DT Form 4: Director Lifshatz reports 3,981 RSUs vested; 4,111 RSUs granted
Rhea-AI Filing Summary
Stephen J. Lifshatz, a director of Dynatrace, Inc. (DT), reported changes to his equity holdings on 08/20/2025. The filing shows certain previously reported unvested time-based restricted stock units (RSUs) totaling 3,981 shares were moved from the non-derivative table to the derivative table to reflect their status as RSUs. Those RSUs, originally granted on 08/23/2024, 100% vested on 08/20/2025. The report also discloses a new grant of 4,111 RSUs that will vest on the earlier of the one-year anniversary of the grant (on or about 08/20/2026) or the 2026 annual meeting, subject to continued service. The filing is a routine disclosure of director equity movement and new RSU awards, showing the conversion and issuance mechanics rather than market sales or purchases.
Positive
- Director alignment through equity: A new grant of 4,111 RSUs ties the director's compensation to company performance and continued service.
- Vesting completion disclosed: 3,981 RSUs previously reported have 100% vested on 08/20/2025, clarifying ownership status.
Negative
- None.
Insights
TL;DR: Routine director equity vesting and a new RSU grant; no cash sale or purchase reported.
The Form 4 documents administrative reclassification of 3,981 previously reported unvested RSUs now recorded as derivative securities and the vesting of those units on 08/20/2025. It also records a new grant of 4,111 RSUs that will vest by the earlier of a one-year anniversary or the 2026 annual meeting, contingent on continued service. There are no reported open-market dispositions or cash proceeds; this is a compensation and accounting movement consistent with director equity programs.
TL;DR: Typical director equity administration—vesting occurred and a follow-on award was granted with service-based vesting.
The filing indicates standard governance practice: time-based RSUs granted to a director vested in full on 08/20/2025, and a subsequent RSU grant of 4,111 units was made with similar one-year/service-based vesting conditions. These disclosures align director incentives with long-term shareholder interest but do not represent unusual compensation terms or immediate dilution beyond routine equity compensation accounting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,981 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,111 | $0.00 | -- |
| Exercise | Common Stock | 3,981 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This Form 4 reports the moving of unvested time-based restricted stock units ("RSUs") previously reported in Table I to Table II in addition to the transactions reflected herein. Reflects a decrease of 3,981 shares of the Issuer's Common Stock representing unvested RSUs that were previously reported in Table I and are being reported in Table II of this Form 4 as derivative securities. Each 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. As previously reported on August 27, 2024, these RSUs were granted on August 23, 2024. 100% of the RSUs granted vested on August 20, 2025, which was the earlier of the one year anniversary of the date of grant (August 23, 2025) and the date of the Issuer's 2025 Annual Meeting of Stockholders (which was held on August 20, 2025). Represents the grant of RSUs. 100% of the RSUs granted will vest on the earlier of the one year anniversary of the date of grant (August 20, 2026) and the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director of the Issuer on the applicable vesting date.
