DT Form 4: Director RSU vesting and 10b5-1 sale disclosed
Rhea-AI Filing Summary
Dynatrace director Lisa M. Campbell reported the vesting of 2,025 time‑based restricted stock units on 09/04/2025, each convertible into one share of the company’s common stock. On 09/05/2025 she sold 1,013 shares at $49.77 per share pursuant to a Rule 10b5-1 trading plan adopted May 16, 2025. After these transactions she beneficially owns 6,074 shares. The RSUs that vested were part of a grant dated 09/04/2024; 25% vested on 09/04/2025 and the remainder vests quarterly thereafter, subject to continued service.
Positive
- Transparent disclosure of RSU vesting and subsequent sale with specific dates and quantities
- Use of a Rule 10b5-1 trading plan indicates pre‑planned, compliance‑oriented execution of the sale
- Clear vesting schedule stated for RSUs granted 09/04/2024, supporting predictability of future vesting
Negative
- Insider sale of 1,013 shares reduces the director’s immediate ownership
- No information on whether remaining future vesting is subject to performance conditions beyond continued service
Insights
TL;DR Routine director RSU vesting and plan‑scheduled sale; transparent compliance with 10b5‑1 rules.
The Form 4 shows a time‑based RSU vesting of 2,025 units and a subsequent sale of 1,013 shares under an established Rule 10b5‑1 plan. This is a standard insider liquidity event rather than a corporate action affecting operations or guidance. The filing provides clear disclosure of the vesting schedule and ownership level, supporting transparency but not conveying new company‑level financial information.
TL;DR Evidence of good governance: pre‑arranged trading plan and timely reporting of vested awards.
The reporting indicates adherence to governance best practices: adoption of a 10b5‑1 plan and prompt Form 4 filing signed via power of attorney. The transaction aligns with routine compensation vesting and director liquidity; it does not suggest undisclosed company developments or changes to executive incentives beyond the normal RSU schedule described.