DT Form 4: 4,111 RSU Grant and 8,099 RSU Reclassification for Director
Rhea-AI Filing Summary
Dynatrace director Lisa M. Campbell reported movements of unvested restricted stock units (RSUs). The filing shows 8,099 previously reported unvested RSUs moved from Table I to Table II as derivative securities and a grant of 4,111 RSUs on 08/20/2025. Each RSU converts to one share of common stock when vested. The 4,111 RSUs vest 100% on the earlier of the one-year anniversary (08/20/2026) or the issuer's 2026 annual meeting, subject to continued service. The 8,099 RSUs were originally granted on 09/04/2024 with 25% vesting on 09/04/2025 and the remainder vesting quarterly thereafter.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director equity grant and reclassification; no cash transaction or dilution beyond standard compensation.
The Form 4 documents a non-cash compensation event: movement of 8,099 previously reported time-based RSUs into the derivative securities table and a new grant of 4,111 RSUs that cliff-vest within one year or at the 2026 annual meeting. This is a typical director equity award structure tied to continued service and does not indicate share sales, option exercises, or other liquidity events. Investors should view this as ordinary compensation-related insider reporting rather than a material operational development.
TL;DR: Governance-standard director award and reporting; vesting schedule aligns with retention incentives.
The filing shows standard governance practice: time-based RSUs used for director retention with a mix of cliff and quarterly vesting. The reclassification from non-derivative to derivative reporting reflects administrative accuracy rather than a change in economic terms. The award vests conditioned on continued board service, consistent with typical equity-based compensation policies for non-employee directors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,111 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This Form 4 reports the moving of unvested time-based restricted stock units ("RSUs") previously reported in Table I to Table II in addition to the transactions reflected herein. Reflects a decrease of 8,099 shares of the Issuer's Common Stock representing unvested RSUs that were previously reported in Table I and are being reported in Table II of this Form 4 as derivative securities. Each 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. As previously reported on September 6, 2024, these RSUs were granted on September 4, 2024. 25% of the RSUs granted will vest on September 4, 2025 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested, subject to the Reporting Person's continued service as director of the Issuer on the applicable vesting dates. Represents the grant of RSUs. 100% of the RSUs granted will vest on the earlier of the one year anniversary of the date of grant (August 20, 2026) and the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director of the Issuer on the applicable vesting date.
