Dynatrace CFO vests 17,086 shares; 8,275 for taxes
Dynatrace’s CFO reported RSU and performance share vesting into common stock, with a portion of shares withheld to cover tax obligations.
Rhea-AI Filing Summary
Dynatrace, Inc. (DT) reported that EVP, CFO and Treasurer James M. Benson had multiple equity award vestings on September 5, 2026. Performance and time-based restricted stock units converted into a total of 17,086 shares of common stock, and 8,275 shares were delivered or withheld for payment of tax liability at $51.90 per share. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,086 shares exercised/converted
Exercise
12 txns
Insider
Benson James M
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (Financial) F1, F3 | 3,851 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 4,938 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 4,927 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units (Financial) F1, F6 | 3,370 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,851 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,874 | $51.90 | $97K |
| Exercise | Common Stock F1 | 4,938 | -- | -- |
| Tax Withholding | Common Stock F2 | 2,388 | $51.90 | $124K |
| Exercise | Common Stock F1 | 4,927 | -- | -- |
| Tax Withholding | Common Stock F2 | 2,383 | $51.90 | $124K |
| Exercise | Common Stock F1 | 3,370 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,630 | $51.90 | $85K |
Holdings After Transaction:
Performance Restricted Stock Units (Financial) — 27,498 contracts (Direct);
Restricted Stock Units — 55,657 contracts (Direct);
Common Stock — 185,055 shares (Direct)
Footnotes (6)
- 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. Represents the vesting of restricted stock units based on financial performance ("Financial PSUs") granted on June 5, 2024 under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). 33% of the earned Financial PSUs 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.
- F4. Represents the vesting of time-based restricted stock units ("RSUs") granted on June 5, 2024 under the Plan. 33% of the granted RSUs 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.
- F5. Represents the vesting of RSUs granted on June 5, 2025 under the Plan. 33% of the granted RSUs vested on June 5, 2026 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2028, subject to the Reporting Person's continued employment on the applicable vesting dates.
- F6. Represents the vesting of Financial PSUs granted on June 5, 2025 under the Plan. 33% of the earned Financial PSUs vested on June 5, 2026, and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2028, subject to the Reporting Person's continued employment on the applicable vesting dates.
Key Figures
Total shares from equity award vesting: 17,086 shares
Shares delivered or withheld for tax liability: 8,275 shares
Per-share value for tax withholding: $51.90 per share
+4 more
7 metrics
Total shares from equity award vesting
17,086 shares
Derivative exercises/conversions reported for September 5, 2026
Shares delivered or withheld for tax liability
8,275 shares
Code F transactions related to RSU vesting
Per-share value for tax withholding
$51.90 per share
Code F common stock transactions on September 5, 2026
Derivative exercises count
4 transactions
Performance RSUs and RSUs converted into common stock
Tax-withholding transactions count
4 transactions
Code F common stock entries for tax liability
Initial vesting date for 2024 grants
June 5, 2025
33% of 2024 Financial PSUs and RSUs vested on this date
Final vesting date for 2025 grants
June 5, 2028
Remaining Financial PSUs and RSUs granted in 2025 vest quarterly until this date
Key Terms
Restricted Stock Units, Performance Restricted Stock Units (Financial), Financial PSUs, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"Represents the vesting of time-based restricted stock units ("RSUs") granted"
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.
Performance Restricted Stock Units (Financial) financial
"Represents the vesting of restricted stock units based on financial performance"
Financial PSUs financial
"33% of the earned Financial PSUs vested on June 5, 2025"
tax withholding obligations financial
"Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations"
2019 Equity Incentive Plan financial
"granted on June 5, 2024 under the Issuer's 2019 Equity Incentive Plan"
FAQ
What did Dynatrace (DT) disclose in this Form 4 for its CFO?
Dynatrace reported that CFO James M. Benson had restricted stock units and performance-based units vest on September 5, 2026, converting into 17,086 shares of common stock, with part of those shares delivered or withheld to cover tax obligations.
Were the Dynatrace (DT) CFO’s transactions under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox is marked negative, indicating these reported transactions were not affirmed as made under a Rule 10b5-1 trading plan.
What types of awards vested for Dynatrace (DT) CFO James M. Benson?
The filing shows vesting of time-based restricted stock units (RSUs) and financial performance-based restricted stock units (Financial PSUs), all granted under Dynatrace’s 2019 Equity Incentive Plan, with vesting schedules running through June 5, 2027 and June 5, 2028 as described.
What is the vesting schedule for the Dynatrace (DT) Financial PSUs granted to the CFO?
For Financial PSUs granted on June 5, 2024, 33% of earned units vested on June 5, 2025 and the rest vest quarterly until June 5, 2027. Financial PSUs granted on June 5, 2025 vest 33% on June 5, 2026, with the balance vesting quarterly until June 5, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
