Dynatrace CEO nets shares from RSU vesting
Dynatrace, Inc. Chief Executive Officer Rick McConnell reported multiple equity award vestings and related share movements.
Rhea-AI Filing Summary
Dynatrace, Inc. Chief Executive Officer Rick McConnell reported multiple equity award vestings and related share movements. On March 5, 2026, performance-based and time-based restricted stock units vested, converting into a combined 56,124 shares of Dynatrace common stock at no exercise price.
The company withheld a total of 24,766 shares of common stock at $39.21 per share to cover McConnell’s tax obligations linked to these vestings. After these transactions, he held 169,700 shares of Dynatrace common stock directly. An additional 500 shares are held indirectly by the Anne Marie McConnell Trust, for which his spouse is sole trustee, and he disclaims beneficial ownership except for any pecuniary interest.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (Financial) | 17,146 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 12,608 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units (Financial) | 11,556 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 14,814 | $0.00 | $0.00 |
| Exercise | Common Stock | 17,146 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,225 | $39.21 | $244K |
| Exercise | Common Stock | 12,608 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,149 | $39.21 | $202K |
| Exercise | Common Stock | 11,556 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,869 | $39.21 | $230K |
| Exercise | Common Stock | 14,814 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,523 | $39.21 | $295K |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units.
- F3. Shares held by the Anne Marie McConnell Trust dated July 16, 2021, for which the Reporting Person's spouse is the sole trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares except to the extent of his pecuniary interest, if any, therein, and nothing contained in this report shall be deemed an admission that the Reporting Person is the beneficial owner of any of the shares for Section 16 purposes or otherwise.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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
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What insider transactions did Dynatrace (DT) CEO Rick McConnell report on March 5, 2026?
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