Dynatrace (DT) director Kulkarni converts 518 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dynatrace, Inc. director Amol Kulkarni reported a routine equity compensation event. On June 1, 2026, 518 time-based restricted stock units (RSUs) vested and were converted into 518 shares of Dynatrace common stock at a conversion price of $0.00 per share. After this transaction, Kulkarni directly holds 9,688 shares of common stock and 2,594 RSUs.
These RSUs were granted on September 1, 2023. According to the grant terms, 25% vested on September 1, 2024, and the remaining balance vests in equal quarterly installments until fully vested on September 1, 2027, subject to his continued service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
518 shares exercised/converted
Mixed
2 txns
Insider
Kulkarni Amol
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 518 | $0.00 | -- |
| Exercise | Common Stock | 518 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,594 shares (Direct, null);
Common Stock — 9,688 shares (Direct, null)
Footnotes (1)
- Each time-based 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. Represents the vesting of RSUs granted on September 1, 2023. 25% of the RSUs granted vested on September 1, 2024 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on September 1, 2027, subject to the Reporting Person's continued service as a director of the Issuer on the applicable vesting dates.
Key Figures
RSUs vested and converted: 518 shares
Conversion price: $0.00 per share
Common shares after transaction: 9,688 shares
+4 more
7 metrics
RSUs vested and converted
518 shares
Time-based RSUs converted to common stock on June 1, 2026
Conversion price
$0.00 per share
RSU-to-common-stock conversion price
Common shares after transaction
9,688 shares
Direct holdings of Dynatrace common stock post-transaction
RSUs remaining after transaction
2,594 units
Unvested or outstanding restricted stock units
RSU grant date
September 1, 2023
Original grant date for the RSUs that are vesting
Initial 25% vest date
September 1, 2024
Date when first 25% of RSUs vested
Final vesting date
September 1, 2027
Scheduled date when RSUs will be fully vested
Key Terms
Restricted Stock Units, time-based restricted stock unit, vest, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"Represents the vesting of RSUs granted on September 1, 2023."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based restricted stock unit financial
"Each time-based restricted stock unit ("RSU") represents a contingent right to receive one share"
vest financial
"25% of the RSUs granted vested on September 1, 2024 and the balance of the RSUs vest in equal quarterly installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
FAQ
What did Dynatrace (DT) director Amol Kulkarni report in this Form 4?
Amol Kulkarni reported the vesting of 518 restricted stock units that converted into 518 Dynatrace common shares. This is a routine equity compensation event, not an open‑market stock purchase or sale.
What are the terms of Amol Kulkarni’s Dynatrace (DT) RSU grant?
The RSUs were granted on September 1, 2023. Twenty‑five percent vested on September 1, 2024, with the remaining units vesting in equal quarterly installments until fully vested on September 1, 2027, subject to his continued board service.
What does an M‑code transaction mean on this Dynatrace (DT) Form 4?
An M‑code indicates the exercise or conversion of a derivative security. Here, 518 RSUs were converted into 518 common shares as part of scheduled vesting, a standard equity compensation mechanism for directors.