Dynatrace (DT) CFO Benson logs RSU vesting, share withholding for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dynatrace, Inc. executive vice president, CFO and treasurer James M. Benson reported routine equity compensation activity involving restricted stock units (RSUs). On June 15, 2026, 17,731 RSUs vested into an equal number of shares of common stock, consistent with an award granted on December 15, 2022 under the company’s 2019 Equity Incentive Plan. To cover tax obligations at vesting, 8,573 of these shares were withheld by Dynatrace, leaving a net share increase while not reflecting an open-market sale. Following these transactions, Benson directly held 176,244 shares of common stock and 35,464 RSUs, which will continue to vest in scheduled quarterly installments through December 15, 2026, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,731 shares exercised/converted
Mixed
3 txns
Insider
Benson James M
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,731 | $0.00 | -- |
| Exercise | Common Stock | 17,731 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,573 | $41.19 | $353K |
Holdings After Transaction:
Restricted Stock Units — 35,464 shares (Direct, null);
Common Stock — 184,817 shares (Direct, null)
Footnotes (1)
- Each 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. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of RSUs. Represents the vesting of RSUs granted on December 15, 2022 under the Issuer's 2019 Equity Incentive Plan, as amended. 25% of the RSUs granted vested on December 15, 2023 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on December 15, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates.
Key Figures
RSUs vested: 17,731 units
Shares withheld for taxes: 8,573 shares
Common shares held after transactions: 176,244 shares
+3 more
6 metrics
RSUs vested
17,731 units
Converted into common stock on June 15, 2026
Shares withheld for taxes
8,573 shares
Withheld upon RSU vesting to satisfy tax obligations
Common shares held after transactions
176,244 shares
Direct holdings following June 15, 2026 events
RSUs remaining after vest
35,464 units
Unvested RSUs after the June 15, 2026 vesting
RSU grant date
December 15, 2022
Original grant under 2019 Equity Incentive Plan
Final vesting date
December 15, 2026
Date by which RSUs are fully vested if employment continues
Key Terms
Restricted Stock Units, tax withholding obligations, 2019 Equity Incentive Plan, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"Represents the vesting of RSUs granted on December 15, 2022 under the Issuer's 2019 Equity Incentive Plan, as amended."
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.
tax withholding obligations financial
"Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of RSUs."
2019 Equity Incentive Plan financial
"Represents the vesting of RSUs granted on December 15, 2022 under the Issuer's 2019 Equity Incentive Plan, as amended."
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
What insider transaction did Dynatrace (DT) CFO James Benson report?
Dynatrace CFO James Benson reported RSU vesting and related tax withholding, not an open-market trade. 17,731 restricted stock units vested into common shares, with 8,573 shares withheld by the company to cover tax obligations tied to the vesting event.
How many Dynatrace (DT) RSUs vested for the CFO in this Form 4?
A total of 17,731 restricted stock units vested for the Dynatrace CFO. Each RSU converts into one share of common stock, reflecting a scheduled vest under a 2022 equity grant, rather than a discretionary market purchase of Dynatrace shares.
What are James Benson’s Dynatrace (DT) holdings after the reported transactions?
After the reported transactions, James Benson directly held 176,244 shares of Dynatrace common stock and 35,464 restricted stock units. The remaining RSUs are scheduled to vest in equal quarterly installments through December 15, 2026, contingent on continued employment.
What is the vesting schedule of the Dynatrace (DT) RSUs mentioned in the filing?
The RSUs were granted on December 15, 2022. Twenty-five percent vested on December 15, 2023, and the remaining units vest in equal quarterly installments until fully vested on December 15, 2026, assuming James Benson remains employed on each vesting date.
How does tax withholding work for Dynatrace (DT) RSU vesting events?
At RSU vesting, Dynatrace withholds a portion of newly delivered shares to cover the executive’s tax obligations. In this filing, 8,573 shares were withheld from James Benson’s vested shares, satisfying tax requirements without using cash or executing an open-market share sale.