Dynatrace (NYSE: DT) CFO logs RSU vesting and tax share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dynatrace, Inc. Executive Vice President, CFO and Treasurer James M. Benson reported multiple equity award vesting and related share movements on March 5, 2026. Performance-based and time-based restricted stock units converted into Dynatrace common stock at no exercise price, reflecting scheduled vesting from grants made in 2023 and 2024.
To cover associated tax withholding obligations, a portion of the newly vested common shares was withheld by Dynatrace at a price of $39.21 per share, categorized as tax-withholding dispositions rather than open-market sales. Following these transactions, Benson directly owned 124,973 shares of Dynatrace common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,886 shares exercised/converted
Mixed
12 txns
Insider
Benson James M
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (Financial) | 5,818 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,278 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units (Financial) | 3,852 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,938 | $0.00 | -- |
| Exercise | Common Stock | 5,818 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,838 | $39.21 | $72K |
| Exercise | Common Stock | 4,278 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,256 | $39.21 | $49K |
| Exercise | Common Stock | 3,852 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,131 | $39.21 | $44K |
| Exercise | Common Stock | 4,938 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,450 | $39.21 | $57K |
Holdings After Transaction:
Performance Restricted Stock Units (Financial) — 5,816 shares (Direct);
Restricted Stock Units — 4,277 shares (Direct);
Common Stock — 117,580 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units do not expire. They either vest or are cancelled prior to the vesting date. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units. Represents the vesting of restricted stock units based on financial performance ("Financial PSUs") granted on June 5, 2023. 33% of the Financial PSUs granted vested on June 5, 2024 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of time-based restricted stock units ("RSUs") granted on June 5, 2023. 33% of the RSUs granted vested on June 5, 2024 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of Financial PSUs granted on June 5, 2024. 33% of the Financial PSUs granted vested on June 5, 2025 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of RSUs granted on June 5, 2024. 33% of the RSUs granted vested on June 5, 2025 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
FAQ
What did Dynatrace (DT) CFO James M. Benson report in this Form 4?
Dynatrace CFO James M. Benson reported scheduled vesting of performance-based and time-based restricted stock units into common stock, plus related tax-withholding share dispositions. These transactions reflect equity awards granted in 2023 and 2024 and are part of ongoing executive compensation.
What types of equity awards vested for the Dynatrace (DT) CFO?
The transactions involve vesting of performance restricted stock units based on financial performance and time-based restricted stock units. These awards were originally granted in 2023 and 2024 and continue to vest in quarterly installments through 2026 and 2027, subject to continued employment.
How are Dynatrace (DT) restricted stock units described in the Form 4 footnotes?
Each Dynatrace restricted stock unit represents a contingent right to receive one share of common stock. The units do not expire; instead, they either vest according to their schedules or are cancelled before the vesting date, depending on continued employment conditions.