Insider Trading January 28, 2026

Dayforce accounting chief disposes of $34,680 in shares as acquisition vote advances

Head of accounting sells 500 shares; shareholders approve Thoma Bravo takeover with cash consideration of $70 per share

By Caleb Monroe DAY
Dayforce accounting chief disposes of $34,680 in shares as acquisition vote advances
DAY

Jeffrey Scott Jacobs, Head of Accounting and Financial Reporting at Dayforce, sold 500 shares of the company's common stock on January 26, 2026, for $69.36 per share, a transaction valued at $34,680. The sale, executed under a Rule 10b5-1 plan adopted in November 2024, leaves Jacobs with 48,901 directly held shares, including 29,984 unvested restricted stock units. Separately, Dayforce shareholders approved a $70-per-share acquisition by Thoma Bravo during a special meeting, with roughly 88.4% of votes cast and 78.8% of outstanding voting stock in favor. Dayforce trades near its 52-week high and reports a gross profit margin of 50.92 percent. The company is not profitable over the last twelve months, though analysts tracked by InvestingPro expect profitability this year and have revised estimates higher. Dayforce is due to report earnings on February 11, 2026.

Key Points

  • Jeffrey Scott Jacobs sold 500 Dayforce shares on January 26, 2026, at $69.36 per share, totaling $34,680.
  • Jacobs now directly owns 48,901 shares, which include 29,984 unvested restricted stock units.
  • Shareholders approved a $70.00-per-share acquisition by Thoma Bravo, with roughly 88.4% of votes cast and 78.8% of outstanding voting stock in favor.

Jeffrey Scott Jacobs, who serves as Head of Accounting and Financial Reporting at Dayforce, Inc. (NASDAQ: DAY), sold 500 shares of the company's common stock on January 26, 2026, at a price of $69.36 per share. The total value of that disposition was $34,680.

The transaction was carried out under a pre-established Rule 10b5-1 trading plan that Jacobs adopted on November 27, 2024, and the sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.

Following the sale, Jacobs directly holds 48,901 shares of Dayforce common stock. That total includes 29,984 restricted stock units that remain unvested.

Dayforce has a market capitalization of $11.1 billion and is trading close to its 52-week high of $75.14. InvestingPro's assessment indicates the shares are slightly undervalued based on its Fair Value metric.

The company reports a gross profit margin of 50.92 percent. While Dayforce was not profitable over the trailing twelve months, InvestingPro data notes that analysts project the company will reach profitability this year, and four analysts have recently increased their earnings forecasts.

Investors will also be watching the company’s next scheduled earnings release on February 11, 2026.


In related corporate developments, Dayforce stockholders approved the company’s acquisition by private equity firm Thoma Bravo at a special meeting. Approximately 88.4 percent of the votes cast, representing 78.8 percent of Dayforce’s outstanding voting stock, supported the transaction.

Under the agreed terms, holders of Dayforce common stock will receive $70.00 per share in cash as consideration for the transaction. The shareholder vote was presented as a significant procedural milestone in the acquisition process.

The combination of insider activity, valuation commentary from InvestingPro, and the shareholder approval of the private equity acquisition provides multiple data points for market observers considering Dayforce’s near-term corporate and financial trajectory. The sale by a senior accounting executive was executed through the pre-existing plan and was publicly reported, while the broad shareholder support for the Thoma Bravo deal sets a clear path for the company’s change in ownership.

Risks

  • Dayforce was not profitable over the last twelve months, posing near-term profitability risk until analysts' expectations materialize - affecting the software and enterprise applications sector.
  • The pending acquisition by Thoma Bravo represents a change in corporate ownership and structure, which could create operational or integration uncertainties for stakeholders - impacting investors and the broader market for enterprise software.
  • Insider sales under a Rule 10b5-1 trading plan can be routine, but they may also leave investors assessing executive alignment with company performance; this is relevant to equity markets and corporate governance observers.

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