DT Form 4: McConnell RSU Vesting, Ownership Corrected by 500 Shares
Rhea-AI Filing Summary
Dynatrace, Inc. (DT) director and CEO Rick M. McConnell reported the vesting of 5,275 time-based restricted stock units on 08/15/2025, which converted into the same number of common shares. The issuer withheld 2,679 shares to satisfy tax withholding at an effective price shown as $48.24, leaving the reporting person with 170,503 shares owned directly after correcting a prior overstatement of 500 shares. The filing also discloses 500 shares held indirectly in the Anne Marie McConnell Trust. The Form 4 was signed by power of attorney on 08/18/2025.
Positive
- Corrected prior filing error by reducing the overstated direct beneficial ownership by 500 shares, improving disclosure accuracy
- Vesting of 5,275 RSUs converted to common stock as scheduled, reflecting normal compensation realization
- Clear disclosure of tax withholding where 2,679 shares were withheld to satisfy tax obligations upon vesting
Negative
- Shares withheld for taxes (2,679) reduced the net increase in free-floating shares from the RSU vesting
Insights
TL;DR: Routine executive compensation vesting with minor share withholding and a corrected ownership tally; not material to company valuation.
The report documents the vesting of 5,275 RSUs into common stock and the withholding of 2,679 shares for taxes, leaving 170,503 shares directly owned after a 500-share correction to prior filings. These actions reflect normal equity compensation mechanics rather than active market trading or a change in control. The sizes involved are small relative to total public float and present no immediate balance-sheet or liquidity impact on the issuer.
TL;DR: Disclosure corrects a scrivener error and records scheduled RSU vesting; governance and reporting restored to accurate status.
The filing clarifies a prior overstatement of beneficial ownership by 500 shares and records scheduled vesting from a 2021 RSU grant. The Reporting Person disclaims beneficial ownership of trust-held shares except to the extent of any pecuniary interest, consistent with standard Section 16 reporting practice. Execution by power of attorney is properly noted, and the Form 4 documents routine executive compensation events rather than extraordinary insider activity.