DT Form 4: 3,981 RSUs vested; 4,111 RSUs granted with one-year vesting
Rhea-AI Filing Summary
Dynatrace director Amol Kulkarni reported changes to his holdings of restricted stock units (RSUs) and common stock resulting from vesting and reclassification of awards on 08/20/2025. The filing moves 8,650 shares previously reported as unvested time-based RSUs from Table I to Table II as derivative securities. It shows 3,981 RSUs that vested under a 2024 grant and a separate grant of 4,111 RSUs that will vest on the earlier of August 20, 2026 or the 2026 annual meeting, subject to continued service. The Form 4 also reports disposals and acquisitions recorded in Table I and II that reflect the reclassification and vesting mechanics of the awards, with each RSU representing a contingent right to one share of common stock.
Positive
- Disclosure of vested RSUs: 3,981 RSUs from the August 2024 grant vested, converting contingent awards into shares.
- New grant documented: 4,111 RSUs were granted with clear vesting terms (earlier of one-year anniversary or 2026 annual meeting).
- Reclassification transparency: The filing clearly moves 8,650 RSUs from non-derivative reporting to derivative reporting to align with award treatment.
Negative
- None.
Insights
TL;DR: Routine insider reporting reflecting RSU vesting, reclassification, and a follow-on grant; not a material operational event.
The Form 4 documents movement of 8,650 RSUs from non-derivative to derivative classification and shows 3,981 RSUs that vested under an August 2024 grant plus a newly reported grant of 4,111 RSUs subject to one-year/annual-meeting vesting. These entries are consistent with standard equity compensation administration: vesting crystallizes share exposure and reclassification aligns prior reporting with the issuer's award treatment. There is no indication of open-market sales beyond the administrative disposals and no new cash purchase or exercise price impact since RSUs convert to common shares without an exercise payment.
TL;DR: Compliance-focused disclosure of director compensation events; maintains alignment between director and shareholder interests.
The filing is a standard Section 16 disclosure by a director noting the conversion and vesting schedule of time-based RSUs. It clarifies prior reporting by reclassifying 8,650 previously reported RSUs into derivative securities and documents that certain RSUs vested upon the earlier of a one-year anniversary or the 2025 annual meeting. The new 4,111 RSU grant follows a similar single-year/meeting vesting condition. From a governance perspective, these are customary compensation mechanics and the filing fulfills transparency obligations for insider holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,981 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,111 | $0.00 | -- |
| Exercise | Common Stock | 3,981 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| 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 8,650 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 5, 2023, these RSUs were granted on September 1, 2023. 25% of the RSUs granted vested on September 1, 2024 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. As previously reported on August 27, 2024, these RSUs were granted on August 23, 2024. 100% of the RSUs granted vested on August 20, 2025, which was the earlier of the one year anniversary of the date of grant (August 23, 2025) and the date of the Issuer's 2025 Annual Meeting of Stockholders (which was held on August 20, 2025). 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.
