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
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Negative
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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.