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.