DT Form 4: SVP Daniel Yates disposes 2,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Dynatrace insider sale: SVP and Chief Accounting Officer Daniel S. Yates sold 2,000 shares of Dynatrace, Inc. (DT) on 09/04/2025 at $49.89 per share under a pre-established Rule 10b5-1 plan. After the reported disposition, Mr. Yates beneficially owned 22,555 shares, held directly. The filing notes the 10b5-1 trading plan was adopted on June 5, 2025, and the Form 4 was signed by a power of attorney on 09/05/2025. The disclosure is a routine officer sale and does not include any derivative transactions or additional pledges reported on this form.
Positive
- Sale executed under a documented Rule 10b5-1 plan, which provides pre-established trading intent and reduces concerns about opportunistic timing
- Form 4 filed and signed via power of attorney, indicating timely compliance with Section 16 reporting requirements
Negative
- Officer reduced holdings by 2,000 shares, which is a sale of stock by a senior finance executive (though size appears modest relative to holdings)
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; modest disposition relative to total reported holdings.
The Form 4 documents a 2,000-share sale at $49.89 executed on 09/04/2025 by Daniel S. Yates, SVP and Chief Accounting Officer, reducing his direct holding to 22,555 shares. The sale was executed under a Rule 10b5-1 plan adopted 06/05/2025, which generally indicates pre-planned, non-discretionary trading and reduces the likelihood of informational timing. No derivative positions or other material changes are reported. For investors, this is informative but not material by itself absent broader insider activity or company-specific news.
TL;DR: Proper procedural disclosure; 10b5-1 plan adoption provides standard compliance context.
The filing shows compliance with Section 16 reporting via a signed Form 4 and explicit disclosure that the trade was pursuant to a 10b5-1 trading plan adopted on 06/05/2025. The presence of a power of attorney signature is noted and acceptable when authorized. The transaction is a straightforward disposition with no indirect ownership changes disclosed. This filing reflects routine insider reporting practices rather than a governance concern.