Dynatrace (DT) CFO earns rTSR and financial performance RSU awards
Rhea-AI Filing Summary
Benson James M reported acquisition or exercise transactions in this Form 4 filing.
Dynatrace, Inc. EVP, CFO and Treasurer James M. Benson reported receiving two performance-based restricted stock unit awards tied to company results and stock performance. He was granted 4,835 relative total stockholder return (rTSR) performance RSUs and 40,229 financial performance RSUs, each representing the right to receive one share of common stock upon vesting.
The financial performance RSUs were earned based on certified financial results for the fiscal year that started on April 1, 2025 and ended on March 31, 2026. Thirty-three percent of these units will vest on June 5, 2026, with the remainder vesting in equal quarterly installments until June 5, 2028, subject to his continued employment. The rTSR performance RSUs were earned based on relative total stockholder return over a two-year performance period from April 1, 2024 to March 31, 2026 and are scheduled to vest on June 5, 2026, also contingent on continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units (Financial) | 40,229 | $0.00 | -- |
| Grant/Award | Performance Restricted Stock Units (rTSR) | 4,835 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting and settlement. The restricted stock units do not expire. They either vest or are cancelled prior to the vesting date. Represents earned restricted stock units based on financial performance ("Financial PSUs") awarded under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). The Financial PSUs granted on June 5, 2025 were earned following certification by the Compensation Committee of the Board of Directors (the "Compensation Committee") of certain financial performance results for the Issuer's fiscal year 2026 that started on April 1, 2025 and ended on March 31, 2026. 33% of the earned Financial PSUs will vest on June 5, 2026, and the balance will vest in equal quarterly installments thereafter until fully vested on June 5, 2028, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents earned restricted stock units based on relative total stockholder return ("rTSR PSUs") awarded under the Plan. These rTSR PSUs granted on June 5, 2024 were earned following certification by the Compensation Committee of certain performance conditions related to relative total stockholder return for the two year performance period that started on April 1, 2024 and ended on March 31, 2026. All of these earned rTSR PSUs will vest on June 5, 2026, subject to the Reporting Person's continued employment on the vesting date.