Dynatrace (DT) director granted 10,476 RSUs under 2019 equity incentive plan
Rhea-AI Filing Summary
RIEDEL GEORGE ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Dynatrace, Inc. director George Andrew Riedel reported receiving a grant of 10,476 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Dynatrace common stock and does not expire but will either vest or be cancelled.
The grant was made under Dynatrace's 2019 Equity Incentive Plan and its Amended and Restated Non-Employee Director Compensation Policy. Twenty-five percent of the RSUs will vest on June 30, 2027, with the remaining units vesting in equal quarterly installments until fully vested on June 30, 2030, subject to his continued board service.
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Insights
Routine director RSU grant with long-term, time-based vesting.
George Andrew Riedel, a director of Dynatrace, received 10,476 restricted stock units as a compensation grant. This is a non-cash award, with each RSU convertible into one share of common stock if vesting conditions are met.
The RSUs vest 25% on June 30, 2027, with the remainder vesting quarterly until June 30, 2030, contingent on continued board service. This multi-year schedule aligns director incentives with long-term company performance and is typical for non-employee director compensation structures.
The filing shows no sales or option exercises, only this grant. There is no derivative position remaining disclosed in the derivative summary, so the focus here is the incremental equity-based compensation rather than active trading or liquidity events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,476 | $0.00 | -- |
Footnotes (1)
- Each time-based restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs do not expire. They either vest or are cancelled prior to the vesting date. Represents the grant of RSUs under the Issuer's 2019 Equity Incentive Plan, as amended, and the Amended and Restated Non-Employee Director Compensation Policy. 25% of these RSUs will vest on June 30, 2027, and the balance of the RSUs will vest in equal quarterly installments thereafter until fully vested on June 30, 2030, subject to the Reporting Person's continued service as a director on the applicable vesting dates.