Dynatrace CFO vests 17,732 shares; 8,574 withheld
Dynatrace’s CFO reports vesting of RSUs granted in 2022, with part of the resulting shares withheld to cover tax obligations.
Rhea-AI Filing Summary
Dynatrace, Inc. (DT) reported that EVP, CFO and Treasurer James M. Benson had 17,732 Restricted Stock Units vest on September 15, 2026, converting into the same number of shares of common stock. Of these, 8,574 shares were withheld by Dynatrace at $55.17 per share to satisfy tax withholding obligations. The vested RSUs relate to an award granted on December 15, 2022 under Dynatrace’s 2019 Equity Incentive Plan, which vests 25% on December 15, 2023 and the remainder in equal quarterly installments through December 15, 2026. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 17,732 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 17,732 | -- | -- |
| Tax Withholding | Common Stock F2 | 8,574 | $55.17 | $473K |
Footnotes (3)
- F1. Each restricted stock unit ("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.
- F2. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of RSUs.
- F3. Represents the vesting of RSUs granted on December 15, 2022 under the Issuer's 2019 Equity Incentive Plan, as amended. 25% of the granted RSUs vested on December 15, 2023 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on December 15, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
2019 Equity Incentive Plan financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award activity did Dynatrace (DT) disclose for its CFO?
What is the vesting schedule of the Dynatrace (DT) RSUs granted to the CFO?
Were the Dynatrace (DT) insider transactions under a Rule 10b5-1 plan?
What type of securities did the Dynatrace (DT) CFO receive and dispose of?
AI-generated analysis. How Rhea-AI works. Not financial advice.