactions, which can inform their perception of insider confidence.
• Employees may note the company's use of equity compensation (RSUs) as part of its remuneration strategy.

Next Steps

• The remaining portion of the Restricted Share Units will vest on June 30, 2026.

Key Dates

Keywords

Endava plc, DAVA, Form 4, Insider Trading, Director Transactions, Class A Ordinary Shares, Restricted Share Units, RSU Vesting, Tax Withholding